Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Auswide Bank Ltd. ( (AU:ABA) ) has provided an update.
The Federal Treasurer has approved the proposed merger between MyState Limited and Auswide Bank Limited, marking a significant step in their strategy to create a stronger regional bank. This merger, still subject to shareholder and court approval, is expected to offer substantial benefits to customers and shareholders, with MyState’s CEO Brett Morgan and Auswide’s Chair Sandra Birkensleigh set to lead the merged entity.
More about Auswide Bank Ltd.
MyState Limited is an ASX-listed non-operating holding company that oversees a diversified financial services group, including MyState Bank and TPT Wealth. MyState Bank is regulated by the Australian Prudential Regulatory Authority and, along with TPT Wealth, holds Australian Financial Services Licences issued by the Australian Securities and Investments Commission.
YTD Price Performance: 0.21%
Average Trading Volume: 54,479
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$251.1M
For an in-depth examination of ABA stock, go to TipRanks’ Stock Analysis page.
