MyState ltd is a Tasmania headquartered financial services group comprising primarily of its banking business MyState Bank (85% of group revenue). is a provider of banking, trustee and wealth management services to customers across the country through its retail brands - MyState Bank and Tasmanian Perpetual Trustees.
Its core profit margin is dependant on its home and personal loans, and its manoeuvrability gives it an edge against the larger banking business.
A diversified financial services group listed on the ASX and provides consistent dividends with good leverage as a smaller player in the banking space. Want to see other interesting ASX Banking and Finance stocks?
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