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MyState (ASX:MYS), a regional bank, was sold by Clime Investment Management after strong performance. In July 2025, Clime reported it sold its position in MyState after a solid period of performance, which in its view had moved beyond what the outlook for fundamentals justified, suggesting the share price had run ahead of expected earnings. MyState operates in the Financials sector within the Banks industry, and Thesis Tracker has captured 1 comment from 1 fund manager, Clime Investment Management. Founded in 2009 and headquartered in Hobart, MyState is a financial services group operating MyState Bank and Bank of us, providing home loans, deposits and banking services across Australia, along with wealth management and trustee services through Tasmanian Perpetual Trustees, and merged with Auswide Bank to expand its scale and geographic reach beyond Tasmania into Queensland and other states, aiming to improve efficiency through combined operations.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Clime Investment Management have invested in MyState Ltd (ASX:MYS).
The available commentary does not highlight specific opportunities, focusing instead on Clime's decision to take profits.
Clime sold because the share price had risen beyond what it believed the fundamental outlook justified, implying limited upside.
MyState Ltd., founded in 2009 and headquartered in Hobart, Australia, is a financial services holding company. It operates across three core segments: Banking, Wealth Management, and Corporate. The Banking segment provides lending products, including home, personal, and commercial loans, alongside transactional accounts, deposits, and insurance. The Wealth Management segment offers funds management, financial planning, and trustee services. The Corporate segment oversees group governance. This structure supports MyState's delivery of diversified banking and wealth solutions.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.