Stock Spotlight: Suncorp Group Limited (ASX:SUN)

This week's Stock Spotlight is ASX-listed Suncorp Group Limited. 


About Suncorp Group Limited


Suncorp Group Ltd. offers retail and business banking, life and general insurance, superannuation and funds management services. The Company's services include personal banking and loans, personal insurance products, credit cards, pension savings accounts, term deposits, property development finance, commercial lending, investments and lease financing.


Source: Bloomberg



Key Stats

Source: Yahoo Finance.Data as of 05/08/25.


Price Performance

Growth Potential


  • Reasonable valuations with solid earnings growth over the next 12 months – SUN currently trades on a 2-yr forward PE-multiple of ~16x and a fully franked yield of ~4%. 
  • Better than expected premium growth to higher pricing outcomes. 
  • Capital management initiatives given the approval of SUN’s bank sale to ANZ. SUN could deliver around $4.1bn to its shareholders in 1Q 2025. Sale of the NZ Life business means on-market share buybacks are on the cards as well. 
  • Solid FY25 earnings outlook.
  • Better than expected margin outcome in its general insurance (GI) business relative to the previous year.
  • Improving return on equity (ROE) profile. 

Key Risks


  • Greater than expected competition in lines of insurance affecting pricing, unit growth, and risk management.
  • Continuing elevated natural catastrophe occurrences such as the NSW bushfires, which will use up reinsurance and impact SUN’s earnings.
  • Not achieving key targets for FY21 such as the rollout of the Company’s technology and digital platforms.
  • Weaker than expected investment yields.
  • Lower net interest margins or higher provisions than expected.
  • Increased levels of claims.

Subscribe to our newsletter

Disclaimer: This article does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.

Speak to an Advisor

The AI Trade Just Hit an Uncomfortable Question: What If Progress Slows?

September 15, 2026
The AI trade is being forced to rethink the pace of progress. Here is what investors should watch across Nvidia, chips, AI spending, software and adoption.

Copper Just Hit an All-Time High. But Where Is All the Copper?

September 9, 2026
Copper is at a record high, yet the global market still has a surplus. So where is all the copper, and why is it becoming harder to find?

AI Infrastructure, Not AI Hype: Alex Perry on Sharewise's Global Playbook

By Lavender Wong • September 1, 2026
Sharewise CEO Alex Perry sat down with ausbiz to unpack how the platform approached FY26, a year in which it reported an ASX return of almost 11% and a US return above 32%. The conversation ranged from the AI infrastructure theme to specific names on Perry's radar in resources and quantum computing. Here's a rundown of the key points.

Jackson Hole 2026: Warsh Sets Out the Fed’s New Policy Framework

August 31, 2026
Warsh gave markets a framework, not a forecast. What his first Jackson Hole keynote means for inflation, rates, forward guidance and the outlook for equities.

Stock Spotlight: Impact Minerals Limited​ (ASX: IPT)

August 26, 2026
Get the latest on Impact Minerals (ASX: IPT), including stock performance, technical analysis, forecasts & key insights. See if IPO supports your goals.

Stock Spotlight: Valiant Gold (ASX: VAL)

August 26, 2026
Get the latest on Valiant Gold (ASX: VAL) with our share price, technical analysis, forecasts & key insights. See if this ASX gold stock fits your investment goals.

Stock Spotlight: Percheron Therapeutics (ASX: PER)

August 26, 2026
Learn about Percheron Therapeutics (ASX: PER). Offering share price, technical analysis, forecasts & insights. See if this ASX biotech stock fits your goals.

Oil Is Back Above US$90 As Strait of Hormuz Risks Mount

August 19, 2026
Brent crude hits US$91 as US-Iran talks stall and Strait of Hormuz disruption persists. What's driving the move and what comes next for oil

Hawkish Hold: What the RBA's August Pause Really Signals

August 13, 2026
The RBA holds rates at 4.35% as inflation remains elevated. Here’s what the August decision means for the Australian economy, markets and key sectors.

From Compute to Cost: How AI's Next Phase Could Reshape Investment Winners

August 6, 2026
As AI becomes cheaper to deploy, could the next investment winners shift beyond chipmakers? Explore how the AI cost race is redefining future tech leaders.