MyState Ltd
MYS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|th | LOCK|Q%C | LOCK|#J#Z#S% |
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.
