Financial
NAB (ASX:NAB) Shares Plunge 7% After Disappointing Quarterly Update
February 19, 2025 12:10 PM AEDT| By Team Kalkine MediaHighlights,Shares dropped over 7% to AU$36.45 following the release of its first-quarter update.,Revenue increased 3%, but cash earnings fell 2% due to higher expenses and impairment charges.,Net interest margin (NIM) declined amid funding cost press...
Goodman Group Halts Trading Amid Strong Half-Year Results and $4.4B Capital Raise
February 19, 2025 12:08 PM AEDT| By Team Kalkine MediaHighlights,Operating profit surged 8%,to,$1.22 billion,, with,operating earnings per share (OEPS) up 7.8%,to 63.8 cents.,Announced a $4.4 billion capital raise,, including a,$4 billion institutional placement,and,$400 million share purchase plan,.,Ma...
Bendigo and Adelaide Bank's earnings for the first half of 2025 show an EPS of AU$0.38, compared to AU$0.50 in the first half of 2024.
February 19, 2025 11:32 AM AEDT| By Team Kalkine MediaHighlights,Revenue experiences a 6.2% increase compared to the previous year.,Net income sees a decline of 23% year-over-year.,Profit margin contracts significantly due to increased expenses.,Bendigo and Adelaide Bank (,ASX:BEN,) recently released it...
Is ASX:RMC Enduring a Steep Downturn?
February 19, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights:,Marked share value drop over a multi-year period.,Earnings per share experiencing severe downward movement.,Overall shareholder returns remain in negative territory.,Resimac Group Limited (ASX:RMC) operates within the financial services a...
RBA Delivers Long-Awaited Rate Cut, But More Reductions Remain Uncertain
February 19, 2025 11:26 AM AEDT| By Team Kalkine MediaHighlights,The Reserve Bank of Australia (RBA) cut interest rates for the first time in 13 months, but future reductions remain uncertain.,Governor Michele Bullock warns against expecting multiple cuts in 2025, despite market optimism.,The RBA mainta...
Is Australia's Financial Sector Adjusting to Recent Rate Changes?
February 18, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights,Reserve Bank's first rate cut in several years led to immediate sector adjustments.,Companies such as Star Entertainment Group (ASX:SGR) and HMC Capital (ASX:HMC) experienced notable stock movements.,Major banks, including Commonwealth Ban...
Is Commonwealth Bank Set for a Market Rebound Amid Rate Changes?
February 18, 2025 04:30 PM AEDT| By Team Kalkine MediaHighlights,Commonwealth Bank (ASX:CBA) navigates market fluctuations following recent rate adjustments.,AMP Limited (ASX:AMP) experiences mixed sentiment after reporting outcomes.,CSL Limited (ASX:CSL) continues to display a sideways trading pattern...
Judo Capital (ASX:JDO) Shares Surge After Impressive 70% Profit Boost
February 18, 2025 04:00 PM AEDT| By Team Kalkine MediaHighlights,Judo Capital (,ASX:JDO,) reports a 70% jump in first-half profit.,Shares see an 11.1% rise to $2.15, reflecting 80% growth in 12 months.,Analysts,optimistic,about continued growth with improved funding mix and lending margins.,Judo Capital...
ASX Slips as Banks and Energy Stocks Face Pressure Ahead of RBA Decision
February 18, 2025 03:59 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 declined 0.5% as investors braced for the RBA’s interest rate decision.,Banking and energy stocks saw notable declines, with (,ASX:CBA,) and (,ASX:WDS,) leading losses.,(,ASX:HMC,) surged 11.9% on strong asset growth, while (,ASX:H...
Bond Markets Signal July Rate Cut as RBA Eases Policy
February 18, 2025 03:56 PM AEDT| By Team Kalkine MediaHighlights,Traders,anticipate,another rate cut in July following,RBA’s,move.,Bond markets reflect strong expectations for further easing.,A,third rate,reduction is likely by year-end.,The bond market is increasingly factoring in the possibility of a...
Big Four Banks Ease Mortgage Pressure with Interest Rate Cuts
February 18, 2025 03:55 PM AEDT| By Team Kalkine MediaHighlights,Major Australian banks reduce mortgage rates following RBA’s move.,Rate cuts expected to provide financial relief for homeowners.,Borrowers with a $500,000 loan could save up to $1,080 annually.,Homeowners across Australia are set to benef...
RBA Takes a Cautious Approach on Rate Cuts While Banks Adjust Their Moves
February 18, 2025 03:42 PM AEDT| By Team Kalkine MediaHighlights,RBA,remains,cautious,on,future rate cuts despite lowering borrowing costs.,Inflation concerns persist, with global trends showing a slight resurgence.,Major banks react swiftly, but implementation of rate cuts varies.,The Reserve Bank of A...
Why Insurance Australia Group (ASX: IAG) Shares Are Down 2% on Ex-Dividend Day
February 18, 2025 02:44 PM AEDT| By Team Kalkine MediaHighlights,IAG shares dip 2% due to ex-dividend day, losing the 1H FY25 dividend.,Net profit after tax surges 91% to AUD778 million, driven by strong premiums and investments.,Interim dividend of 12 cents per share declared, marking a 20% increase fr...
Bell Financial (ASX: BFG) Reports Impressive 26% Profit Growth for Half-Year
February 18, 2025 02:33 PM AEDT| By Team Kalkine MediaHighlights,Bell Financial (BFG) achieved a 26% increase in,half,-year profit.,Funds under advice rose 7.5%, totaling $85.8 billion.,Strong growth,in recurring revenue streams supports long-term profitability.,Bell Financial Group (ASX: BFG) has repor...
What’s Behind the 13% Surge in Judo Capital Holdings (ASX: JDO) Share Price?
February 18, 2025 02:05 PM AEDT| By Team Kalkine MediaHighlights,Judo Capital’s share price up 13% to AUD2.20 after impressive earnings report.,Underlying profit before tax grows 33%, while statutory NPAT increases by 70%.,Record AUD2.3 billion in new lending achieved, doubling sector growth.,Judo Capit...
Commonwealth Bank of Australia (ASX:CBA) Reports Strong Half-Year Performance in 2025
February 18, 2025 01:31 PM AEDT| By Team Kalkine MediaCommonwealth Bank of Australia's Impressive First Half 2025 Results
Computershare Limited (ASX:CPU) Stock Surges 25% as Investor Sentiment Improves Beyond Expectations
February 18, 2025 01:31 PM AEDT| By Team Kalkine MediaUnderstanding the Recent Surge in Computershare Limited's Shares
Insiders Breathe a Sigh of Relief After Selling QuickFee Following 13% Price Drop
February 18, 2025 01:30 PM AEDT| By Team Kalkine MediaHighlights:,Insider sales at QuickFee (ASX:QFE) amounting to AU$420k could indicate insider sentiment.,The company's recent market valuation drop does not reflect similar insider losses.,Insider ownership remains significant, suggesting alignment wit...
Judo Bank (ASX:JDO) Shares Surge on Margin Guidance Upgrade
February 18, 2025 01:27 PM AEDT| By Team Kalkine MediaHighlights,Judo Bank (JDO) raises its margin guidance after strong half-year results.,The bank,anticipates,an interest rate cut will enhance its competitive edge.,Shares surge 11% to $2.14, hitting their highest point since 2021.,Judo Bank (ASX:JDO)...
Humm Group's (ASX:HUM) Long-Term Struggles Continue Despite Recent Surge
February 18, 2025 12:20 PM AEDT| By Team Kalkine MediaHighlights,Humm Group's (,ASX:HUM,) stock has declined by 62% over the past five years.,The company's earnings have improved, but revenue contraction,remains,a concern.,Dividends have helped offset losses, but overall shareholder returns remain negat...
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