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MyState Limited (ASX:MYS)

ALERT: Price-sensitive ASX Announcement for MYS
Current share price for MYS : $4.900 0.2 (4.26%)+
Announcement
Release
25 Aug 2026 8:50AM
Price at Release
$4.700
Full Release
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Summary
MyState Limited reported strong financial results for the fiscal year ending June 30, 2026 (FY26), showcasing significant earnings growth and successful integration efforts post-merger. The underlying net profit after tax increased by 41.2% to $58.3 million, with statutory net profit after tax rising by 58.0% to $56.2 million. The company achieved a total operating income growth of 37.1% to $255.9 million and controlled its operating expenses to a 33.9% increase. Core earnings also saw a notable rise of 43.9% to $85.8 million. MyState's assets grew by 5.3%, while its home loan book expanded by 5.8%. Customer deposits increased by 4.0%. The group maintained a strong capital position, with a CET1 ratio of 11.6% and a total capital ratio of 15.8%. The merger's successful integration delivered $11.8 million in run-rate synergies. Furthermore, the company declared a fully franked final dividend of 12.5 cents per share, totaling a full-year payout ratio of 72%.
Key Points
  • Strong FY26 financial results with significant earnings growth.
  • Underlying NPAT increased by 41.2% to $58.3 million.
  • Statutory NPAT rose by 58.0% to $56.2 million.
  • Total operating income grew by 37.1% to $255.9 million.
  • Operating expenses increased by 33.9%.
  • Core earnings increased by 43.9% to $85.8 million.
  • Assets grew by 5.3%; home loan book expanded by 5.8%.
  • Customer deposits increased by 4.0%.
  • Strong capital position: CET1 ratio of 11.6%, total capital ratio 15.8%.
  • Merger integration delivered $11.8 million in synergies.
  • Fully franked final dividend of 12.5 cents per share declared.
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.