Suncorp Group Limited (ASX: SUN)

Australia flag Australia · Delayed Price · Currency is AUD
18.70
-0.35 (-1.84%)
Dec 20, 2024, 4:10 PM AEST
35.90%
Market Cap 23.79B
Revenue (ttm) 13.15B
Net Income (ttm) 1.20B
Shares Out 1.27B
EPS (ttm) 0.94
PE Ratio 25.46
Forward PE 18.32
Dividend 0.78 (4.17%)
Ex-Dividend Date Aug 22, 2024
Volume 6,077,052
Open 18.98
Previous Close 19.05
Day's Range 18.59 - 19.00
52-Week Range 13.52 - 19.97
Beta 0.74
Analysts n/a
Price Target n/a
Earnings Date Nov 26, 2024

About Suncorp Group

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Consumer Insurance; Commercial and Personal Injury; and Suncorp New Zealand segments. The Consumer Insurance segment provides insurance products, including home and contents, motor, and boat insurance products. The Commercial and Personal Injury segment offers commercial motor, commercial property, marine, industrial special risks, public liability and professional i... [Read more]

Sector Financials
Founded 1902
Employees 10,500
Stock Exchange Australian Securities Exchange
Ticker Symbol SUN
Full Company Profile

Financial Performance

In 2024, Suncorp Group's revenue was 13.15 billion, an increase of 3.20% compared to the previous year's 12.74 billion. Earnings were 1.20 billion, an increase of 11.76%.

Financial Statements

News

ASIC slams insurers for gaping holes in complaints systems

“We are extremely disappointed with what we found here,” ASIC commissioner Alan Kirkland said, putting IAG, QBE and Suncorp on notice.

16 days ago - The Australian Financial Review

ANZ has a plan to break from the pack. It must pass these four tests

Chief executive Shayne Elliott has bet the bank’s next growth era on two big tech platforms and the Suncorp deal. But he needs to convince the market these moves are working.

6 weeks ago - The Australian Financial Review

Suncorp Group Ltd (SNMCY) (Q4 2024) Earnings Call Transcript Highlights: Strong Financial ...

Suncorp Group Ltd (SNMCY) (Q4 2024) Earnings Call Transcript Highlights: Strong Financial Performance Amidst Market Challenges

4 months ago - GuruFocus

Suncorp CEO discusses the impact of high interest rates on the company

Steve Johnston, Suncorp's group CEO, says the company has benefited from the Reserve Bank of Australia's high interest rates but adds that the "affordability and viability" of insurance will be a chal...

4 months ago - CNBC International TV

Suncorp CEO discusses the impact of high interest rates on the company

Steve Johnston, Suncorp's group CEO, says the company has benefited from the Reserve Bank of Australia's high interest rates but adds that the "affordability and viability" of insurance will be a chal...

4 months ago - CNBC

Suncorp says insurance premiums will continue to rise

The Queensland insurer said water damage from busted pipes is putting pressure on home insurance premiums even as global reinsurance rates stabilise.

4 months ago - The Australian Financial Review

ASX 200 LIVE: ASX to edge lower; Ampol, Suncorp results pending

Shares poised to slip at open; earning season ramps up; RBA meeting minutes due later this week. Follow here for more updates.

4 months ago - The Australian Financial Review

In the black and paying dividends, Barrenjoey finally hits its stride

The firm had been plagued by years of high start-up costs. Big deals for Guzman y Gomez and Suncorp, and a broader business, have turned its fortunes around.

4 months ago - The Australian Financial Review

ANZ knocks NAB off the home lending podium

ANZ is now the country’s third-biggest lender to households, boosted by the acquisition of Suncorp’s bank this week.

5 months ago - The Australian Financial Review

ANZ can finally get under the hood of Suncorp Bank

ANZ chief Shayne Elliott said the $4.9 billion deal, which formally completed on Wednesday, will allow it to “compete more effectively across the Australian market”.

5 months ago - The Australian Financial Review

Suncorp dumps Warren Buffett insurance-protection deal

The decade-long arrangement had split the risks and rewards of the insurer’s exposure to weather in Queensland, covering 30 per cent of its home policies.

6 months ago - The Australian Financial Review

ANZ boss says Suncorp ‘migration’ can avoid Westpac’s St George pain

Shayne Elliott insists he’s learnt from Westpac’s failure to integrate St George, while Suncorp’s Steve Johnston says he can now focus fully on insurance.

6 months ago - The Australian Financial Review

Treasurer approves ANZ takeover of Suncorp banking arm

Green light for merger comes with conditions including ban on closure of Queensland branches for three years Follow our Australia news live blog for latest updates Get our morning and afternoon news e...

6 months ago - The Guardian

Australia approves ANZ's $3.3 bln buyout of Suncorp Bank

Australia on Friday gave the go-ahead for ANZ Group's A$4.9 billion ($3.26 billion) buyout of Suncorp's banking business, clearing the deal to proceed after almost two years of scrutiny by financial r...

6 months ago - Reuters

Chalmers approves $4.9b ANZ’s Suncorp deal

The decision paves the way for the biggest merger in banking since Commonwealth Bank took out ailing Bankwest during the global financial crisis in 2008.

6 months ago - The Australian Financial Review

Chalmers the last holdout on $4.9b ANZ/Suncorp mega-merger

The federal treasurer, a Queenslander with close ties to the state government, has been considering the takeover of the Brisbane-based bank since April.

6 months ago - The Australian Financial Review

MSC Certane wins Suncorp mandate

MSC Certane has been appointed as trustee for Suncorp's latest note issue.

8 months ago - Financial Standard

Suncorp discovers stress-test flaws, files regulatory breach

The insurance-banking conglomerate says it is dealing with APRA about the problem but no penalty will be applied.

8 months ago - The Australian Financial Review

Suncorp’s bank suffers breach, customer funds stolen

The bank said it had restricted a “small number” of accounts that had been accessed and refunded money to affected customers.

9 months ago - The Australian Financial Review

Suncorp sells NZ life business to Resolution Life

Resolution Life has acquired Asteron Life New Zealand for NZ$410 million.

9 months ago - Financial Standard

ACCC admits defeat on blocking ANZ’s $4.9b takeover of Suncorp’s bank

The competition watchdog says it will not appeal a decision to unblock the deal after a tribunal found it would “not lead” to major changes in the market.

10 months ago - The Australian Financial Review

Suncorp CEO is 'very confident' in future as a pure-play insurer

Steve Johnston, Suncorp's Group CEO, says the company still has "work to do" to close the ANZ-Suncorp bank deal but remains confident it will succeed.

10 months ago - CNBC International TV

Suncorp CEO is 'very confident' in the company's future as a pure-play insurer post ANZ deal

Steve Johnston, Suncorp's Group CEO, says the company still has "work to do" to close the ANZ-Suncorp bank deal but remains confident it will succeed.

10 months ago - CNBC

Suncorp pushes big premium hike in bid to grow profit margins

The Brisbane-headquartered group operates the AAMI and Apia brands. It said it had not seen an impact on customer numbers from the increased prices.

10 months ago - The Australian Financial Review