Auswide Bank Ltd provides various personal and business banking products and services in Australia.
Excellent balance sheet average dividend payer.
Share Price & News
How has Auswide Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ABA exceeded the Australian Mortgage industry which returned -14.7% over the past year.
Return vs Market: ABA exceeded the Australian Market which returned -10.6% over the past year.
Price Volatility Vs. Market
How volatile is Auswide Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould You Worry About Auswide Bank Ltd's (ASX:ABA) CEO Pay Cheque?
1 month ago | Simply Wall StShare Price Aside, Auswide Bank (ASX:ABA) Has Delivered Shareholders A 12% Return.
1 month ago | Simply Wall StWhat Kind Of Shareholder Appears On The Auswide Bank Ltd's (ASX:ABA) Shareholder Register?
Is Auswide Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ABA (A$4.62) is trading above our estimate of fair value (A$4.21)
Significantly Below Fair Value: ABA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABA is poor value based on its PE Ratio (10.8x) compared to the Mortgage industry average (10.3x).
PE vs Market: ABA is good value based on its PE Ratio (10.8x) compared to the Australian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: ABA is poor value based on its PEG Ratio (5.7x)
Price to Book Ratio
PB vs Industry: ABA is good value based on its PB Ratio (0.8x) compared to the AU Mortgage industry average (0.9x).
How is Auswide Bank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ABA's forecast earnings growth (1.9% per year) is below the savings rate (2.3%).
Earnings vs Market: ABA's earnings (1.9% per year) are forecast to grow slower than the Australian market (15% per year).
High Growth Earnings: ABA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ABA's revenue (3.8% per year) is forecast to grow slower than the Australian market (4.5% per year).
High Growth Revenue: ABA's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ABA's Return on Equity is forecast to be low in 3 years time (7.5%).
How has Auswide Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABA has high quality earnings.
Growing Profit Margin: ABA's current net profit margins (24.2%) are lower than last year (24.2%).
Past Earnings Growth Analysis
Earnings Trend: ABA's earnings have grown by 8.3% per year over the past 5 years.
Accelerating Growth: ABA's earnings growth over the past year (5.4%) is below its 5-year average (8.3% per year).
Earnings vs Industry: ABA earnings growth over the past year (5.4%) underperformed the Mortgage industry 6.1%.
Return on Equity
High ROE: ABA's Return on Equity (7.5%) is considered low.
How is Auswide Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ABA's Assets to Equity ratio (15.6x) is moderate.
Allowance for Bad Loans: ABA has a low allowance for bad loans (62%).
Low Risk Liabilities: 85% of ABA's liabilities are made up of primarily low risk sources of funding.
Loan Level: ABA has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: ABA's Loans to Deposits ratio (106%) is appropriate.
Level of Bad Loans: ABA has an appropriate level of bad loans (0.2%).
What is Auswide Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ABA's dividend (7.68%) is higher than the bottom 25% of dividend payers in the Australian market (2.68%).
High Dividend: ABA's dividend (7.68%) is in the top 25% of dividend payers in the Australian market (6.6%)
Stability and Growth of Payments
Stable Dividend: ABA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.2%), ABA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ABA's dividends in 3 years are forecast to be covered by earnings (82.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Barrett (54yo)
Mr. Martin John Barrett, BA(ECON), MBA, has served as Managing Director and Director of Auswide Bank Ltd. since September 2013. Mr. Barrett has extensive experience in the banking sector, having previously ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD516.04K) is above average for companies of similar size in the Australian market ($USD252.41K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
|MD & Executive Director||7.25yrs||AU$784.08k||0.44% A$842.3k|
|Company Secretary & CFO||19.08yrs||AU$401.54k||0.082% A$157.1k|
|Chief Operating Officer||5.33yrs||AU$278.27k||0.011% A$20.2k|
|Chief Information Officer||9.5yrs||AU$237.21k||0.11% A$202.5k|
|Chief People & Property Officer||3.92yrs||AU$243.89k||0.28% A$531.5k|
|Chief Risk Officer||5.83yrs||AU$248.64k||0.033% A$62.9k|
|Chief Customer Officer||3.92yrs||AU$363.29k||no data|
|Administration Manager||no data||no data||no data|
|Group Treasurer||7.33yrs||no data||no data|
Experienced Management: ABA's management team is seasoned and experienced (6.5 years average tenure).
|MD & Executive Director||7.25yrs||AU$784.08k||0.44% A$842.3k|
|Independent Chairman of the Board||10.5yrs||AU$163.40k||0.074% A$141.7k|
|Independent Non-Executive Director||6.5yrs||AU$102.13k||0.035% A$67.3k|
|Independent Non-Executive Director||8.5yrs||AU$102.13k||0.10% A$194.4k|
|Independent Non-Executive Director||5.25yrs||AU$102.13k||no data|
Experienced Board: ABA's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ABA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Auswide Bank Ltd's company bio, employee growth, exchange listings and data sources
- Name: Auswide Bank Ltd
- Ticker: ABA
- Exchange: ASX
- Founded: 1966
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: AU$190.510m
- Shares outstanding: 42.43m
- Website: https://www.auswidebank.com.au
- Auswide Bank Ltd
- 16-20 Barolin Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ABA||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 1994|
|ABA||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 1994|
Auswide Bank Ltd provides various personal and business banking products and services in Australia. The company accepts personal and business accounts, and term deposits; and grants home loans, car and personal loans, business loans, and overdrafts. It also offers credit cards; self-managed superannuation fund accounts; and home and contents, landlord, car, caravan or trailer, boat, travel, trade and services, and farm insurance products, as well as insurance to protect professional office based business. In addition, the company provides foreign exchange, financial advisory, and business support services. The company was formerly known as Wide Bay Australia Ltd and changed its name to Auswide Bank Ltd in April 2015. Auswide Bank Ltd was founded in 1966 and is headquartered in Bundaberg, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 10:31|
|End of Day Share Price||2020/05/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.