No Surprises in Suncorp’s First-Half Fiscal 2017 Result. AUD 12 FVE Unchanged
No surprises in Suncorp Group’s first-half fiscal 2017 cash profit of AUD 584 million, up 5% on first-half fiscal 2016. The result was broadly in line with our expectations and we make no changes to our fiscal 2017 cash profit forecast of AUD 1.17 billion. Statutory profit of AUD 537 million was broadly stable on first-half 2016. No change to our positive view and our AUD 12 fair value estimate. Despite the AUD 0.33 per share fully franked interim dividend up 10% on first-half 2016 it was lower ...Suncorp Group is engaged in the general insurance, banking, life insurance, superannuation products and related services to the retail, corporate and commercial sectors. Co.'s segments are: Personal Insurance, which include home and contents insurance, motor insurance and travel insurance; Commercial Insurance, which include commercial motor insurance, commercial property insurance and marine insurance; General Insurance, which include home and contents insurance, motor insurance, marine insurance; Bank, which include personal and commercial banking; and Life, which include financial planning and funds administration services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.