MyState Ltd
MYS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| M.s | LOCK|DK | LOCK|lJN!nJ |
MyState Earnings: Disappointing Loan Growth, but Relief That Margins Held Up
MyState's first-half fiscal 2025 profit was flat at AUD 17.5 million, supported by a release of loan impairment provisions. Profit before loan impairments fell 6%, with operating expenses growing much faster than revenue. This excludes costs for the Auswide Bank merger, which is effective today.
