Your prediction
Suncorp Group Ltd. Stock
Pros and Cons of Suncorp Group Ltd. in the next few years
Pros
Cons
Performance of Suncorp Group Ltd. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Suncorp Group Ltd. | 0.510% | 0.000% | 4.124% | 32.026% | 18.824% | 50.746% | 10.316% |
| Qbe Insurance Group | -1.820% | 0.000% | 4.854% | 18.681% | 18.681% | 61.194% | 39.607% |
| CNA Financial Corp. | 0.490% | 0.000% | -0.478% | 14.286% | 8.333% | 7.772% | - |
| Prudential Financial | 0.590% | 1.133% | 7.466% | 46.931% | 19.356% | 27.573% | 25.761% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Diving into the financials of Suncorp, symbol SNMYF, one notices a company that appears to be well-established within the insurance industry, boasting a substantial asset base and consistent revenue generation over the last three fiscal years. The analysis of their balance sheets, income statements, and cash flow statements reveals an organization that is actively managing its assets and liabilities, with signs of strategic decision-making in its operations.
General Impression: Upon initial review, it is apparent that Suncorp has demonstrated growth in total assets year over year from 2021 to 2023, indicating an expansionary trajectory. However, this growth also accompanies an increase in total liabilities, potentially hinting at aggressive financing activities. A nuanced analysis is warranted to understand the implications of these financial maneuvers on the company's overall health.
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