Suncorp Group Limited (SNMYF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Suncorp Group Limited (SNMYF) trades at $13.03. Suncorp Group Limited is a financial services provider offering insurance and banking products in Australia and New Zealand. Market cap: $13.81B, Sector: Financial services.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for SNMYF: SNMYF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SNMYF against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
SNMYF: 1/1 perspectives are bearish.
How is this calculated? →Suncorp Group Limited (SNMYF) Financial Services Profile
Suncorp Group Limited, a diversified financial services firm based in Australia, provides insurance and banking solutions across Australia and New Zealand. With a history dating back to 1902, Suncorp operates through distinct segments, including insurance, banking, and New Zealand operations, serving retail, corporate, and commercial clients.
What Is the Investment Thesis for SNMYF?
Suncorp Group Limited presents a mixed investment case. With a market capitalization of $13.81B and a P/E ratio of 17.30, the company exhibits moderate valuation metrics. A dividend yield of 4.17% offers income potential, while a beta of 0.34 suggests lower volatility compared to the broader market. The company’s profitability, indicated by a 5.9% profit margin and a 25.9% gross margin, reflects its ability to generate earnings. Growth catalysts include expansion within the Australian and New Zealand markets. Potential risks include regulatory changes and economic downturns affecting the financial services sector.
Based on FMP financials and quantitative analysis
SNMYF Key Highlights
- Market capitalization of $13.81B, reflecting its significant presence in the financial services sector.
- P/E ratio of 17.30, indicating its valuation relative to earnings.
- Dividend yield of 4.17%, offering a steady income stream for investors.
- Beta of 0.34, suggesting lower volatility compared to the overall market.
- Profit margin of 5.9% and gross margin of 25.9%, demonstrating its profitability and operational efficiency.
Who Are SNMYF's Competitors?
SNMYF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AMIGF Admiral Group plc | $43.53 | -8.55% | $13.01B | 52 |
| AMIGY Admiral Group plc | $48.38 | -1.58% | $14.82B | 53 |
| BKRIF Bank of Ireland Group plc | $19.95 | +0.00% | $18.95B | 59 |
| FRFFF Fairfax Financial Holdings Limited | $17.98 | +0.00% | $15.84B | 52 |
| IAUGY Insurance Australia Group Limited | $28.05 | -6.34% | $13.12B | 50 |
| BZLYF Beazley plc | $17.30 | +0.00% | $10.23B | 70 |
| DIISY Direct Line Insurance Group plc | $18.00 | +15.16% | $5.85B | 66 |
| SKWD Skyward Specialty Insurance Group, Inc. | $59.63 | -2.91% | $2.42B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SNMYF's Key Strengths?
- Diversified business model across insurance and banking.
- Strong brand recognition in Australia and New Zealand.
- Extensive distribution network.
- Solid capital base and financial performance.
What Are SNMYF's Weaknesses?
- Exposure to natural disasters affecting insurance claims.
- Dependence on the Australian and New Zealand markets.
- Regulatory complexities in the financial services industry.
- Potential for increased competition from fintech companies.
What Could Drive SNMYF Stock Higher?
- Expansion of digital banking services to attract a broader customer base.
- Strategic partnerships with fintech companies to enhance product offerings.
- Launch of innovative insurance products tailored to evolving customer needs in 2027.
- Geographic expansion within the New Zealand market to increase market share.
- Focus on sustainable and ethical banking practices to attract socially responsible investors.
What Are the Key Risks for SNMYF?
- Economic downturns affecting loan demand and insurance sales.
- Rising interest rates impacting borrowing costs.
- Increased competition from existing and new players in the financial services industry.
- Changes in regulatory requirements impacting business operations.
- Exposure to natural disasters affecting insurance claims.
What Are the Growth Opportunities for SNMYF?
- Expansion of Digital Banking Services: Suncorp can capitalize on the growing demand for digital banking solutions by enhancing its online and mobile platforms. This includes offering a wider range of digital products, improving user experience, and leveraging data analytics to personalize services. The digital banking market is projected to reach $10.18 billion in 2026, presenting a substantial growth opportunity for Suncorp to increase its market share and customer base through innovative digital offerings.
- Strategic Partnerships and Alliances: Forming strategic partnerships with fintech companies and other financial institutions can enable Suncorp to expand its product offerings and reach new customer segments. Collaborations can focus on areas such as digital payments, wealth management, and insurance technology. By leveraging the expertise and resources of its partners, Suncorp can accelerate its growth and enhance its competitive position in the market, with potential partnerships materializing by late 2026.
- Product Innovation in Insurance: Developing innovative insurance products that cater to evolving customer needs can drive growth for Suncorp's insurance segment. This includes offering customized insurance solutions, incorporating advanced technologies such as telematics and IoT devices, and providing value-added services such as risk management and prevention. The market for innovative insurance products is expected to grow as customers seek more personalized and comprehensive coverage options, with new products potentially launching in 2027.
- Geographic Expansion within New Zealand: Suncorp can explore opportunities to expand its presence in the New Zealand market by increasing its distribution channels, launching new products, and targeting specific customer segments. This includes leveraging its existing infrastructure and expertise to capitalize on the growing demand for financial services in the region. The New Zealand financial services market is projected to grow steadily, offering Suncorp a favorable environment for expansion, with potential expansion initiatives starting in 2026.
- Focus on Sustainable and Ethical Banking: With increasing awareness of environmental and social issues, Suncorp can differentiate itself by focusing on sustainable and ethical banking practices. This includes offering green loans, investing in renewable energy projects, and promoting financial inclusion. By aligning its business operations with sustainability principles, Suncorp can attract socially responsible investors and customers, enhancing its brand reputation and long-term growth prospects. This initiative can be implemented by early 2027.
What Opportunities Does SNMYF Have?
- Expansion of digital banking and insurance services.
- Strategic partnerships and alliances.
- Product innovation in insurance.
- Geographic expansion within New Zealand.
What Threats Does SNMYF Face?
- Economic downturns affecting loan demand and insurance sales.
- Rising interest rates impacting borrowing costs.
- Increased competition from existing and new players.
- Changes in regulatory requirements.
What Are SNMYF's Competitive Advantages?
- Established brand reputation in the Australian and New Zealand markets.
- Diversified product offerings across insurance and banking sectors.
- Extensive distribution network.
- Strong capital base and financial stability.
What Does SNMYF Do?
Suncorp Group Limited, established in 1902 and headquartered in Brisbane, Australia, is a prominent financial services provider operating in the Australian and New Zealand markets. The company offers a comprehensive suite of insurance and banking products and services to a diverse clientele, including retail, corporate, and commercial customers. Suncorp operates through three primary segments: Insurance (Australia), Suncorp Bank, and Suncorp New Zealand. The Insurance (Australia) segment provides a wide array of general insurance products, encompassing home and contents, motor, marine, travel, commercial property, industrial special risk, public liability, professional indemnity, workers' compensation, and compulsory third-party products. This segment also distributes life insurance products. Suncorp Bank offers a range of banking products and services, including commercial, agribusiness, small business, and home loans, along with savings and transaction accounts, foreign exchange services, and treasury products. The Suncorp New Zealand segment provides both general and life insurance products, covering home and contents, motor, commercial property, public liability, professional indemnity, life, trauma, total and permanent disablement, and income protection. Formerly known as Suncorp-Metway Limited, the company rebranded to Suncorp Group Limited in December 2010, reflecting its broader strategic focus.
What Products and Services Does SNMYF Offer?
- Provides general insurance products, including home, motor, and commercial coverage.
- Offers banking services such as home loans, savings accounts, and business financing.
- Distributes life insurance products.
- Provides compulsory third-party insurance.
- Offers foreign exchange services.
- Provides treasury products and services.
How Does SNMYF Make Money?
- Generates revenue through insurance premiums from a variety of general and life insurance products.
- Earns interest income from loans and other banking services.
- Collects fees from banking transactions and financial services.
- Manages investments to generate returns.
What Industry Does SNMYF Operate In?
Suncorp Group Limited operates within the competitive financial services industry in Australia and New Zealand. The industry is characterized by evolving regulatory landscapes, technological advancements, and shifting consumer preferences. Key trends include the increasing adoption of digital banking and insurance solutions, as well as growing demand for personalized financial products. Suncorp competes with other major players such as AMIGF, AMIGY, BKRIF, FRFFF, and IAUGY, striving to differentiate itself through product innovation, customer service, and strategic partnerships. The property and casualty insurance market is influenced by factors such as natural disasters and economic conditions.
Who Are SNMYF's Key Customers?
- Retail customers seeking personal insurance and banking services.
- Commercial clients requiring business insurance and financing solutions.
- Corporate customers with complex financial needs.
- Agribusinesses needing specialized banking and insurance products.
ROE 10%Key Financial Metrics
Return on equity for Suncorp Group Limited stands at 9.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.3%, showing how much profit it generates from its asset base. SNMYF trades at a trailing price-to-earnings ratio of 21.17, above the Financial Services sector average of ~18x. Its free cash flow yield is 18.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 4.7%, the inverse of the P/E and a quick read on earnings relative to price.
Suncorp Group Limited (SNMYF) Valuation Context
Valued at $13.81B, SNMYF is classified as a large-cap stock.
Company Profile
Suncorp Group Limited operates in the Insurance - Property & Casualty industry within the Financial Services sector. It is headquartered in Brisbane, AU. The company is led by CEO Jeremy John Robson. SNMYF has traded publicly since 2014.
F-Score 7/9Financial Health
Suncorp Group Limited's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.15 places it in the grey zone, a middle ground that warrants monitoring.
FY2026 estForward Outlook
Wall Street analysts project Suncorp Group Limited revenue of about $14.33B for fiscal 2026, with EPS near $0.89. The estimate reflects 7 contributing analysts.
SNMYF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future performance, indicating strong belief in its fundamentals.
- Community sentiment has shifted positively, with many investors expressing optimism about Suncorp's strategic initiatives and market positioning.
- Analysts have noted a favorable response to Suncorp's recent product launches, highlighting innovation as a key driver for growth.
- The overall insurance sector has shown resilience, and Suncorp's diversified portfolio positions it well to capitalize on industry trends.
Bear Case
- Concerns have been raised about potential regulatory changes impacting the insurance sector, which could affect Suncorp's operations.
- Community sentiment has also reflected caution, with some investors worried about rising claims costs and their effect on profitability.
- Recent discussions indicate skepticism regarding Suncorp's ability to effectively manage its risk exposure amid economic uncertainties.
- Market perception remains mixed, as some analysts question the sustainability of Suncorp's recent growth amidst competitive pressures.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SNMYF Latest News
No recent news available for SNMYF.
SNMYF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SNMYF.
Price Targets
Wall Street price target analysis for SNMYF.
SNMYF MoonshotScore
What does this score mean?
The MoonshotScore rates SNMYF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Steven Johnston
CEO
Steven Johnston is the Chief Executive Officer of Suncorp Group Limited. His career spans several decades in the financial services industry, with extensive experience in insurance and banking. Prior to his role at Suncorp, he held various leadership positions in major financial institutions. Johnston's expertise includes strategic planning, risk management, and operational efficiency. He is known for his focus on customer-centric solutions and driving innovation within the organization. His educational background includes advanced degrees in business and finance.
Track Record: Under Steven Johnston's leadership, Suncorp Group Limited has focused on enhancing its digital capabilities and improving customer experience. Key achievements include streamlining operations, expanding into new markets, and strengthening the company's financial performance. He has also overseen the implementation of key strategic initiatives aimed at driving sustainable growth and increasing shareholder value.
SNMYF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Suncorp Group Limited (SNMYF) may have limited or no reporting requirements with U.S. regulators. Companies in this tier often have minimal financial disclosure, making it difficult for investors to assess their financial health and operational performance. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies do not have to meet stringent listing standards, resulting in higher risks for investors due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Financial Disclosure: Lack of comprehensive financial reporting increases investment risk.
- Low Liquidity: Reduced trading volume and wider bid-ask spreads can lead to price volatility.
- Regulatory Scrutiny: OTC stocks are subject to less regulatory oversight, increasing the potential for fraud or mismanagement.
- Information Asymmetry: Difficulty in obtaining reliable information about the company's operations and financial condition.
- Delisting Risk: Potential for the stock to be delisted from the OTC market due to non-compliance.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and track record.
- Check for any regulatory actions or legal disputes.
- Monitor trading volume and price volatility.
- Consult with a qualified financial advisor.
- Established Operating History: Suncorp Group Limited has been in operation since 1902.
- Operations in Regulated Markets: The company operates in the regulated financial services markets of Australia and New Zealand.
- Publicly Available Information: While limited, some financial information is available.
- Employee Count: The company employs approximately 10,500 people.
Suncorp Group Limited Financial Services Stock: Key Questions Answered
What does Suncorp Group Limited do?
Suncorp Group Limited is a diversified financial services company providing insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through three key segments: Insurance (Australia), Suncorp Bank, and Suncorp New Zealand. Its insurance segment offers a range of general insurance products, while Suncorp Bank provides banking services such as loans and deposit accounts. The New Zealand segment offers both general and life insurance products, positioning Suncorp as a comprehensive financial solutions provider in its core markets.
What are the main risks for SNMYF?
Suncorp Group Limited faces several key risks, including economic downturns that could reduce loan demand and insurance sales. Rising interest rates may increase borrowing costs and impact profitability. Increased competition from existing and new players in the financial services industry poses a threat to market share. Changes in regulatory requirements could increase compliance costs and affect business operations. Additionally, the company is exposed to natural disasters, which can lead to increased insurance claims and financial losses.
How sensitive is SNMYF to interest rate changes?
Suncorp Group Limited's profitability is sensitive to interest rate changes, particularly through its banking operations. A rise in interest rates can increase the net interest margin (NIM) on its lending products, boosting profitability. However, it can also lead to decreased demand for loans and increased borrowing costs for customers, potentially impacting loan growth and credit quality. Suncorp manages this risk through hedging strategies and careful monitoring of interest rate movements to optimize its NIM and maintain financial stability.
How does Suncorp Group Limited make money in financial services?
Suncorp Group Limited generates revenue through several key channels within the financial services sector. A significant portion of its income comes from insurance premiums collected from its diverse range of general and life insurance products. Additionally, the company earns interest income from its lending activities through Suncorp Bank, including home loans, commercial loans, and personal loans. Fees from banking transactions, financial advisory services, and treasury products also contribute to its revenue stream. Effective management of investments further enhances its profitability.
What are the key factors to evaluate for SNMYF?
Evaluate SNMYF on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does SNMYF data refresh on this page?
SNMYF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven SNMYF's recent stock price performance?
Suncorp Group Limited (SNMYF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified business model across insurance and banking. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SNMYF overvalued or undervalued right now?
Valuing Suncorp Group Limited (SNMYF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- OTC market data may have limited accuracy.