Financial Stocks

Why Sezzle (ASX:SZL) expects US$40M in annualised revenue?

 Why Sezzle (ASX:SZL) expects US$40M in annualised revenue?

Shares of Sezzle dropped after the company shared a business update for August 2022.

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Westpac (ASX:WBC) shares up on merging super assets, selling Advance

Westpac (ASX:WBC) shares up on merging super assets, selling Advance

Highlights Westpac shares were trading in the green today. The shares of Westpac gained because of the update on its superannuation business. Westpac is selling its Advance asset management business and merging BT's personal and corporate supe...

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Suncorp (ASX:SUN) redeems capital notes worth AU$375M

Suncorp (ASX:SUN) redeems capital notes worth AU$375M

  • May 25, 2022 06:00 PM AEST | Ritwika

Highlights Suncorp shares traded in green on Wednesday on the news of capital notes redemption.  Suncorp has secured APRA approval for redeeming capital notes.  The redemption will take place on 17 June 2022.  The shares of...

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EarlyPay’s (ASX:EPY) latest AU$30M facility to fast-track product expansion

EarlyPay’s (ASX:EPY) latest AU$30M facility to fast-track product expansion

ASX-listed secured financing provider EarlyPay Ltd (ASX:EPY) serves SME businesses across invoice, trade and equipment finance. EarlyPay set off its journey as a small business dedicated to providing finance solutions for fellow small business own...

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Challenger reaffirms FY22 net profit guidance; how are shares faring?

Challenger reaffirms FY22 net profit guidance; how are shares faring?

  • May 24, 2022 10:49 AM AEST | Ashish

Highlights Challenger expects net profit to be near the upper end of the AU$430 million-U$480 million guidance range. Challenger said that it was now focussed on building a more diversified business. The company also said tha...

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Waiting for Macquarie’s next dividend? Here’s what you should know

Waiting for Macquarie’s next dividend? Here’s what you should know

  • May 13, 2022 09:12 PM AEST | Aayush

Highlights Macquarie Group has declared a final dividend of AU$3.5 per share for FY22. The record date for the final ordinary dividend is 17 May 2022. The dividend yield of MQG shares stands at a lucrative 4.15%. Macquarie Group Limited (...

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Why Magellan (ASX:MFG) shares closed 7% higher today?

Why Magellan (ASX:MFG) shares closed 7% higher today?

Highlights Shares of diversified financial company Magellan witnessed a strong rebound on Friday Magellan appoints new CEO and managing director. Magellan has maintained a strong history of dividend payment Shares of diversified financial...

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Zip (ASX:ZIP) shares ended over 5% higher today, here’s why

Zip (ASX:ZIP) shares ended over 5% higher today, here’s why

Highlights Zip shares closed 5.88% higher at AU$0.99 each today. While Zip did not provide investors with any price-sensitive information today, the most likely cause of the price hike could be broader tech sector improvement. The S&P/ASX ...

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CBA (ASX:CBA) posts steady Q3 cash profit; how are shares reacting?

CBA (ASX:CBA) posts steady Q3 cash profit; how are shares reacting?

  • May 12, 2022 10:53 AM AEST | Ashish

Highlights CBA’s Q3 cash profit was flat compared to its first-half quarterly average. CBA’s operating income declined 1% to AU$6.1 billion. The bank said that higher non-interest income helped it to offset continued marg...

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Money3 (ASX:MNY) launches AU$15M share buyback plan, shares gain

Money3 (ASX:MNY) launches AU$15M share buyback plan, shares gain

  • May 11, 2022 12:38 PM AEST | Ritwika

Highlights Money3 today launched its new capital management strategy- share buyback.  The strong financial health of Money3 supported the decision to invest in the company’s own shares.  Money3 began trading in green on the ASX...

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Pendal (ASX:PDL) posts 31% spike in revenue; how are shares responding?

Pendal (ASX:PDL) posts 31% spike in revenue; how are shares responding?

  • May 10, 2022 11:07 AM AEST | Ashish

Highlights Pendal Group reported a 31% rise in revenue to AU$362.6 million for the period ending 31 March 2022. Net profit after tax rose 8% from the first half of 2021 to AU$96.7 million. The company’s operating expenses surge...

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