Commenting on the results Martin Barrett said, " our continued focus on strengthening the business is sustaining improving operating performance and organic growth.
We also made significant step changes in our re-positioning of Auswide Bank with the recommended merger with Your Credit Union as a platform to expand our south-east Queensland presence and the equity stake in peer to peer lender, Money Place."
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Details | H1 2015-16 | H1 2014-15 | Change |
Net interest revenue ($m) | 26.542 | 25.856 | 2.65% |
Consolidated underlying NPAT ($m) | 6.782 | 6.495 | 4.40% |
Consolidated statutory NPAT | 6.063 | 6.495 | -6.67% |
Earnings per share (cents) | 16.36 | 17.74 | (1.38c) |
Underlying cash EPS ( cents) | 14 | 14 | - |
Net Interest margin ( basis points) | 183 | 181 | 2bps |