FY21 Results
FY21
$24.155m
FY20
CHANGE
$18.504m
Loan Book¹
$3.593b
Net Interest Revenue
$78.161m
Net Interest Margin (NIM) (bps)
200bps
Final dividend per share (fully franked)
21.0c
Total dividend per share (fully franked)
40.0c
EPS (cents)
56.7c
43.8c
RONTA²
12.1%
9.7%
Cost to Income Ratio
60.1%
Capital Adequacy Ratio
13.31%
Deposits
$2.933b
$2.620b
↑ 30.5%
$3.266b ↑ $327m
$70.516m ↑ 10.8%
197bps ↑ 3bps
10.75c ↑ 10.25c
27.75c ↑ 12.25c
↑
↑ 2.4%
62.5% ↓ 2.4%
12.95% ↑ 0.36%
$313m
Financial overview
Strong NPAT result reflecting above system loan book growth, NIM expansion and ongoing cost discipline
NPAT (Consolidated)
> NPAT of $24.155m, up 30.5% reflects strong growth in net
interest revenue and ongoing cost discipline (CIR of 60.1%
vs 62.5% in FY20)
> Net interest revenue of $78.161m, up 10.8% due to profitable
loan book growth and increase in NIM
> Loan book growth of 10.0% was 3.2x system growth
> NIM of 200bps, up 3bps on FY20
12.9c
> Deposits up 11.9%; now 75.7% of funding (FY20: 74.5%)
> Strong balance sheet, capital adequacy ratio of 13.31%
> RONTA of 12.1% exceeds strategic target of 10.0%
1. Including Investments in Managed Investment Schemes (MISS) reported in Financial Assets in Balance Sheet
2. Return on Net Tangible Assets (equivalent to Return on Tangible Equity (ROTE))
> Final dividend of 21.0cps reflects strong financial results and
prudent payout ratio of 70.9%
INVESTOR PRESENTATION | FY21 Results - 27 August 2021
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