Latest Banking News

Summerset Group Holdings Limited has confirmed an ordinary dividend of NZD 0.113 per security for the half-year ending December 2025, alongside key updates to its Dividend Reinvestment Plan pricing and Australian dollar exchange rate.

FSA Group Limited has priced its second asset-backed securities deal, raising $300 million secured by automobile and equipment receivables. The transaction, arranged by National Australia Bank, signals growing momentum in the company's securitisation strategy.

Resimac Group has successfully settled a A$1 billion non-conforming residential mortgage backed securities transaction, marking its second such bond issuance this year. The deal attracted strong domestic and offshore investor interest, reinforcing Resimac’s diversified funding strategy.

Leo Lithium has announced a significant $330 million return to shareholders in 2025, following the termination of its asset acquisition strategy and a decision to monetise remaining assets.

Stakk Limited has secured a pivotal two-year agreement to provide embedded finance technology for Robinhood’s new banking service, marking a significant milestone for both fintech players.

360 Capital Mortgage REIT (ASX, TCF) has initiated a non-renounceable 1-for-1 entitlement offer priced at $5.94 per unit, aiming to raise approximately $45.2 million to fund new loan investments and expand its portfolio.

Qantas Airways has updated its dividend announcement for the six months ending June 2025, confirming a fully franked total dividend of AUD 0.264 per share with clarified currency payment arrangements for New Zealand shareholders.

National Australia Bank Limited announces a fully franked distribution of AUD 1.1095 per NAB Capital Note 7, reflecting a 4.45% annualised rate for the upcoming quarter.

Mayfield Childcare Limited has responded to ASX concerns over its half-year financial report, addressing a qualified auditor’s opinion linked to related party disclosures while confirming its financial health and ongoing ASX listing.

Coles Group Limited has updated its dividend distribution details, confirming a fully franked ordinary dividend of 32 cents per share for FY2025 and revising the Dividend Reinvestment Plan price to AUD 23.83220.

Ovanti Limited intensifies its pursuit of a NASDAQ dual-listing or SPAC transaction, engaging multiple SPACs and restructuring its advisory agreement to unlock significant shareholder value.

Commonwealth Bank of Australia announces a fully franked quarterly distribution of AUD 1.1484 per security on its PERLS XVI hybrid notes, reflecting a 4.6% annualised yield.