MyState Ltd
MYS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %.C | LOCK|B$^ | LOCK|H#V$&v |
MyState: Cost Savings Are Key to Value Creation in Auswide Merger
The federal treasurer approved the merger between MyState and Auswide Bank on Jan. 24, 2025. The final key hurdle is Auswide shareholder approval. Combined, the Tasmania- and Queensland-based retail banks will have a still-small 0.45% share of Australian home loans.
