Media Release 12 July 2018
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Financial results
This area contains documents pertaining to Mortgage Choice's interim and annual financial results. Our most recent full year financial results were announced on 24 August 2017.
This area contains documents pertaining to Mortgage Choice's interim and annual financial results. Our most recent full year financial results were announced on 24 August 2017.
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Highlights for the 6 months to 31 December 2017
• NPAT on a cash basis reached $12.5 million, up 7.0% from $11.7 million in 1H17
• NPAT IFRS of $11.4 million, consistent with the result in 1H17
• Total loan book $54.0 billion, up 3.2% from $52.4 billion in 1H17
• $6.0 billion settled home loans 1H18, down slightly from $6.4 billion in 1H17
• Financial planning Funds Under Advice climbed 49.9% from 1H17 to $634.2 million in 1H18
• Financial planning insurance Premiums In Force moved past the $25 million milestone, reaching $26.6 million – up 21.1% from 1H17
• Cash earnings per share at 10 cents, compared to 9.4 cents in 1H17
• An interim fully franked dividend of 9.0 cents per share was declared by the Board, consistent with 2H17
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Notification of Dividend/Distribution
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FY2016
For previous reports and presentations, please contact corporateaffairs@mortgagechoice.com.au stating the report name and period.