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Auswide Bank Announces Strong Growth Delivered

Auswide Bank Limited (ASX:ABA) has reported strong growth in all key financial metrics for the 2017/18 financial year based on a disciplined approach to net interest margin, loan book growth and expense management.

Auswide maintains the strongest capital position in the listed banking sector, providing significant capital headroom for continued growth.

Highlights

- Statutory NPAT up by 18.1% to $17.9m
- NIM up by 3bps to 1.93%
- Loan Book growth of 5.0% to $2.911b
- Capital Adequacy Ratio increased to 14.89%
- Statutory EPS up by 5.5 cents per share to 42.8 cents per share
- Final dividend up 1c to 18c per share.


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