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MyState’s Bold Merger Boosts Profit 17%, Declares 11c Dividend

10:41am on Tuesday 21st of October, 2025 AEDT Financial Services
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MyState’s Bold Merger Boosts Profit 17%, Declares 11c Dividend

10:41am on Tuesday 21st of October, 2025 AEDT
Key Points
  • 17% increase in underlying net profit after tax to $41.3 million
  • Home loan book expands 62% to $12.9 billion post-merger
  • Customer deposits surge 71%, total capital ratio improves to 17.5%
  • Integration on track with $20-25 million annual pre-tax synergies targeted
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