FY21 Results
FY21 Operational Highlights
Home loan growth at record highs supported by increased NIM
> Very strong result with growth across all key metrics including NPAT of $24.155m,
up 30.5% and net interest revenue of $78.161m, up 10.8%
> Achieved FY21 financial targets with above system loan book growth (3.2x), further
reduction of Cost to Income Ratio and Return on Net Tangible Assets above 10%
> Loan book growth of 10.0% driven by strong broker flows and Private Bank as Auswide
extends presence in SE Qld, NSW and Vic; lending quality maintained through robust
risk management; approvals exceeded $1b, a new high for the bank
> Cost to Income Ratio declined to 60.1% reflecting increasing revenue, careful cost
management, disciplined investment in online capabilities.
> 11.9% growth in customer deposits to $2.933b; continuing to transform funding mix,
reduce funding costs
> Strong capital position of 13.31% meets 'unquestionably strong' regulatory targets;
CET1 of 10.84%
From little
things, big
things grow!
INVESTOR PRESENTATION | FY21 Results - 27 August 2021 6View entire presentation