Suncorp Group Stock

Suncorp Group Market capitalization 2024

Suncorp Group Market capitalization

25.44 B AUD

Ticker

SUN.AX

ISIN

AU000000SUN6

WKN

886254

In 2024, Suncorp Group's market cap stood at 25.44 B AUD, a 37.18% increase from the 18.55 B AUD market cap in the previous year.

The Suncorp Group Market capitalization history

YEARMarket Capitalization (undefined AUD)
202425.44
202317.85
202215.72
202115.33
202013.66
201918.87
201819.28
201718.54
201616.72
201518.6
201417.86
201316.14
201212.25
201110.7
201012.27
20099.18
200810.86
200713.22
200611.11
200510.59

Suncorp Group Aktienanalyse

What does Suncorp Group do?

Suncorp Group Ltd is an Australian company that was founded in 1902 and is headquartered in Brisbane. Originally established as the Queenslanders' Cooperative Building Society, the company has evolved over the years to become one of Australia's largest financial services providers. Suncorp's business model is focused on offering a wide range of financial services to meet the diverse needs of its customers. These include insurance, banking, wealth management, risk management, and other related services. Suncorp is divided into three main business segments: Insurance, Banking & Wealth, and Suncorp New Zealand. The Insurance segment is the largest, accounting for approximately 50% of the company's total revenue. It offers various types of insurance, including car insurance, travel insurance, life insurance, home insurance, and business insurance. The company also collaborates with other insurance companies to distribute products in the market. The Banking & Wealth segment includes retail banking, wealth management, and corporate banking. In retail banking, Suncorp offers a variety of banking services, including savings and checking accounts, loans, credit cards, and mortgage financing. The company's wealth management includes asset management and investment advice, offering a wide range of investment products such as stocks, bonds, investment funds, and structured products. Suncorp New Zealand is the smallest business segment of the company, originally operating under the name Vero Insurance. The company offers a wide range of insurance products and services, including car insurance, home insurance, and business insurance. Suncorp also provides banking services in New Zealand. Suncorp is one of the largest employers in Australia and New Zealand, with approximately 13,000 employees. The company has also focused on innovation and digitization. It has developed a mobile app as part of its e-banking services, allowing customers to access banking services through their smartphones or tablets. Additionally, Suncorp has introduced the use of chatbots to process customer inquiries in real-time and improve customer satisfaction. Overall, Suncorp Group Ltd is a leading financial services provider in Australia and New Zealand with a long history. Through its wide range of products and services and its focus on innovation and digitization, the company has maintained its position in the market and is likely to continue playing an important role in the financial sector in the future. Suncorp Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Suncorp Group's Market Capitalization

Suncorp Group's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Suncorp Group's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Suncorp Group's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Suncorp Group’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Suncorp Group stock

What is the current Suncorp Group market capitalization?

The current market capitalization of Suncorp Group is 25.44 B AUD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Suncorp Group.

How has the market capitalization of Suncorp Group developed in recent years?

The market capitalization of Suncorp Group has increased/decreased by 37.18% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Suncorp Group?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Suncorp Group?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Suncorp Group have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Suncorp Group pay?

Over the past 12 months, Suncorp Group paid a dividend of 1.11 AUD . This corresponds to a dividend yield of about 5.94 %. For the coming 12 months, Suncorp Group is expected to pay a dividend of 1.11 AUD.

What is the dividend yield of Suncorp Group?

The current dividend yield of Suncorp Group is 5.94 %.

When does Suncorp Group pay dividends?

Suncorp Group pays a quarterly dividend. This is distributed in the months of March, September, March, September.

How secure is the dividend of Suncorp Group?

Suncorp Group paid dividends every year for the past 24 years.

What is the dividend of Suncorp Group?

For the upcoming 12 months, dividends amounting to 1.11 AUD are expected. This corresponds to a dividend yield of 5.89 %.

In which sector is Suncorp Group located?

Suncorp Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Suncorp Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Suncorp Group from 9/25/2024 amounting to 0.629 AUD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Suncorp Group pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of Suncorp Group in the year 2023?

In the year 2023, Suncorp Group distributed 0.857 AUD as dividends.

In which currency does Suncorp Group pay out the dividend?

The dividends of Suncorp Group are distributed in AUD.

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Andere Kennzahlen von Suncorp Group

Our stock analysis for Suncorp Group 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 Suncorp Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.