Brief: MyState Sees FY24 Earnings Per Share Down 7.5% To 12.5% On FY23

MyState

15/12/2023 24:44

Dec 15 (Reuters) - MyState Ltd  MYS.AX :
    * CONSIDERED DECISION TO PRIORITISE MARGIN AHEAD OF GROWING
CO'S
LENDING BOOK AT MULTIPLES OF SYSTEM IN FY24
    * AVERAGE NIM FOR 1H24 IS PROJECTED TO BE IN RANGE 1.45% TO
1.49%
    * SEES FY24 EARNINGS PER SHARE DOWN 7.5% TO 12.5% ON FY23
    * SEES FY24 MYSTATE BANK COST TO INCOME RATIO: 64% TO 66%
    * SEES FY24 MYSTATE BANK LENDING GROWTH: >1.0X SYSTEM

Source text for Eikon:  ID:nASX3s2lNf 
Further company coverage:  MYS.AX 

 ((Reuters.Briefs@thomsonreuters.com;))