MyState stock reports 41.2 percent profit growth

MyState stock stood at AUD 4.91 on the ASX on September 23, 2026, while the company carried a market capitalization of AUD 836,757,251. The share price sits within a 52-week range of AUD 4.08 to AUD 5.25, giving investors a clear valuation reference after the latest full-year figures.

Profit rises after merger

According to Investing.com, MyState generated underlying net profit after tax of AUD 58.3 million in FY2026, an increase of 41.2 percent from FY2025. Statutory net profit after tax reached AUD 56.2 million for the same fiscal year.

The comparison shows the effect of the first complete financial year after the Auswide Bank merger. MyState also reported AUD 11.8 million in run-rate synergies, while its FY2028 target stands at AUD 20 million to AUD 25 million, according to Investing.com.

Revenue gives the result scale

FY2026 revenue reached AUD 251.9 million, compared with AUD 186.2 million in FY2025, according to Simply Wall St. Net income also increased to AUD 56.2 million from AUD 35.6 million, reinforcing that the earnings improvement extended beyond the underlying measure.

The board lifted the full-year dividend to AUD 0.245 per share, up AUD 0.03 from FY2025. The dividend increase and the higher profit base provide the clearest operating comparison for investors assessing the post-merger earnings profile.

AGM sets the next checkpoint

MyState has scheduled its 2026 annual general meeting for October 20, 2026, in Brisbane. The date gives shareholders the next formal checkpoint for integration progress, capital allocation and the contribution from the merged banking operations.

MyState stock was trading at AUD 4.91 on the ASX on September 23, 2026. The price was unchanged on the session and remained below the 52-week high of AUD 5.25.