MyState Ltd
MYS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >.^ | LOCK|$Y% | LOCK|pFvC&dj |
MyState: Cost Savings Are the Key to Profit Growth
One step toward achieving up to AUD 25 million in pretax cost savings was MyState handing back the Auswide banking license to the Australian Prudential Regulation Authority. The Auswide brand and product offering aren't affected; its assets and liabilities were simply transferred to MyState.
