Highlights

  • At its AGM presentation dated 20 October 2026, MyState Limited (ASX:MYS) reported underlying net profit after tax of AUD 58.3mn for FY26, up 41.2% against the previous.
  • The total Loan book was AUD 14.0bn, up 7.2% year on year, while customer deposits reached AUD 10.6bn, up 4.0%.
  • Management reported that higher-return businesses accounted for 11.3% of group profit in FY26 compared with 6% in FY25.

MyState Limited (ASX:MYS) operates in the Australian financial and investment-services market. The company’s latest reported development, released on 20 October 2026, concerns fy26 Earnings and dividends. The announcement includes company-specific financial and operating details.

FY26 Earnings and Dividends — 20 October 2026

At its AGM presentation dated 20 October 2026, MyState Limited (ASX:MYS) reported underlying net profit after tax of AUD 58.3mn for FY26, up 41.2% against the previous corresponding period. Statutory NPAT was AUD 56.2mn. Underlying Earnings Per Share rose 11.7% to 34.3 cents. A final Dividend of 12.5 cents per share was announced, 1.5 cents above the prior comparative period.

Loan Book and Deposits — 20 October 2026

The total loan book was AUD 14.0bn, up 7.2% year on year, while customer deposits reached AUD 10.6bn, up 4.0%. These balances describe different sides of the group’s lending and funding operations. They cannot be read as cash income or directly compared without considering the respective underlying financial-statement definitions.

Business Mix and Operating Priorities — 20 October 2026

Management reported that higher-return businesses accounted for 11.3% of group profit in FY26 compared with 6% in FY25. The presentation connected FY26 execution with expanding operating scale and the contribution of businesses outside traditional home lending. Its operating priorities included home lending, customer deposits, equipment-related businesses and Trustee services.

How Reported Profit Measures Differ — 20 October 2026

The AUD 58.3mn underlying NPAT excludes items specified in management’s adjustments; AUD 56.2mn statutory NPAT reflects the accounting result. Similarly, earnings-per-share movement differs from absolute profit growth because the share base and adjustments can vary. Reporting both amounts separately is important for accurately describing FY26.

Company Profile and Operating Model

MyState Limited (ASX:MYS) is an Australian financial-services group with lending, deposit-taking and related services. Its income is affected by loan balances, funding costs, net interest margins, Credit quality and contributions from associated service businesses. Its AGM presentation is an operational update rather than a new set of audited annual financial statements.

Risks and Catalysts to Watch

Credit losses, interest rates, funding competition, customer deposits, the pace of lending growth and integration of non-bank businesses remain relevant. A future update may provide further detail on earnings mix, net interest margins and the balance between loan growth and credit risk.

Key Takeaways

The 20 October 2026 release provides a defined set of operational and financial disclosures for MyState Limited (ASX:MYS). Its reported measures need to be read using their stated accounting basis and comparative dates. The relevant subsequent developments will be those published through future company filings, including actual outcomes for any proposals, forecast ranges or conditional transactions described in the original release.