Good 1H23 results, debt repayment surge in July, ongoing capital management. AMP Bank is meaningful to group, only focused on house mortgages, unlike peers. Upgrades after 1H23 can be significant.
Boomeranged on Thu, 16 Nov 2023 08:46
AMP is now launching an online bank, and this is a real concern. A the same time, its margin pressure at its AMP Bank is not strong, new guidance is weak.
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