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

Banks are awash with cash yet still finding it difficult to engage in their key business, lending. Are there green shoots appearing?

Jul 27 2021

As big capital extends green financial nets into the retail, SME and corporate markets, banks are likely to be sheltered from the worst ravages of competition behind anti-trust legislation

Jul 22 2021


ASX CODE COMPANY NAME LAST PRICE 52WK HIGH 52WK LOW P/E CONSENSUS TARGET
AFG AUSTRALIAN FINANCE GROUP LIMITED $2.59 $3.16 $1.56 16.5

$3.253

ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED $27.71 $29.64 $16.40 13.7

$30.00

BEN BENDIGO & ADELAIDE BANK LIMITED $10.33 $11.68 $5.80 14.3

$10.317

BOQ BANK OF QUEENSLAND LIMITED $9.02 $9.44 $5.62 12.9

$10.35

CBA COMMONWEALTH BANK OF AUSTRALIA $99.65 $106.57 $62.64 21.1

$89.25

GMA GENWORTH MORTGAGE INSURANCE AUSTRALIA LIMITED $2.04 $xx.xx $xx.xx xx.x xx.xx
NAB NATIONAL AUSTRALIA BANK LIMITED $25.93 $xx.xx $xx.xx xx.x xx.xx
RMC RESIMAC GROUP LIMITED $2.31 $xx.xx $xx.xx xx.x xx.xx
SUN SUNCORP GROUP LIMITED $11.54 $xx.xx $xx.xx xx.x xx.xx
VUK VIRGIN MONEY UK PLC $3.75 $xx.xx $xx.xx xx.x xx.xx
WBC WESTPAC BANKING CORPORATION $24.52 $xx.xx $xx.xx xx.x xx.xx
Previous Stories
Has The Outlook Improved For Banks?

Jul 07 2021

Banks have been in the firing line for some time regarding regulatory issues and concerns over credit provisioning. Is the outlook any brighter now?


All The Way With CBA?

Jun 09 2021

Analysts believe Commonwealth Bank is too expensive (they always do) while The Chartist sees further upside, but now is not the best time to get in.


Banks: Has The Narrative Changed?

May 19 2021

While a ‘buy the sector’ trade has been working for bank investors, it may be timely to ask if now’s the time for an entirely different approach


Can Westpac Really Meet Its Cost Target?

May 04 2021

Westpac has excited the market, outlining a significant cost target over three years. As always, the chorus is “show us the money”


Banks’ Best Turnaround Prospect: Bank Of Queensland

Apr 21 2021

Bank of Queensland is expected to exceed guidance and looks well positioned to deal with industry headwinds


Bank Outperformance Ends, But Fear Not

Apr 13 2021

Banks no longer offer deep value, but despite headwinds brokers expect the sector to benefit from a broader economic recovery


Westpac, The Dud Among Australian Banks?

Mar 31 2021

According to Banking Day, Westpac is today the least competitive and most unstable of major banks in Australia


Australian Banks: Strong Tailwinds

Mar 19 2021

Rising bond yields, rising margins, ongoing growth-to-value rotation and the prospect of higher dividends have brokers remaining bullish on the banks. But a resurgent housing market may yet prove an impediment


Will Commonwealth Bank Stir Up BNPL?

Mar 18 2021

Can Commonwealth Bank’s entry to the BNPL industry with its own virtual card upset the current operators? Will this create churn?


Bank Of Queensland Scaling Up

Feb 23 2021

Bank of Queensland is scaling up, setting its sights on a more diverse base as it merges with ME Bank