CBA, NAB, WBC & ANZ - How big four banks performed after RBA’s rate hike

Highlights On Tuesday, the RBA announced a 25-basis-point increase in interest rates to 35 basis points. Banking stocks witnessed increased volatility right after the interest rate hike decision. Changes in interest rates should be taken into ...

Will RBA rate hike inflict pain on ASX BNPL stocks?

Highlights The Reserve Bank of Australia (RBA) is slated to meet for a cash rate meeting this afternoon. Majority of economists forecast an interest rate hike. A rate hike may have an impact on the ASX-listed BNPL stocks. All ...

Why is National Australia Bank (ASX:NAB) in news today?

Highlights NAB entered into an enforcement undertaking with the AUSTRAC today. NAB promises to improve its anti-money laundering program, system and control. Final report needs to be presented to AUSTRAC by 31 March 2025 by an external auditor...

AMP Limited (ASX:AMP) signs deal with DigitalBridge, ends strong

Highlights AMP Limited has agreed to sell its Collimate Capital business to DigitalBridge. The total value of the agreement is approximately AU$699 million. The transaction is expected to be completed within the fourth quarter of FY22. Th...

Harmoney (ASX:HMY) books record quarter loan originations

  • Apr 27, 2022 AEST
  • Samta

Highlights Harmoney shares are gaining attention on solid quarter results. Group loan book increased 13% on QoQ basis at NZ$627 million for the third quarter. The Group reaffirmed its FY22 guidance and expects Group pro-forma loan book greater...

Payright’s (ASX:PYR) gross receivables jump to AU$97.2M in FY22

Highlights Payright witnessed a 59% rise in its gross receivables during the third quarter if FY2022. Total consumers climbed by 50% to 71.3k, while total merchant stores rose by 21% to 3,778 as compared to the previous corresponding period. G...

Plenti (ASX:PLT) doubles loan book; how are shares performing?

Highlights Plenti Group on Wednesday provided a trading update for the quarter ended 31 March 2022. Plenti has seen record loan originations in the March quarter. Plenti also said that it plans to release its full-year results on...

CBA, NAB, WBC & ANZ - How big four banks have fared today

Highlights The ASX 200 Banks index (ASX:XBK) has closed with a cut of 0.82% at 2,801.5 on 26 April 2022. All big four banks have closed negative for the day. The Australian market has had a bad start to the week. In the midst of a selling ...

EML Payments’ (ASX:EML) shares tumble after reduced profit guidance

Highlights EML Payments lowered its profit guidance after facing operational challenges in Europe.  The company signed 23 new contracts in FY22 third quarter.  The shares of EML Payments Limited (ASX:EML) traded 35.424% lower at ...

MoneyMe (ASX:MME) shares gain on quarterly update

Highlights MoneyMe has marked 141% rise in group’s revenue in third quarter of 2022. It has reported 398% increase on in the gross customer receivables. On 15 March 2022, MoneyMe completed the acquisition of SocietyOne. Shares of Mo...