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.
Investment Summary
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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