Australia's MyState falls on disappointing FY22 results

MyState

15/08/2022 05:30

** Shares of banking services co MyState Ltd  MYS.AX  fall
as much as 2.11% to A$4.65
    ** MYS says FY22 profit attributable A$32.0 mln vs A$36.3
mln, down 11.9%  urn:newsml:reuters.com:*:nASX51B0vT
    ** Average Net Interest Margin (NIM) decreased by 29 bps to
1.67% on pcp
    ** Total capital ratio decreased to 12.41% at 30 June
2022 and Common Equity Tier 1 ratio decreased to
10.53%- co
    ** Group also declared a final dividend of 11.5 AU cents/
security for year, down from the 13 AU cents/ security final
dividend announced for FY21
    ** More than 116,000 shares change hands, compared with the
30-day average volume of about 46,700 shares
    ** Stock down 6.3% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))