Australian Finance Group Ltd (ASX: AFG) Share Price and News
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Australian Finance Group Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar. Market Cap $392.93 million
P/E Ratio 7.46
Dividend Yield 9.32%
Shares Outstanding 269.13 million
Earnings per share 0.207
Dividend per share 0.14
Year To Date Return -40.19%
Earnings Yield 13.40%
Franking 100%
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as at 24 Feb 3:44pm
Australian Finance Group Ltd (ASX: AFG)
Latest News
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Mergers & Acquisitions
Australian Finance Group (ASX:AFG) share price lifts on acquisition news
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Mergers & Acquisitions
Why Australian Finance Group (ASX:AFG) shares are falling today
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 07 Mar 2022 | $0.0700 | 100.00% | Interim | 24 Mar 2022 |
| 06 Sep 2021 | $0.0740 | 100.00% | Final | 23 Sep 2021 |
| 01 Mar 2021 | $0.0590 | 100.00% | Interim | 18 Mar 2021 |
| 09 Sep 2020 | $0.0470 | 100.00% | Final | 29 Sep 2020 |
| 02 Mar 2020 | $0.0540 | 100.00% | Interim | 26 Mar 2020 |
| 06 Sep 2019 | $0.0590 | 100.00% | Final | 03 Oct 2019 |
| 04 Mar 2019 | $0.0470 | 100.00% | Interim | 28 Mar 2019 |
| 31 Aug 2018 | $0.0570 | 100.00% | Final | 27 Sep 2018 |
| 05 Mar 2018 | $0.1200 | 100.00% | Special | 29 Mar 2018 |
| 05 Mar 2018 | $0.0470 | 100.00% | Interim | 29 Mar 2018 |
| 01 Sep 2017 | $0.0550 | 100.00% | Final | 28 Sep 2017 |
| 06 Mar 2017 | $0.0420 | 100.00% | Interim | 31 Mar 2017 |
| 02 Sep 2016 | $0.0540 | 100.00% | Final | 30 Sep 2016 |
| 11 Mar 2016 | $0.0300 | 100.00% | Interim | 29 Mar 2016 |
AFG ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Australian Finance Group Ltd
Headquartered in Perth, Western Australia, Australian Finance Group Ltd (ASX: AFG) is one of the country’s largest mortgage broking groups. The company was established in 1994 and began life as a aggregator, providing mortgage brokers with access to loan products and support services.
Today, the company employs more than 200 staff Australia-wide and works with nearly 3,000 finance brokers across the country. Its offerings include mortgage aggregation as well as business finance, insurance, and own-label securitised products. According to the company, AFG brokers are able to offer their clients a choice of more than 3,800 finance products from leading Australian lenders including the big four banks.
AFG assists around 7,500 Australians to secure loans and, as at September 2020, has a loan book around $140 billion in size.
Australian Finance Group shares first began trading on the ASX in May 2015. The AFG share price was hit hard by the pandemic in 2020, falling nearly 70% between February and March. As at September 2020, the AFG share price had partially recovered but had failed to reach its pre-pandemic highs.
AFG Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 05 Jul 2022 | $1.46 | $-0.09 | -5.83% | 2,280,923 | $1.51 | $1.51 | $1.42 |
| 04 Jul 2022 | $1.55 | $0.06 | 4.04% | 321,530 | $1.52 | $1.56 | $1.50 |
| 01 Jul 2022 | $1.49 | $-0.02 | -1.32% | 442,204 | $1.53 | $1.55 | $1.49 |
| 30 Jun 2022 | $1.51 | $-0.02 | -1.31% | 365,046 | $1.51 | $1.56 | $1.51 |
| 29 Jun 2022 | $1.53 | $-0.01 | -0.65% | 990,100 | $1.53 | $1.55 | $1.50 |
| 28 Jun 2022 | $1.54 | $-0.05 | -3.13% | 656,653 | $1.60 | $1.60 | $1.52 |
| 27 Jun 2022 | $1.60 | $0.05 | 3.24% | 1,345,469 | $1.59 | $1.61 | $1.58 |
| 24 Jun 2022 | $1.55 | $0.07 | 4.75% | 1,046,167 | $1.47 | $1.56 | $1.45 |
| 23 Jun 2022 | $1.48 | $-0.08 | -5.16% | 815,123 | $1.56 | $1.57 | $1.47 |
| 22 Jun 2022 | $1.55 | $-0.03 | -1.90% | 563,125 | $1.60 | $1.61 | $1.55 |
| 21 Jun 2022 | $1.58 | $0.07 | 4.64% | 2,116,778 | $1.51 | $1.58 | $1.48 |
| 20 Jun 2022 | $1.51 | $0.02 | 1.35% | 871,193 | $1.48 | $1.53 | $1.47 |
| 17 Jun 2022 | $1.49 | $-0.11 | -6.92% | 1,453,002 | $1.56 | $1.57 | $1.49 |
| 16 Jun 2022 | $1.59 | $-0.01 | -0.62% | 937,895 | $1.65 | $1.67 | $1.59 |
| 15 Jun 2022 | $1.61 | $-0.07 | -4.19% | 752,058 | $1.67 | $1.67 | $1.61 |
| 14 Jun 2022 | $1.67 | $-0.05 | -2.92% | 1,397,788 | $1.67 | $1.68 | $1.56 |
| 10 Jun 2022 | $1.72 | $-0.12 | -6.54% | 886,279 | $1.82 | $1.82 | $1.70 |
| 09 Jun 2022 | $1.84 | $-0.01 | -0.54% | 608,408 | $1.85 | $1.86 | $1.82 |
| 08 Jun 2022 | $1.85 | $-0.03 | -1.60% | 418,796 | $1.91 | $1.93 | $1.84 |
| 07 Jun 2022 | $1.87 | $-0.02 | -1.06% | 233,853 | $1.90 | $1.90 | $1.85 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 07 Mar 2022 | Annette King | Buy | 60 | $132,000 | On-market trade. |
| 03 Mar 2022 | Craig Carter | Buy | 200 | $438,500 | On-market trade. |
| 24 Dec 2021 | Greg Medcraft | Transfer | 60 | $154,200 | On-market transfer. |
| 22 Dec 2021 | Craig Carter | Buy | 239 | $616,580 | On-market trade. |
| 21 Dec 2021 | Jane Muirsmith | Buy | 40 | $103,135 | On-market trade. |
| 09 Dec 2021 | Anthony (Tony) Gill | Sell | 90 | $235,890 | On-market trade. |
| 02 Dec 2021 | Malcolm Watkins | Sell | 1 | $2,630,000 | Off-market trade. |
| 29 Nov 2021 | Malcolm Watkins | Issued | 11 | $27,983 | Issue of securities. 45,265 - Performance Rights |
| 26 Aug 2021 | Brett McKeon | Buy | 21 | $65,155 | Conversion of securities. As per announcement on 31/08/2021. There is no transaction reported for the conversion of rights. |
| 26 Aug 2021 | Malcolm Watkins | Exercise | 21 | $65,155 | Conversion of securities. 34,248 - Performance Rights As per announcement on 31/08/2021 |
| 26 Aug 2021 | Malcolm Watkins | Buy | 21 | $65,155 | Conversion of securities. |
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Brett Murray McKeon | Executive Director | Jun 2006 | Mr McKeon has worked for more than 31 years in the financial services industry. He has management, capital raising, public company and sales experience and is an experienced director in both the public and private arenas. In addition to his role as Non-Executive Director of AFG, Mr McKeon is the Chair of Establish Property Group (EPG). |
| Mr Malcolm Stephen Watkins | Executive Director | Dec 1997 | Mr Watkins has driven the company's tactical development of market-leading IT and marketing divisions for 27 years. Mr Watkins is also on the board of Thinktank, a leading commercial property lender in which AFG holds a 32.29% stake. He is tasked with overseeing the opportunity to blend Thinktank's commercial property lending expertise with AFG's broad distribution and securitisation capabilities, to deliver strategic value to both businesses. Mr Watkins is also a former board member of the industry's peak national body representing the sector, the Mortgage and Finance Association of Australia. |
| Mr Anthony (Tony) Peter Gill | Non-Executive ChairmanNon-Executive Director | Aug 2008 | Mr Gill has experience across Australia's finance industry, mostly with Macquarie Bank. Mr Gill is a Director of First Mortgage Services and First American Title Insurance. He sits on the Board of the Butterfly Foundation for Eating Disorders and the Pinchgut Opera. Mr Gill is a former member of the Board of Genworth Mortgage Insurance Limited (GMA.AX), and a former member of ASIC's External Advisory Panel. |
| Mr Craig Gillen Carter | Non-Executive Director | Mar 2015 | Mr Carter is a member of the Risk and Compliance Committee. Following a career spanning 35 years in stockbroking and investment banking, specialising in Corporate Advice and Equity Capital Markets, Mr Carter now actively manages his own family business interests across a range of investment activities. Mr Carter is a professional with experience in both business ownership and corporate advisory. This experience and reputation provides a platform for integrity and good governance. |
| Mrs Jane Mary Muirsmith | Non-Executive Director | Mar 2016 | Mrs Muirsmith is a digital and marketing strategist, having held several executive positions in Sydney, Melbourne, Singapore and New York. Ms Muirsmith is Managing Director of Lenox Hill, a digital strategy and advisory firm and is a Non-Executive Director of Cedar Woods Properties Ltd, the Telethon Kids Institute, and Chair and Non-Executive Director of HealthDirect Australia. Ms Muirsmith is also a member of the Ambassadorial Council UWA Business School. Ms Muirsmith is Chair of the Risk and Compliance Committee. |
| Ms Melanie Jane Kiely | Non-Executive Director | Mar 2016 | Ms Kiely has over 30 years of experience in health care, financial services and consulting in Australia, Europe and South Africa. Ms Kiely is also currently a Non Executive Director of AIA Health and the Black Dog Institute. She is also CEO of Good Sammy Enterprises. Prior to this, she has held senior roles with Silver Chain, HBF Health Fund, nib health funds, MBF and was an Associate Partner at global consulting firm Accenture. She has also held a number of Board positions in the financial services and health sectors. Ms Kiely is a member of the Risk and Compliance Committee. |
| Mr Greg Medcraft | Non-Executive Director | Sep 2021 | Mr Medcraft has financial markets experience, with leadership roles across both the private and public sectors in Australia and globally. Mr Medcraft's career was spent with accounting firm KPMG before spending 26 years with Societe Generale in Australia, Asia, Europe and the Americas, and then as CEO of the industry group, the Australian Securitisation Forum. At Societe Generale, Mr Medcraft initially worked on corporate finance, then capital markets, structured finance, project finance and funds management before becoming Deputy Global Head of Financial Engineering, and then Managing Director and Global Head of Securitisation. When based in New York, Mr Medcraft co-founded the industry group, the American Securitization Forum, and was Chairman for a number of years. From 2009, Mr Medcraft served initially as Commissioner and then as Chairman of ASIC during seven years with the corporate regulator. In 2017, Mr Medcraft moved to Paris as Director of the OECD's Directorate of Financial and Enterprise Affairs. He also serves as a director of the Washington-based think tank Salzburg Global Seminar. |
| Ms Annette King | Non-Executive Director | Feb 2022 | Ms King is an experienced company director, CEO and actuary, with over 30 years of experience in financial services across Asia-Pacific. Prior to becoming a non-executive director, she had experience as a CEO, CFO and CMO of financial institutions, as well as being a founder/entrepreneur. She has served multi-national companies (Swiss Re, AXA, Manulife, Mercer) and fintech companies (FNZ, Galileo Platforms). Her focus is on business growth through differentiated client experience, organizational culture and innovation via digital and technology enablement. She serves on the boards of Swiss Re, MLC Superannuation, Galileo Platforms and will be President and chair of the Actuaries Institute in 2022. She was previously President of the Life Insurance Association of Singapore. |
| Mr David James Bailey | Chief Executive Officer | Mar 2017 | - |
| Ms Lisa Bevan | Company Secretary | - | |
| Alison Clarke | AFG Head of Corporate Communications | - | |
| David James Bailey | Chief Executive Officer | - | |
| Ben Jenkins | Chief Financial Officer | - | |
| John Sanger | Chief Operating Officer | - | |
| Lisa Bevan | Company Secretary | - |
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 54,038,846 | 20.14% |
| National Nominees Limited | 41,199,304 | 15.35% |
| Citicorp Nominees Pty Limited | 29,081,825 | 10.84% |
| J P Morgan Nominees Australia Pty Limited | 18,145,498 | 6.76% |
| MBM Investments Pty Ltd | 16,310,694 | 6.08% |
| Banyard Holdings Pty Ltd | 14,788,765 | 5.51% |
| Perpetual Corporate Trust Ltd | 12,345,025 | 4.60% |
| BNP Paribas Nominees Pty Ltd | 5,083,570 | 1.89% |
| BNP Paribas Noms Pty Ltd | 3,356,243 | 1.25% |
| Invia Custodian Pty Limited | 2,743,637 | 1.02% |
| HSBC Custody Nominees (Australia) Limited (i) | 2,728,738 | 1.02% |
| Assured Financial Services Pty Ltd | 2,060,000 | 0.77% |
| Adrien Mann (South Pacific) Pty Ltd | 1,110,000 | 0.41% |
| Edi Nominees Pty Ltd | 1,060,000 | 0.39% |
| Angela Middleton | 1,000,000 | 0.37% |
| Lisa Bevan | 1,000,000 | 0.37% |
| Egmont Pty Ltd | 960,714 | 0.36% |
| Noldex Pty Ltd | 835,000 | 0.31% |
| National Nominees Limited (i) | 653,305 | 0.24% |
| Cs Fourth Nominees Pty Limited | 545,293 | 0.20% |