Banks
FNArena Windows (Sectors)
Introduction to FNArena Windows
FNArena Windows offers subscribers the option to investigate ASX-listed stocks against their peers. FNArena developed its own sector methodology which in our view overcomes many flaws and disadvantages connected with GICS sectors. Our system starts with three broad sector labels: COMMODITIES, FINANCIAL SERVICES and INDUSTRIALS. From here onwards subscribers can explore further through gradually narrowing branches. This is not investment advice, but simply another window on the Australian Stock Exchange to provide better insight and to assist FNArena subscribers while conducting their own market analysis.
Latest Stories
Six months ago bank analysts knew exactly what would transpire over the following six months. While the next six should also be positive, it’s a different story thereafter
Nov 23 2022
The RBA believes Australians are well-placed to weather mortgage stress from higher rates, but risks will increase sharply when fixed interest loans start rolling off
Oct 19 2022
| ASX CODE | COMPANY NAME | LAST PRICE | 52WK HIGH | 52WK LOW | P/E | CONSENSUS TARGET |
|---|---|---|---|---|---|---|
| AFG | AUSTRALIAN FINANCE GROUP LIMITED | $1.79 | $2.45 | $1.42 | 9.0 |
$2.105 |
| ANZ | ANZ GROUP HOLDINGS LIMITED | $25.07 | $28.33 | $0.00 | 10.4 |
$27.537 |
| BEN | BENDIGO & ADELAIDE BANK LIMITED | $10.15 | $10.83 | $7.71 | 11.8 |
$10.233 |
| BOQ | BANK OF QUEENSLAND LIMITED | $7.01 | $8.71 | $6.39 | 9.3 |
$7.425 |
| CBA | COMMONWEALTH BANK OF AUSTRALIA | $109.97 | $109.98 | $86.98 | 17.9 |
$93.283 |
| NAB | NATIONAL AUSTRALIA BANK LIMITED | $31.78 | $xx.xx | $xx.xx | xx.x | xx.xx |
| RMC | RESIMAC GROUP LIMITED | $1.30 | $xx.xx | $xx.xx | xx.x | xx.xx |
| SUN | SUNCORP GROUP LIMITED | $12.54 | $xx.xx | $xx.xx | xx.x | xx.xx |
| VUK | VIRGIN MONEY UK PLC | $3.36 | $xx.xx | $xx.xx | xx.x | xx.xx |
| WBC | WESTPAC BANKING CORPORATION | $23.84 | $xx.xx | $xx.xx | xx.x | xx.xx |
Previous Stories
Banks Need To Unlock Innovation Faster
Oct 11 2022
Op-Ed by Jack Keddie, IBM Cloud Leader, argues Australian banks have fallen behind in the modern era of innovation and must look to industry-cloud solutions to balance security and compliance with modernisation
Weaker Oz House Prices To Reverberate In 2023
Oct 05 2022
Australian housing prices are forecast to continue declining as rising interest rates have yet to impact in full, with consequences for the broader economy in 2023
PayTo: Blockchain Changing The World Of Finance
Oct 03 2022
PayTo is ready to revolutionise the direct debit industry with benefits for customers, businesses and the banks
In Brief: Banks, Chinese Economy, US Business
Sep 09 2022
Weekly broker wrap: widening gap between near- and medium-term banking outlooks, China lacks growth drivers, US executives fail to find upside for profits
Australian House Price Falls Accelerating
Aug 03 2022
July saw the biggest monthly fall in Australian house prices in 40 years. Just how much further will house prices fall?
Lukewarm Reception For ANZ-Suncorp Bank Deal
Jul 19 2022
Following Suncorp Group’s sale of its banking arm to ANZ Bank, brokers weigh the strategic merit for both parties
Sentiment Wanes For Banking Sector
Jul 05 2022
Market sentiment for the banking sector has declined as investors struggle to balance the positive impact of rising rates on interest margins with the negative impact on the property and mortgage loan market
Oz Banks: Downside Risk Scenarios
Jul 01 2022
Brokers weigh potential impacts on Australian bank shares from rising unemployment and falling house prices
Aussie Banks: Due A Bounce
Jun 22 2022
The Chartist suggests the banks are due a bounce but does not advise getting on board, as caution is still required
Westpac: Trapped Buyers
May 31 2022
Michael Gable of Fairmont Equities notes Westpac’s seven-year downtrend is at risk of breaking, but it could be slow going
