Media speculation is that Mark Bouris’ Yellow Brick Road (ASX:YBR) may be looking to merge with Homeloans Limited (ASX:HOM) to drive its growth as a mortgage broker.
This would also drive profitability given that Homeloans – a $62 million market cap – generated $6.2 million in after-tax profit in 2014.
Homeloans is backed by National Australia Bank (ASX:NAB) and Macquarie Group (ASX:MQG).
The transaction with Homeloans is believed to be just one of the deals Yellow Brick Road is working on to drive its growth as a mortgage broker.
Macquarie already owns an 18.4% stake in Yellow Brick Road.
Both Yellow Brick Road and Homeloans have released announcements to the Australian Securities Exchange that neither deny nor confirm the speculation.
News: Yellow Brick Road eyes fast track to mortgage broker growth
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Last
$44.07 |
Change
0.280(0.64%) |
Mkt cap ! $134.8B | |||
| Open | High | Low | Value | Volume |
| $43.89 | $44.09 | $43.64 | $77.42M | 1.761M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2414 | $44.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.07 | 247 | 3 |
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| Last trade - 13.04pm 16/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |