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Suncorp Group Stock

Suncorp Group ROA 2024

Suncorp Group ROA

0.01

Ticker

SUN.AX

ISIN

AU000000SUN6

WKN

886254

In 2024, Suncorp Group's return on assets (ROA) was 0.01, a 67.38% increase from the 0.01 ROA in the previous year.

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.

ROA Details

Understanding Suncorp Group's Return on Assets (ROA)

Suncorp Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Suncorp Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Suncorp Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Suncorp Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Suncorp Group stock

What is the Return on Assets (ROA) of Suncorp Group this year?

The Return on Assets (ROA) of Suncorp Group is 0.01 undefined this year.

What was the ROA of Suncorp Group compared to the previous year?

The ROA of Suncorp Group has increased by 67.38% compared to the previous year.

What consequences do high ROA have for investors of Suncorp Group?

A high ROA is advantageous for investors of Suncorp Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Suncorp Group?

A low ROA can be unfavorable for investors of Suncorp Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Suncorp Group affect the company?

An increase in ROA of Suncorp Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Suncorp Group impact the company?

A reduction in the ROA of Suncorp Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Suncorp Group?

Some factors that can influence the ROA of Suncorp Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Suncorp Group important for investors?

The ROA of Suncorp Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Suncorp Group take to improve ROA?

To improve ROA, Suncorp Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 6.09 %. 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 6.09 %.

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 6.09 %.

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.