Business
Why the Suncorp (ASX:SUN) share price is in focus – The Motley Fool Australia
The Suncorp Group Ltd (ASX: SUN) share price is one to watch today after the company announced a bumper cash earnings result for 1H 2021.
Suncorp Group Ltd (ASX: SUN) shares will be on watch today after the company announced a 39.5% increase in half-year cash profit. At Monday’s close, the Suncorp share price was sitting at $10.44.
Why is the Suncorp share price in focus?
Suncorp reported its results for the half-year ended 31 December 2020 (1H 2021) this morning. That announcement was headlined by a 39.5% increase in cash profit to $509 million.
Strong earnings across all businesses, including insurance (Australia), banking & wealth…
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