Suncorp Group Limited (ASX: SUN)
Australia
· Delayed Price · Currency is AUD | Market Cap | 21.22B |
| Revenue (ttm) | 17.83B |
| Net Income (ttm) | 1.17B |
| Shares Out | 1.27B |
| EPS (ttm) | 0.88 |
| PE Ratio | 18.77 |
| Forward PE | 14.27 |
| Dividend | 0.61 (3.66%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 3,914,865 |
| Open | 17.10 |
| Previous Close | 17.08 |
| Day's Range | n/a |
| 52-Week Range | 12.81 - 17.73 |
| Beta | 0.73 |
| Analysts | n/a |
| Price Target | 17.24 (+3.36%) |
| Earnings Date | Aug 19, 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 Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as ... [Read more]
Financial Performance
In 2023, Suncorp Group's revenue was 16.04 billion, an increase of 17.31% compared to the previous year's 13.67 billion. Earnings were 1.15 billion, an increase of 68.58%.
Financial StatementsNews
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.
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...
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...
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.
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.
MSC Certane wins Suncorp mandate
MSC Certane has been appointed as trustee for Suncorp's latest note issue.
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.
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.
Suncorp sells NZ life business to Resolution Life
Resolution Life has acquired Asteron Life New Zealand for NZ$410 million.
Suncorp Group Limited goes ex dividend tomorrow
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.
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.
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.
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.
Suncorp records fivefold boost in insurance half-year profit amid spike in premiums
Increase to $203m more than compensates for falls in company’s banking and personal injury divisions Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , ...
ASX 200 LIVE: Shares to open flat; Endeavour, Suncorp results ahead
Shares set to open flat; investors brace for more earnings this week headlined by Coles, Suncorp and Harvey Norman; RBNZ interest rate decision on Wednesday. Follow here for more.
Light-touch competition policy hasn’t helped Australian mortgage holders. It’s time to get tough | John Quiggin
Acquisitions such as ANZ’s of Suncorp should be presumed to be anticompetitive until proven otherwise Get our morning and afternoon news emails , free app or daily news podcast Just two weeks after Pr...
Competition regulator defends its track record
The competition regulator defended its record in merger approvals and argued the Australian Competition Tribunal ruling to overturn its decision to block ANZ’s $4.9bn Suncorp Bank buyout adds to its c...
Australian Competition Tribunal gives nod for ANZ's $3.2B takeover of Suncorp Bank
Unpacking the ANZ/Suncorp decision
Reporters James Eyers and Liam Walsh discuss the ACCC decision to wave through ANZ's purchase of Suncorp.
ACCC’s Bendigo/Suncorp theory had ‘significant challenges’: court
A takeover of Suncorp’s bank from its fellow regional lender Bendigo & Adelaide Bank would face material execution risks, the Australian Competition Tribunal said.
ANZ-Suncorp merger approved; Littleproud calls for big supermarkets to be ‘sold off’; and US urges Israel to drop Rafah plans
Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Good afternoon. ANZ’s controversial acquisition of Suncorp’s...
ACCC ignored facts, blinded by agenda on Suncorp
The competition regulator will need to ask itself some hard questions on how it had been blinded by its own instincts toward market intervention after its decision to block ANZ’s $4.9bn buyout of Sunc...
Competition watchdog overruled as tribunal gives ANZ-Suncorp merger go ahead
ANZ’s proposed $4.9bn takeover of Suncorp’s banking arm will proceed after a tribunal decision that it would not lessen competition Follow our Australia news live blog for latest updates Get our morni...
ANZ hybrid expected to be upsized to $1.5b after Suncorp win
ANZ is expected to upsize its $1 billion hybrid deal launched last week.