MyState’s MYS fiscal 2023 cash net profit after tax increased 20% to AUD 38.5 million, with 14% loan growth helping offset weaker net interest margin and rising operating costs. The result missed our ...
MyState Ltd is one of Australia’s smallest listed banks, commanding a tiny 0.2% of the mortgage market. A key point of difference though is MyState’s large exposure to housing, and in particular, ...