SUN suncorp group limited

News: SUN Suncorp Group Says Total Lending Contracted 0.6% Over Sept Quarter

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    Nov 18 (Reuters) - Suncorp Group Ltd (SUN) :

    • TOTAL LENDING CONTRACTED 0.6% OVER SEPTEMBER QUARTER
    • EXPECTS THERE WILL BE ONGOING COMPETITIVE PRESSURE FOR HOME LOAN REFINANCING OPTIONS DURING SECOND HALF OF FY20.
    • GROUP EXPECTS TO INCREASE BANK'S CAPITAL TARGETS BY 25 BPS IN HY20 TO MEET APRA'S BENCHMARKS
    • NET STABLE FUNDING RATIO WAS 115.1% AS AT 30 SEPT & BANK'S CAPITAL POSITION REMAINS STRONG WITH CET1 RATIO OF 9.31%
 
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Last
$21.82
Change
0.280(1.30%)
Mkt cap ! $23.63B
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