Financial Stocks

Zip Co (ASX:ZIP) shares grabbed investors’ attention today, here’s why

 Zip Co (ASX:ZIP) shares grabbed investors’ attention today, here’s why

Zip Co shares traded 4.301% lower at AU$0.445 per share on ASX at 4:00 PM AEST today. The S&P/ASX 200 Information Technology (Sector) XIJ closed 1.523% higher at 1292.700 points on Thursday (23 June).

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Humm Group (ASX:HUM) reports volume growth across business in Q3-22

Humm Group (ASX:HUM) reports volume growth across business in Q3-22

Diversified finance and BNPL services provider, Humm Group Limited (ASX:HUM) announced its Q3-22 unaudited financial statements on the ASX today (4 May). As per the announcement, hummgroup has achieved a volume growth of 31% on the prior correspo...

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ANZ(ASX:ANZ) boosts cash profit in first half; how are shares faring?

ANZ(ASX:ANZ) boosts cash profit in first half; how are shares faring?

  • May 04, 2022 11:03 AM AEST
  • Ashish

Highlights ANZ reported a 4% (year-on-year) rise in 1H cash profit from continuing operations. However, cash profit was down 3% on the second half of FY2021. ANZ’s board also declared an interim dividend of 72 cents per share f...

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Why is Magellan (ASX:MFG) in news today?

Why is Magellan (ASX:MFG) in news today?

  • May 03, 2022 06:59 PM AEST
  • Ritwika

 Highlights It’s the happy hour for Magellan shareholders as they can finally know who is running the show.  As a result, investors finally show interest in trading Magellan on the ASX now.  Magellan closed in green today ...

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

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

  • May 03, 2022 05:58 PM AEST
  • Aayush

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 ...

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Will RBA rate hike inflict pain on ASX BNPL stocks?

Will RBA rate hike inflict pain on ASX BNPL stocks?

  • May 03, 2022 02:39 PM AEST
  • Ashish

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 ...

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

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...

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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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