Business news

    Auswide Bank (ASX:ABA) profit climbs

    Article Image

    Auswide Bank has reported a statutory net profit after tax of $26.1 million for FY22, up 8.2% on the prior year.

    The company said it has continued to build momentum in the face of a volatile macroeconomic environment.

    ?We have a strong focus on improving the cost per loan in a highly competitive market and are well placed to continue our profitable growth agenda?, said Managing Director Martin Barrett.

    Auswide declared a final fully franked dividend of 21? a share, unchanged from the year prior.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa