Auswide Bank
Logotype for Auswide Bank Ltd

Auswide Bank (MYS) investor relations material

Auswide Bank has been acquired by MyState Limited

Auswide Bank M&A Announcement summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Auswide Bank Ltd
M&A Announcement summary18 Feb, 2025

Deal rationale and strategic fit

  • Merger creates a stronger, larger regional bank with a more diverse customer and geographic footprint.

  • Combines MyState's Tasmanian banking and wealth services with Auswide's Queensland banking and asset finance.

  • Four brands (MyState Bank, Auswide Bank, SelfCo, TPT Wealth) will serve customers across Australia's eastern seaboard.

Financial terms and conditions

  • MyState acquired 100% of Auswide's shares; Auswide shareholders received 1.112 new MyState shares per Auswide share.

  • Ineligible foreign shareholders will receive proceeds from a sale facility by 19 March 2025.

  • Auswide will be delisted from the ASX effective 20 February 2025.

Synergies and expected cost savings

  • Pre-tax cost synergies of $20m–$25m per annum expected by end of FY27.

  • Merger expected to be EPS accretive on a post-synergies run rate basis from FY26, excluding integration and transaction costs.

Detail the brands under which the group operates.
What are the key assumptions for synergies?
What is the expected impact on credit ratings?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Auswide Bank
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage