What is the ROE (Return on Equity) of MyState this year?
The ROE of MyState this year is 0.08 undefined.
MyState ROE 2024
MyState ROE
0.08
Ticker
MYS.AX
ISIN
AU000000MYS0
WKN
A1CZMV
In 2024, MyState's return on equity (ROE) was 0.08, a 1.89% increase from the 0.07 ROE in the previous year.
MyState Aktienanalyse
What does MyState do?
MyState Ltd. is an Australian financial services company specializing in banking, wealth management, and mortgages. The company was founded in 2009 and is headquartered in Hobart, Tasmania. The history of MyState begins with the establishment of Tasmanian Perpetual Trustees Limited in 1876. The company was later renamed The Trust Company (TTC) and became a leading provider of asset management services in Australia. In 2013, TTC was acquired by Perpetual Limited, and MyState Wealth Management was established in the same year. Today, MyState is a diversified financial services company focusing on the needs of families and small businesses. MyState's business model is based on a combination of deposits and loans, as well as investments in assets such as real estate, capital markets, and alternative investments. MyState operates three different business segments: Personal Banking, Business Banking, and Wealth Management. In the Personal Banking segment, the company offers a wide range of products and services, including savings accounts, credit cards, mortgages, personal loans, and insurance. MyState is committed to providing its customers with the best solutions to meet their financial needs, emphasizing transparency and personalized service. In the Business Banking segment, MyState offers a variety of services aimed at fulfilling the financial needs of small and medium-sized businesses. The company provides business accounts, credit cards, leasing and equipment finance, as well as factoring services. MyState has a strong network of experienced advisors and is committed to offering comprehensive financial solutions. Wealth Management is MyState's third business segment, offering investment and asset management services. This includes a variety of options such as stocks and bonds, alternative asset classes like private equity, infrastructure, and hedge funds. These services target the needs of affluent investors looking for customized investment solutions. In recent years, MyState has also invested in innovations to enhance the customer experience. One example is the MyState Bank App, which allows customers to easily and conveniently manage their finances on the go. Overall, MyState has a comprehensive portfolio of services to meet the needs of its customers. The company is a key player in the Australian financial market, with a clear focus on customer needs and a dedicated team of professionals. MyState ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding MyState's Return on Equity (ROE)
MyState's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing MyState's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
MyState's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in MyState’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about MyState stock
How has the Return on Equity (ROE) of MyState developed compared to the previous year?
The ROE of MyState has increased by 1.89% increased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of MyState?
A high ROE indicates that MyState generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of MyState?
A low ROE can indicate that MyState is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of MyState affect the company?
A change in ROE (Return on Equity) of MyState can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of MyState?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of MyState?
Some factors that can influence MyState's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does MyState pay?
Over the past 12 months, MyState paid a dividend of 0.33 AUD . This corresponds to a dividend yield of about 8.47 %. For the coming 12 months, MyState is expected to pay a dividend of 0.33 AUD.
What is the dividend yield of MyState?
The current dividend yield of MyState is 8.47 %.
When does MyState pay dividends?
MyState pays a quarterly dividend. This is distributed in the months of March, September, March, September.
How secure is the dividend of MyState?
MyState paid dividends every year for the past 20 years.
What is the dividend of MyState?
For the upcoming 12 months, dividends amounting to 0.33 AUD are expected. This corresponds to a dividend yield of 8.46 %.
In which sector is MyState located?
MyState is assigned to the 'Finance' sector.
Wann musste ich die Aktien von MyState kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MyState from 9/16/2024 amounting to 0.164 AUD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.
When did MyState pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of MyState in the year 2023?
In the year 2023, MyState distributed 0.329 AUD as dividends.
In which currency does MyState pay out the dividend?
The dividends of MyState are distributed in AUD.
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Andere Kennzahlen von MyState
Our stock analysis for MyState Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MyState Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
