Liberty Financial Group Ltd ( (AU:LFG) ) has issued an announcement.
Liberty Financial Group reported a 14% increase in underlying NPATA to $71.4 million and a 3% rise in average financial assets to $14.7 billion for the half-year ending December 2024. The company maintained a strong capital and liquidity position, raising $5.2 billion in new funding and maintaining a BBB stable outlook from Standard and Poor’s. LFG’s net interest margin remains competitive at 2.46%, and its return on equity stands at 12%, highlighting its robust market position despite economic challenges.
More about Liberty Financial Group Ltd
Liberty Group is a leading diversified finance company operating in Australia and New Zealand, offering services such as residential and commercial mortgages, motor vehicle finance, personal loans, business loans, broking services, general insurance, and investments. It has raised over $49 billion in global capital markets and has assisted more than 850,000 customers since 1997.
YTD Price Performance: 15.06%
Average Trading Volume: 26,454
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.16B
For detailed information about LFG stock, go to TipRanks’ Stock Analysis page.