profit from every A$100 of sales.
A$0A$100
MyState
A$4.99+1.42% today
+15.2% in 1 year
1-year low A$4.191-year high A$5.09
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
0%20% a year
You pay A$24.19 for every A$1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What MyState sold, what it kept, and what it did with the cash.
Sales went from A$139 million in 2021 to A$151 million in 2024, with A$35.3 million of profit last year.
SalesProfit
MyState handed back more cash to shareholders than it generated last year.
A$22M
Free cash flow 2024A$11M
Bought back its own shares–
Paid as dividendsA$22M
Cash vs. debtA$160M vs. A$2.3B
MyState vs. similar companies
MyState grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| MyState | 24.2× · Fair price | ||
 China Merchants Bank | 7.8× · Cheap | ||
 DBS Group Holdings | 18.3× · Fair price | ||
 UniCredit | 11.6× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads MyState's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 139 | 138 | 159 | 151 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 36 | 32 | 39 | 35 | |
| – | 0.30 | 0.31 | 0.28 | |
| – | – | – | – | |
| – | – | – | – | |
| 26.2% | 23.2% | 24.2% | 23.4% |
Balance sheet
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 6,542 | 8,080 | 9,124 | 9,168 |
| Cash | 112 | 160 | 176 | 160 |
| Total debt | 1,163 | 1,300 | 1,922 | 2,251 |
| Total liabilities | 6,127 | 7,650 | 8,667 | 8,703 |
| 415 | 430 | 458 | 465 | |
| – | 106 | 125 | 124 | |
| – | – | – | – | |
| 8.8% | 7.4% | 8.4% | 7.6% |
Cash flow
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| – | – | – | – | |
| 5 | 5 | 5 | 12 | |
| -127 | -54 | -79 | 11 | |
| Dividends paid | 12 | 25 | 11 | 22 |
| – | – | – | – | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 24.2×
- –
- –
- 1.7×
- 5.7×
- 4.1%
- 2.6%
Profitability
- 23.4%
- –
- –
- –
- –
Growth
- +2.8%
- –
- –
- +12.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 20%of 866
Bottom 30%of 867
Bottom 28%of 926
2.6%of the share price, paid each year
On $1,000 invested$26a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
62.8% of its profit
Room to growStretchedMore than it earns: 209.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about MyState
Is MyState a good stock to buy?
A strong, very profitable business at a fair price. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the MyState AI analysis
What does MyState do?
MyState Limited, through its subsidiaries, provides banking, trustee, equipment finance, and managed fund products and services in Australia. It operates in three segments: MyState Bank, Auswide Bank, and Wealth Management Division. It is in Banks - Regional, based in Hobart, TAS, Australia.
Does MyState pay a dividend?
Yes. At today's price the dividend is 2.6% a year, about 63% of its yearly profit. In 2024 it paid out A$22.2 million in dividends.
Is MyState stock halal?
No. MyState does not pass our halal screen: its main business, banking, is not permitted. How we check
How has MyState stock done over the past year?
Up 15.2% over the past twelve months, to A$4.99. It traded between A$4.19 and A$5.09, close to its high.
Who are MyState's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with MyState's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.