Aug 7 (Reuters) - Suncorp Group Ltd (SUN) :
- PROJECT SLATE WILL BE INCREASED FROM $180M IN FY19 TO $260M IN FY20
- SUNCORP SEES FY20 REGULATORY PROJECT COSTS OF $155M TO ADDRESS ROYAL COMMISSION RECOMMENDATIONS, APRA SELF-ASSESSMENT ACTIONS, AMONG OTHERS
- NEW ZEALAND’S STRONG PERFORMANCE WILL CONTINUE INTO FY20 HOWEVER GROWTH IS EXPECTED TO RETURN TO LOWER SINGLE-DIGIT LEVELS
- ANNUAL REGULATORY PROJECT COSTS EXPECTED TO PEAK IN FY20 AND DECLINE TO APPROXIMATELY $100M IN FY21
- WILL BE DIFFICULT TO ACHIEVE AN ROE TARGET OF 10% IN FY20
- LOWER RUNNING YIELDS DUE TO LOWER RISK-FREE RATES, CREDIT SPREADS WITH ABSENCE OF MARK-TO-MARKET GAINS, LIKELY TO IMPACT INSURANCE RESULTS
- BANKING & WEALTH DIVISION NIM EXPECTED TO REMAIN UNDER PRESSURE IN MEDIUM DESPITE WHOLESALE FUNDING COSTS STARTING TO EASE
- INCREASE IN NATURAL HAZARD ALLOWANCE & COST OF STOP LOSS COVER TO IMPACT ABILITY TO ACHIEVE TARGET OF AT LEAST 12% UNDERLYING ITR IN FY20
Aug 7 (Reuters) - Suncorp Group Ltd (SUN) : PROJECT SLATE WILL...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$20.48 |
Change
0.170(0.84%) |
Mkt cap ! $22.17B | |||
| Open | High | Low | Value | Volume |
| $20.31 | $20.50 | $20.28 | $23.84M | 1.166M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5387 | $20.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.50 | 4832 | 5 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| SUN (ASX) Chart |