MyState integrates **TCS Bancs** core banking platform across its operations, now including **Auswide Bank** after the February 2025 merger. The move consolidates banking infrastructure under a single system for the combined entity. TCS Bancs’ platform previously supported MyState’s operations before the acquisition.
MyState Limited reports a **58% increase in full-year net profit**, reaching **$56.19 million** for the year ended 30 June 2026. The company’s profit rose from **$35.56 million** in the prior year, marking strong financial growth. MyState also declares a **12.5-cent final dividend** for members.
MyState is integrating Auswide at a measured pace, with integration costs surpassing initial projections. The bank reports that cost savings from synergies are balancing the higher expenses, while its combined growth remains slower than industry averages.
Auswide Bank and MyState Bank finalize a **A$755 million merger**, with Auswide becoming an indirect wholly owned subsidiary of MyState. The deal consolidates two regional Australian banking groups under MyState’s ownership. The transaction reflects strategic expansion in Australia’s banking sector.
