Latest Banking News

Northern Star Resources reported solid March quarter results with strong cash flow and progress on its KCGM Mill Expansion, despite operational setbacks delaying grade uplift and prompting a downward revision of FY25 production guidance.

AKORA Resources has successfully renewed its main tenement PR10430 for the Bekisopa Iron Ore Project, marking a pivotal step under Madagascar’s updated Mining Code and reinforcing the project’s path to production.

Goodman Group reports a robust 8% increase in 1H25 operating profit to $1.22 billion and launches a $4 billion equity placement to fund its ambitious data centre growth strategy across global metro hubs.

National Australia Bank’s first quarter update reveals a modest 2% dip in cash earnings despite a 3% revenue increase, as credit impairment charges and expenses rise. The bank’s refreshed strategy and strong capital position set the stage for cautious optimism.

Cleanaway Waste Management Limited has announced a fully franked ordinary dividend of AUD 0.028 per share, payable on April 10, 2025, with a Dividend Reinvestment Plan available for shareholders.

Corporate Travel Management Limited has announced an unfranked dividend of AUD 0.10 per share for the six months ending December 31, 2024, payable on April 4, 2025.

Fletcher Building reported a challenging HY25 with a 7% revenue decline and a net loss of NZ$134 million, while executing a $700 million equity raise to strengthen its balance sheet and advancing significant cost reduction initiatives.

MyState Limited has finalized its merger with Auswide Bank, positioning the combined entity for significant cost savings and earnings growth while maintaining strong capital and customer metrics.

MyState Limited has reported a stable underlying net profit of $17.5 million for the half-year, maintaining customer growth and a robust capital position as it prepares to merge with Auswide Bank.

Mystate Limited has announced a fully franked ordinary dividend of AUD 0.105 per share for the six months ending December 31, 2024, payable on March 21, 2025. The company’s Dividend Reinvestment Plan remains active, offering shareholders a discounted reinvestment option.

MyState Limited reported a modest revenue increase but an 8.9% decline in statutory profit for the half year ended December 2024, while declaring a fully franked interim dividend. The company is set to complete a transformative merger with Auswide Bank, aiming for earnings accretion from FY26.

Bendigo and Adelaide Bank clarifies a modest 5.8% variance in half-year cash earnings against market forecasts, confirming no material surprise and compliance with ASX disclosure rules.