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MyState Limited (ASX:MYS)

ALERT: Price-sensitive ASX Announcement for MYS
Current share price for MYS : $4.610 -0.17 (-3.56%)+
Announcement
Release
20 Feb 2026 8:50AM
Price at Release
$4.780
Full Release
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Summary
MyState Limited, a diversified financial services group, presented its HY26 results highlighting a significant growth in statutory net profit after tax by 71.4% compared to the previous year. Following its merger with Auswide Bank, MyState has expanded its services in banking, trustee, equipment finance, and wealth management. The company has shown robust performance with an increase in net interest income and a stable growth in customer deposits and the home loan book. MyState remains well-capitalized, supporting further investments in lending growth. An interim dividend was announced at 12.0 cps, reflecting the company’s strong financial performance and optimistic growth outlook.
Key Points
  • MyState Limited (MYS) is a diversified financial services group listed in September 2009.
  • MYS merged with Auswide Bank in February 2025.
  • The company provides banking, trustee, equipment finance, and wealth management services.
  • MYS operates through MyState Bank, Auswide Bank, Selfco, and TPT Wealth.
  • MyState reported strong earnings growth in 1H26.
  • Statutory net profit after tax increased 71.4% compared to 1H25.
  • Underlying earnings per share increased by 5.4%.
  • Net interest income increased by 12%.
  • Customer deposits and home loan book both showed growth.
  • MYS remains well-capitalized with strong capital ratios.
  • The interim dividend was raised to 12.0 cps, fully franked.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.