BS, cost of funds is higher for small lenders.
Compliance costs as a % of expenses is much higher for small lenders.
They have their place and they may grow but they won't ever exceed 20% of the market which is roughly what they had pre GFC when there was a run to safety.
Likely drop-off post-dividend record date, page-32
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Last
$27.96 |
Change
0.310(1.12%) |
Mkt cap ! $84.31B | |||
| Open | High | Low | Value | Volume |
| $27.97 | $28.20 | $27.89 | $92.70M | 3.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 397 | $27.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.96 | 826 | 1 |
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| ANZ (ASX) Chart |