MyState Limited
ASX:MYS Stock Report
MyState Balance Sheet Health
Financial Health criteria checks 4/6 MyState has total assets of A$9.2B and total equity of A$464.9M. Total deposits are A$6.3B, and total loans are A$8.1B earning a Net Interest Margin of 1.5%. It has insufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are A$150.1M.
Key information
19.7x
Asset to equity ratio
Total deposits AU$6.33b
Loan to deposit ratio High
Bad loans 1.0%
Allowance for bad loans Low
Current ratio Low
Cash & equivalents AU$150.13m
Recent financial health updates
Show all updates
Consensus revenue estimates increase by 13% Nov 14
MyState's (ASX:MYS) Dividend Will Be A$0.115 Aug 21 MyState Limited (ASX:MYS) entered into Binding Scheme Implementation Agreement to acquire Auswide Bank Ltd (ASX:ABA) for approximately AUD 200 million in a Merger of equals transaction.
Final dividend of AU$0.12 announced Aug 21
Full year 2024 earnings: EPS misses analyst expectations Aug 19
Insufficient new directors Aug 01
Price target decreased by 13% to AU$4.38 Mar 01
First half dividend of AU$0.12 announced Feb 25
First half 2024 earnings released: EPS: AU$0.16 (vs AU$0.19 in 1H 2023) Feb 24 MyState Limited to Report First Half, 2024 Results on Feb 23, 2024 MyState Limited Revises Earnings Guidance for the Fiscal Year 2024 Dec 15
MyState Limited Declares Fully Franked Final Dividend for the Year 2023, Payable on 19 September 2023 Aug 18
Full year 2023 earnings: Revenues miss analyst expectations Aug 18
Now 20% undervalued Aug 11
Now 20% undervalued after recent price drop Jun 26
First half 2023 earnings released: EPS: AU$0.19 (vs AU$0.16 in 1H 2022) Feb 24
MyState Limited, Annual General Meeting, Oct 19, 2023 Dec 22
Now 21% undervalued after recent price drop Oct 16
Now 22% undervalued after recent price drop Aug 30
Full year 2022 earnings: EPS and revenues miss analyst expectations Aug 16
MyState Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2022, Payable on September 7, 2022 Aug 15
Now 21% undervalued after recent price drop Apr 28
Now 20% undervalued after recent price drop Apr 13
Consensus EPS estimates fall by 16% Feb 24
MyState (ASX:MYS) Has Re-Affirmed Its Dividend Of AU$0.13 Feb 21
First half 2022 earnings: EPS and revenues miss analyst expectations Feb 21 MyState Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on March 15, 2022 MyState Limited to Report First Half, 2022 Results on Feb 18, 2022
We Think The Compensation For MyState Limited's (ASX:MYS) CEO Looks About Right Oct 13
Key Executive recently bought AU$63k worth of stock Sep 28
Full year 2021 earnings released: EPS AU$0.39 (vs AU$0.33 in FY 2020) Aug 20
MyState Limited has completed a Follow-on Equity Offering in the amount of AUD 80 million. May 26
New 90-day low: AU$4.88 Feb 25
MyState Limited (ASX:MYS) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.20 Feb 20
First half 2021 earnings released: EPS AU$0.18 (vs AU$0.17 in 1H 2020) Feb 20
Earnings beat expectations, revenue disappoints Feb 20 MyState Limited, Annual General Meeting, Oct 20, 2021
New 90-day high: AU$5.40 Jan 20
How Much Is MyState Limited (ASX:MYS) Paying Its CEO? Jan 18
Did You Participate In Any Of MyState's (ASX:MYS) Respectable 46% Return? Nov 26
Price target raised to AU$5.28 Nov 26
New 90-day high: AU$4.69 Nov 16
Key Executive recently bought AU$80k worth of stock Oct 30
New 90-day high: AU$4.08 Oct 23
Mystate Ltd. to Report Fiscal Year 2010 Results on 08/24/2010 Oct 05
New 90-day low - AU$3.65 Sep 10
Fiducian Group Limited (ASX:FID) completed the acquisition of the Retail Financial Planning Business from MyState Limited (ASX: MYS). Aug 26
Full year earnings released - EPS AU$0.33 Aug 22
MyState Limited Resolves Not to Pay Final Dividend Aug 21
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MYS's Assets to Equity ratio (19.7x) is moderate .
Allowance for Bad Loans: MYS has a low allowance for bad loans (10%).
Low Risk Liabilities: 73% of MYS's liabilities are made up of primarily low risk sources of funding.
Loan Level: MYS has an appropriate level of Loans to Assets ratio (88%).
Low Risk Deposits: MYS's Loans to Deposits ratio (128%) is high .
Level of Bad Loans: MYS has an appropriate level of bad loans (1%).
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