SUN suncorp group limited

If you want the banking business simply use the cash to buy ANZ....

  1. 5,502 Posts.
    lightbulb Created with Sketch. 1149
    If you want the banking business simply use the cash to buy ANZ. Banking is best in the big leagues, SUN is just sub scale like BOQ and BEN. Makes sense to demerge it and trade at a higher multiple as an insurance company (that’s better ran than IAG).

    We hold a little SUN. I’m happy with the move. Look forward to a capital return/special dividend.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$20.70
Change
0.095(0.46%)
Mkt cap ! $22.40B
Open High Low Value Volume
$20.53 $20.72 $20.43 $7.364M 356.9K

Buyers (Bids)

No. Vol. Price($)
12 953 $20.69
 

Sellers (Offers)

Price($) Vol. No.
$20.70 4625 25
View Market Depth
Last trade - 12.12pm 30/07/2025 (20 minute delay) ?
SUN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.