Resimac Group Limited [ASX:RMC] share price and news 2022

Company Description

Resimac Group Limited (RMC) is a residential mortgage lender and multi-channel distribution business specialising in Prime and Specialist lending. The Group operates in targeted market segments and asset classes in Australia and New Zealand. As a non-bank financial institution, the Group has developed a high quality lending portfolio, loan servicing capability, and funding platform through a combination of organic growth and the Resimac/ Homeloans merger in 2016.

Resimac Group Limited belongs to Financials sector and under industry of Thrifts & Mortgage Finance. You can get more information about this company via their website: http://www.resimac.com.au.

This a small cap company with market cap of 917 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is greater than both sector and market. On the other hand,

Earnings PE PB PE growth
Company 0.89 10.37 3.8 0.26
Market 0.85 22.3 1.99 0.84
Sector 0.93 15.7 1.29 1.24

Dividend Growth Chart

The following chart shows you how rmc dividend grows in the recent years.Resimac Group Limited has dividend yield of 1.97%