ABA 0.48% $4.18 auswide bank ltd

Ann: Auswide Bank (ABA) Investor Presentation, page-21

  1. 20,858 Posts.
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    Look at the earnings & dividend drops YoY at the half year, it tells the story.
    Regional banks have had their margins squeezed by stronger competiton & higher finance costs, to the extent they stopped competing at one point & withdrew from the market.

    Broker forecasts suggest earnings won't recover back to LY levels for over 2 years+.
 
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