MyState Management
Management criteria checks 4/4
MyState's CEO is Brett Morgan, appointed in Jan 2022, has a tenure of 4.42 years. total yearly compensation is A$1.20M, comprised of 50.7% salary and 49.3% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth A$363.27K. The average tenure of the management team and the board of directors is 5.5 years and 6.8 years respectively.
Key information
Brett Morgan
Chief executive officer
AU$1.2m
Total compensation
| CEO salary percentage | 50.75% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.05% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
MYS: Stable Dividend Outlook Will Support Future Upside Potential
Analysts have maintained their A$5.26 price target on MyState, noting broadly stable views on fair value, discount rate, revenue growth, profit margins and future P/E assumptions. What's in the News MyState Limited declared an ordinary dividend of A$0.12 per security for the six months ended December 31, 2025, giving investors clarity on upcoming income timing (Key Developments).MYS: Stable Dividend And Earnings Assumptions Will Support Future Upside Potential
Analysts have kept their A$5.26 price target for MyState steady, with only slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding the updated view. What's in the News MyState declared an ordinary dividend of A$0.12 per security for the six months ended December 31, 2025, giving income focused holders clear visibility on the upcoming payout schedule (Key Developments).MYS: Stable Dividend And Earnings Assumptions Will Support Future Upside Potential
Analysts have kept their A$5.26 price target for MyState steady, citing unchanged fair value, revenue growth, profit margin and future P/E assumptions, with only minimal tweaks to discount rate inputs. What's in the News Announced an ordinary dividend of A$0.12 per security for the six months ended December 31, 2025 (Key Developments) Record date for the declared dividend set for February 26, 2026, with an ex dividend date of February 25, 2026 (Key Developments) Dividend payment scheduled for March 20, 2026, giving income focused holders a clear cash flow date (Key Developments) Valuation Changes Fair Value: A$5.26 remains unchanged, indicating no adjustment to the assessed intrinsic value per share.MYS: Stable Dividend And Earnings Assumptions Will Support Future Upside Potential
MyState’s analyst price target has been held steady at A$5.26, with analysts pointing to largely unchanged fair value estimates, discount rate, revenue growth and profit margin assumptions, as well as a marginally adjusted future P/E of 14.11x, as the basis for maintaining their view. What's in the News MyState Limited announced an ordinary dividend of A$0.12 per security for the six months ended December 31, 2025, with a record date of February 26, 2026, an ex date of February 25, 2026, and a payment date of March 20, 2026 (Key Developments).MYS: Dividend Outlook And Revised Earnings Assumptions Will Shape Fair Value
Analysts have lifted their price target for MyState from A$5.04 to A$5.26, reflecting updated assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple. What's in the News MyState Limited declared an ordinary dividend of A$0.12 per security for the six months ended December 31, 2025, giving investors clarity on upcoming income timing (Key Developments).Auswide Bank Merger And Digital Banking Will Increase Operational Efficiency
Merger with Auswide Bank expands MyState's scale and reach, enabling growth and efficiency improvements.MyState's (ASX:MYS) Shareholders Will Receive A Smaller Dividend Than Last Year
MyState Limited ( ASX:MYS ) is reducing its dividend from last year's comparable payment to A$0.105 on the 21st of...MyState's (ASX:MYS) Dividend Will Be A$0.115
The board of MyState Limited ( ASX:MYS ) has announced that it will pay a dividend of A$0.115 per share on the 16th of...MyState (ASX:MYS) Has Re-Affirmed Its Dividend Of AU$0.13
MyState Limited ( ASX:MYS ) will pay a dividend of AU$0.13 on the 15th of March. This means the annual payment is 5.1...We Think The Compensation For MyState Limited's (ASX:MYS) CEO Looks About Right
Despite MyState Limited's ( ASX:MYS ) share price growing positively in the past few years, the per-share earnings...MyState Limited (ASX:MYS) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.20
MyState Limited ( ASX:MYS ) came out with its half-yearly results last week, and we wanted to see how the business is...How Much Is MyState Limited (ASX:MYS) Paying Its CEO?
This article will reflect on the compensation paid to Melos Sulicich who has served as CEO of MyState Limited ( ASX:MYS...Did You Participate In Any Of MyState's (ASX:MYS) Respectable 46% Return?
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | AU$47m |
| Sep 30 2025 | n/a | n/a | AU$41m |
| Jun 30 2025 | AU$1m | AU$610k | AU$36m |
| Mar 31 2025 | n/a | n/a | AU$35m |
| Dec 31 2024 | n/a | n/a | AU$34m |
| Sep 30 2024 | n/a | n/a | AU$35m |
| Jun 30 2024 | AU$1m | AU$609k | AU$35m |
| Mar 31 2024 | n/a | n/a | AU$36m |
| Dec 31 2023 | n/a | n/a | AU$36m |
| Sep 30 2023 | n/a | n/a | AU$37m |
| Jun 30 2023 | AU$736k | AU$598k | AU$39m |
| Mar 31 2023 | n/a | n/a | AU$37m |
| Dec 31 2022 | n/a | n/a | AU$35m |
| Sep 30 2022 | n/a | n/a | AU$34m |
| Jun 30 2022 | AU$666k | AU$283k | AU$32m |
Compensation vs Market: Brett's total compensation ($USD840.55K) is about average for companies of similar size in the Australian market ($USD848.36K).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
CEO
Brett Morgan
Mr. Brett Alexander Morgan, BEc, MAppFin, serves as an Executive Director since January 17, 2022 and Managing Director & Chief Executive Officer since January 2022 at MyState Limited. He had been Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 4.4yrs | AU$1.20m | 0.046% A$ 363.3k | |
| Chief Financial Officer | 6.7yrs | AU$569.84k | 0.0066% A$ 51.5k | |
| Chief Information Officer | no data | AU$446.30k | 0.019% A$ 152.2k | |
| Chief People Officer | no data | AU$405.62k | 0.013% A$ 100.2k | |
| Chief Risk Officer | 10.5yrs | AU$567.26k | 0.021% A$ 166.4k | |
| General Manager of MyState Bank | 1.3yrs | AU$520.67k | no data | |
| General Manager of Auswide Bank | 1.3yrs | AU$381.53k | 0.00029% A$ 2.3k | |
| Company Secretary | 12.6yrs | AU$311.82k | no data |
Experienced Management: MYS's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 4.4yrs | AU$1.20m | 0.046% A$ 363.3k | |
| Independent Non-Executive Director | 6.8yrs | AU$190.58k | 0.029% A$ 226.8k | |
| Independent Non-Executive Director | 8.7yrs | AU$140.00k | 0.022% A$ 173.2k | |
| Independent Non-Executive Director | 1.3yrs | AU$42.15k | 0.0073% A$ 57.1k | |
| Independent Non-Executive Director | 8.7yrs | AU$130.00k | 0.025% A$ 197.2k | |
| Independent Non-Executive Chairman | 1.3yrs | AU$87.32k | 0.0031% A$ 24.1k | |
| Independent Non-Executive Director | 9.5yrs | AU$130.00k | 0.020% A$ 156.7k |
Experienced Board: MYS's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/19 08:45 |
| End of Day Share Price | 2026/06/19 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
MyState Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brendan Carrig | Macquarie Research |
| Nathan Zaia | Morningstar Inc. |
| Alastair Hunter | Ord Minnett Limited |