Investor Presentaiton
MyState
Sub Debt Issue | Investor Presentation 21
Limited
NPAT bridge
NPAT growth of 5.4%
Net interest income grew 9.1% on pcp off the back of a higher average balance sheet, falling.
funding costs and focused margin management
Disciplined management of costs while we continue to invest in marketing and digital
Net bad and doubtful debts charge reflects a small increase in late stage arrears
Arrears remain well below benchmarks for regional bank peers and major banks
Net profit after tax
20
19
$ Millions
18
17
A 16
15-
14-
13
12
14.4
11
10
0.1
14.3
1H19 Statutory Profit/loss after
NPAT
tax from
discontinued
operations
1H19 NPAT
from continuing
operations
4.0
0.4
0.4
1.9
1.0
00
0.4
15.1
Net interest
income
Other banking
income
Wealth
management
income
Operating
expenditure
Net bad and
doubtful debts
Income tax
expense
1H20 Statutory
NPATView entire presentation