MyState Ltd (ASX:MYS)

Half Year 2026 MyState Ltd Earnings Call Transcript

Feb 19, 2026 / 12:00 AM GMT

Release Date Price: A$4.8 (+0.42%)

Transcript

Key Points

Positve

MyState Ltd (ASX:MYS) reported double-digit profit growth, with underlying NPA up 18.4% on a reported basis.
The equipment finance business grew by 64%, contributing significantly to the group's underlying impact.
Successful integration of retail banks led to annualized run rate synergies of $10.4 million, slightly above previous guidance.
The company declared an interim dividend of $0.12 per share, fully franked, up from previous periods.
The net promoter score, a measure of customer advocacy, increased by 11 points to +65.

Negative

The Auswide home loan portfolio contracted by 4% over the half due to prioritization of equipment finance.
Total operating expenses increased, primarily due to the addition of AusWide.
The cost to income ratio improved only slightly, indicating ongoing cost management challenges.
The home loan book growth was relatively flat, with only a 0.4% increase to $12.9 billion.
There is a need to balance capital allocation between the high-return equipment finance business and the home loan book.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MYS.AX - MyState Ltd
Half Year 2026 MyState Ltd Earnings Call
Feb 20, 2026 / 12:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by and welcome to the MyState Limited Half Year 26 results conference call. All participants are in a listenonly mode. There'll be a presentation followed by a question-and-answer session. If you would like to ask a question, you'll need to press the star key, followed by the number 1 on your telephone keypad. I would now like to hand the conference over to Mr. Brett Morgan, Chief Executive Officer. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Yeah thanks Darcy, and good morning everyone and thanks for joining us for our interim interim 2026 results

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.