ASX:SUN

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ASX:SUN

Suncorp shareholders to vote on $4.9 billion bank sale proceeds

19 Sep 2024 - Shareholders in Suncorp (ASX:SUN) will soon vote on a massive multi-million dollar pre-Christmas present—the sale of their bank to ANZ for $4.9 billion. However, the …

Suncorp predicts slower premium growth

19 Aug 2024 - Australian insurer Suncorp (ASX:SUN) has forecast a slowdown in premium income growth for the current financial year, a development that may disappoint some investors…

ANZ's acquisition of Suncorp's banking arm approved by Federal Treasurer

27 Jun 2024 - Federal Treasurer Jim Chalmers has approved ANZ's (ASX:ANZ) purchase of Suncorp’s (ASX:SUN) banking arm for $4.9 billion.

Suncorp's investment earnings soar

26 Feb 2024 - Like its rivals QBE and IAG, Suncorp, the owner of a slew of insurance brands led by AAMI, saw its December half-year results bolstered by a sharp rise in premiums an…

Analysis of Suncorp Group and Goodman Group

21 Feb 2024 - Fund Manager Chris Pedersen discusses global markets, Suncorp Group and Goodman Group.

ANZ granted approval to acquire Suncorp's bank

20 Feb 2024 - ANZ (ASX:ANZ) has been allowed to purchase Suncorp’s predominantly Queensland-based bank for $4.9 billion after the Australian Competition Tribunal overturned the ACC…

Suncorp's strong performance and dividend increase

09 Aug 2023 - Shareholders in Suncorp (ASX:SUN) will receive an augmented final dividend of 27 cents per share, following the insurer/banking group's survival through another chall…

ASX closes 0.32% down representing its lowest point in two weeks

27 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.32 per cent lower at 7,292.70. The market experienced broad losses due to concerns over a possible recession and issues wit…

SUN is shining, though weather not so sweet

09 Feb 2023 - Higher premiums, a timely release of $150 million in reserves and improved returns from investments saw Brisbane-based Suncorp’s (ASX:SUN) net profit jump 44% to $560…

ANZ starts the Suncorp spin cycle

10 Jan 2023 - ANZ has kicked off its marketing campaign to win support for its potentially competition-limiting acquisition of Suncorp Bank with an obviously well-briefed pro-deal …

Bridge Street Bites: SUN, SCG

11 Nov 2022 - Suncorp Group (ASX:SUN) has reaffirmed its main 2022-23 guidance targets and says the big unknown, the sale of its regional bank, remains on track.

Climate change no chump change for insurers

15 Aug 2022 - Climate change played a key role in the heavy rain and floods in southeast Queensland and along the NSW coast earlier this year which ended up being the world’s most …

SUN's upbeat talk eclipsed by earnings, payout cut

09 Aug 2022 - Suncorp has slashed its payout to shareholders after reporting a sharp fall in earnings for the 2021-22 financial year.

ASX trading lower, energy stocks surge as tech weighs

19 Jul 2022 - The ASX is trading lower this morning with most sectors lower led by tech, down 1.39 per cent. The best-performing sector is Energy, up 2.87 per cent.

Stocks of the Hour: Whitehaven Coal, ANZ Banking Group

18 Jul 2022 - A snapshot of the stocks on the move, featuring Whitehaven Coal and ANZ Banking Group.

ANZ off chasing the SUN

18 Jul 2022 - ANZ Bank has confirmed that it proposes to buy Suncorp’s banking business for $4.9 billion and will ask its shareholders to cough up $3.5 billion via a one for 15 ful…

Suncorp (ASX:SUN) posts general insurance and FY23 program update

04 July 2022 - Suncorp (ASX:SUN) has provided an update on the weather impacting NSW and parts of South-East Queensland, as well as confirming natural hazard costs in the 2022 fina…

Is it time to buy CBA shares?

27 Jun 2022 - Fairmont Equities Managing Director Michael Gable takes a technical look at Commonwealth Bank of Australia (ASX:CBA), Lake Resources NL (ASX:LKE), Suncorp Group (ASX:…

Tech leads broad decline: ASX falls for 4th day, closes 1.3% lower

15 Jun 2022 - The Australian sharemarket closed lower for its fourth consecutive session after shares fell further in the afternoon trade, with all eyes on tonight’s interest rate …

Nasdaq gains, QBE, Bubs, CSL, Whitehaven Coal, IGO on watch: ASX to open flat

07 Jun 2022 - Cautious rally on Wall St after investors initially piled back into stocks on optimism that Covid-19 restrictions continue to ease in China. What stocks to watch toda…

Inflation spooks Wall St, Oil & iron ore $ slide, Pendal, Lendlease, Ramsay on watch: ASX to dive

10 May 2022 - Global benchmarks continue to tumble with several cross currents weighing on investor's minds. After China's President on Friday recommitted to the zero-Covid19 strat…

Tech rout deepens as interest rate jitters spook ASX, closing 0.6% lower

07 Apr 2022 - Spooked investors booked their profits on fears of the impact from an aggressive interest rate hiking cycle after a weak lead from Wall St. Technology titans left the…

Ardent shares' endless fun at Main Event, Virtus trading halt, Magellan surge: ASX down 0.4% at noon

07 Apr 2022 - Australia’s tech players continue to fall for its second straight day as uncertainties on unresolved headwinds with inflation, the path forward with interest rate hik…

Stocks of the Hour: Suncorp, Centuria Capital & Auckland Airport

16 Mar 2022 - A snapshot of the stocks on the move featuring Suncorp (ASX:SUN), Centuria Capital (ASX:CNI) & Auckland Airport (ASX:AIA).

Fire at Ukraine nuclear power plant burns Wall St lower: ASX to gain

07 Mar 2022 - Major indexes around the globe closed mixed as traders reacted to Russia's shelling & takeover of Europe’s largest nuclear power plant in Ukraine. Commodity prices co…