MyState (MYS.AX) Stock Price
MyState Price
Over the last 19 years MyState grew revenue by 13.6% annually, reaching 796.95 M AUD. Earnings per share have grown at 5.1% per year over the last 17 years. For MyState, the net margin of 7.1% is down versus 16.9% a few years ago. At today's price the dividend yield works out to roughly 5.68%. The payout ratio is around 141% of earnings. The dividend has grown at 4.1% per year over the past 17 years. The consensus 12-month price target for MyState is 5.08 AUD, about 4.1% above where the stock trades today. Of 5 analysts, 4 rate the stock a buy — an overall Buy consensus.
MyState stock price
MyState business model & stock analysis
Frequently asked questions about MyState
The business model of MyState Ltd, an Australian company, revolves around providing a range of banking, wealth management, and trustee services. MyState operates through two key divisions: Banking and Wealth Management & Trustees. Under the Banking division, the company offers a comprehensive range of retail banking products, including savings accounts, home loans, personal loans, and credit cards. The Wealth Management & Trustees division focuses on providing financial advice, investment management, and custodial services to individuals, businesses, and institutions. MyState is committed to delivering superior customer service, innovative financial solutions, and long-term value to its clients while maintaining a strong focus on risk management and compliance.
MyState Ltd is primarily active in the banking and financial services industry.
The main competitors of MyState Ltd in the market are other leading financial institutions in Australia, such as Commonwealth Bank, Westpac, Australia and New Zealand Banking Group, and National Australia Bank. These established banking institutions provide similar products and services to customers, creating healthy competition within the financial market. Despite facing competition from these industry giants, MyState Ltd has been able to position itself as a strong and reliable player in the market, offering competitive financial solutions and personalized customer service.
MyState Ltd is an Australian financial services group operating in banking, wealth management, and trustee services. Established in 2009, the company has a rich history serving customers with a range of financial solutions. MyState Ltd traces its roots back to 1876 when the Tasmanian Building and Investment Society was formed. Over the years, the company expanded its services and transformed into a full-fledged banking institution. Today, MyState Ltd continues to grow and provide innovative financial products and solutions to its customers. With a strong focus on customer satisfaction and a commitment to excellence, MyState Ltd has become a trusted name in the Australian financial sector.
Some significant milestones achieved by MyState Ltd include its establishment in 2000 as a diversified financial services company operating in banking, trustee, and wealth management sectors. In 2003, the company acquired TPT Wealth, strengthening its position in the wealth management industry. MyState expanded further by acquiring Mutual Trust in 2011, enabling it to offer a broader range of wealth management services. In 2014, MyState acquired The Rock Building Society, which enhanced its presence in the retail banking market. MyState Ltd has also been recognized with several industry awards for its exceptional customer service and product offerings.
MyState Ltd is primarily present in Australia.
MyState Ltd represents a strong set of values and a clear corporate philosophy. The company is committed to transparency, integrity, and delivering outstanding service to its customers. MyState focuses on building long-term relationships and providing innovative financial solutions tailored to the needs of individuals and businesses. With a dedication to excellence, MyState aims to create sustainable growth and maximize shareholder value. By embracing a customer-centric approach and embracing technology, MyState aims to be a leader in the financial industry. Through its commitment to its values and corporate philosophy, MyState Ltd strives to enhance the financial well-being of its customers and create a positive impact in the communities it serves.
Analysts currently set an average price target of 5.08 AUD for the MyState stock (median: 5.08 AUD), implying +4.1 % versus the latest price. The consensus is based on 5 analyst ratings.
5 analysts currently rate the MyState stock: 4 recommend buying, 1 holding and 0 selling.
Converted at the current exchange rate, the MyState share trades at 3.04 EUR (4.88 AUD).
The MyState share (MYS.AX) is listed on 1 stock exchanges, including: ASX (MYS.AX).
MyState Ltd was founded in Australia in 2009 and has since become an established financial company. The company has built an excellent reputation since its founding and offers a wide range of financial services and products. One of the important divisions of the company is the banking business, including deposit and credit products. MyState offers various cards, such as credit cards and debit cards. Customers can also open offshore accounts, allowing them to diversify their portfolios at an international level. These accounts are also advantageous in terms of tax reporting obligations. Another important business area of MyState is wealth management. In this division, MyState offers various financial planning and advisory services to assist customers in achieving their financial goals and desires. Wealth managers work closely with customers and develop individual investment strategies based on their specific requirements and aspirations. MyState also offers a variety of investment funds. Another important business area of MyState is insurance. The company offers various insurance products, including liability, household, and motor vehicle insurance. The insurances are developed in collaboration with partner companies. MyState also has a prominent presence in the mortgage business. The company offers various mortgages, including standard mortgages, fixed and variable rate mortgages, and home loans. The company also has involvement in other business areas, including investor relations, cash management, foreign exchange trading, and more. In 2020, MyState developed a digital offering to provide its customers with an enhanced online experience. By creating a simple and user-friendly online tool, customers can access and conduct transactions on their accounts anytime and anywhere. MyState has a strong presence in the Australian market, serving customers nationwide. The company recently announced its entry into the fixed rate market, further demonstrating its commitment to growth and innovation. Overall, MyState's business model is designed to offer a comprehensive package of financial services and products tailored to the needs and aspirations of customers. The company has built an excellent reputation and is known for its exceptional customer service and technological innovation. MyState is committed to providing customers with a high level of service and an optimized customer experience while meeting the needs and goals of each individual customer.
The revenue of MyState is 796.95 M AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of MyState is 56.19 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of MyState is currently 17.41. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MyState stock.
The price-to-sales ratio (P/S) of MyState is currently 1.23. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MyState stock.
The Eulerpool Quality Score for MyState is 7/10.
The ISIN of MyState is AU000000MYS0. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of MyState is A1CZMV. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of MyState is MYS.AX. The ticker symbol is used to trade MyState shares on the stock exchange.
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All fundamentals and in-depth analysis of MyState
Our stock analysis for MyState 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.