MA Financial Group Shows Strong Growth in Q3 2024

MA Financial Group Limited (AU:MAF) has released an update.

MA Financial Group Limited reported impressive growth in its third-quarter 2024 update, with a record $1.6 billion in gross fund inflows, marking a 25% increase from the previous year. The group’s assets under management rose to $9.9 billion, while its mortgage platform Finsure saw a significant expansion in managed loans to $128 billion. Despite a challenging macroeconomic environment, MA Financial continues to experience positive business momentum and is investing in future growth initiatives.

For further insights into AU:MAF stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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