Financial Stocks

Down 88% in a year, what’s dragging Zip (ASX:ZIP) shares down?

 Down 88% in a year, what’s dragging Zip (ASX:ZIP) shares down?

Today (05 October), Zip Co td (ASX:ZIP) were moving up following the broader market movement.

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

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

  • April 28, 2022 06:55 PM AEST | Ritwika

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...

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Harmoney (ASX:HMY) books record quarter loan originations

Harmoney (ASX:HMY) books record quarter loan originations

  • April 27, 2022 04:25 PM 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...

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

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...

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

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

  • April 27, 2022 11:14 AM AEST | Ashish

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...

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

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

  • April 26, 2022 06:31 PM AEST | Aayush

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 ...

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

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

  • April 26, 2022 12:49 PM AEST | Ritwika

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 ...

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MoneyMe (ASX:MME) shares gain on quarterly update

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...

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Perpetual’s (ASX:PPT) shares end higher as FUA crosses A$1 trillion mark 

Perpetual’s (ASX:PPT) shares end higher as FUA crosses A$1 trillion mark 

Highlights Perpetual exceeds its AU$1 trillion funds under administration milestone for the first time. Perpetual Australia Management International has reported over AU$1billion in net inflows in one year as of 31 March 2022. Perpetual reaffi...

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Zip (ASX:Z1P) shares gain on robust 3QFY22 results

Zip (ASX:Z1P) shares gain on robust 3QFY22 results

Highlights Zip reported an increase of 39% (YoY) in its group revenue to AU$159.2 million in 3QFY2022. Zip has an AU$303.4 million in cash and liquidity on hand currently. Zip Co Limited (ASX:Z1P) has shared its third-quarter results today...

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NAB, WBC, ANZ, MQG: How are these ASX banking shares performing today?

NAB, WBC, ANZ, MQG: How are these ASX banking shares performing today?

  • April 21, 2022 12:57 PM AEST | Ashish

Highlights The ASX 200 opened on a positive note on Thursday. At 11:30 AM (AEST), the ASX 200 Financial sector (ASX:XFJ) was trading 0.98% higher at 6,937.40 points. The ASX 200 opened on a positive on Thursday despite a mixed over...

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