Brief: Auswide Bank Says Fy22 Net Interest Margin Of 194Bps, Down 6Bps On Fy21
29/08/2022 02:35
Aug 29 (Reuters) - Auswide Bank ABA.AX :
* FY22 NET INTEREST MARGIN OF 194BPS, DOWN 6BPS ON FY21
* EXPERIENCED A STRONG START TO FY23
* RECORD LEVEL OF LOAN APPROVALS IN YEAR TO DATE IS EXPECTED
TO
DELIVER LOAN BOOK GROWTH OF 1.5X TO 2.0X SYSTEM ACROSS H1
* NIM IS SUPPORTED BY FUNDING AND PRICING MANAGEMENT AND IS
PROJECTED TO TREND UPWARDS IN Q1 OF FY23
* BOARD HAS RESOLVED TO UNDERWRITE DIVIDEND REINVESTMENT
PLAN FOR
FINAL DIVIDEND OF FY22
Source text for Eikon: ID:nASX8t0KTR
Further company coverage: ABA.AX
((Reuters.Briefs@thomsonreuters.com;))
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