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Suncorp Group (AU:SUN)
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Suncorp Group (SUN) AI Stock Analysis

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AU:SUN

Suncorp Group

(Sydney:SUN)

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Outperform 71 (OpenAI - 4o)
Rating:71Outperform
Price Target:
AU$22.50
▲(10.29% Upside)
Suncorp Group's strong financial performance and attractive valuation are the primary drivers of its stock score. However, technical analysis indicates potential bearish momentum, which slightly offsets the positive financial and valuation aspects. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Suncorp Group (SUN) vs. iShares MSCI Australia ETF (EWA)

Suncorp Group Business Overview & Revenue Model

Company DescriptionSuncorp Group (SUN) is a leading financial services company based in Australia and New Zealand. It operates through three main segments: Insurance, Banking & Wealth, and Suncorp New Zealand. The company offers a broad range of products and services including general insurance, life insurance, banking solutions, and investment management. Suncorp is known for its strong portfolio of brands, such as AAMI, GIO, Apia, and Vero, which provide tailored financial solutions to a diverse customer base.
How the Company Makes MoneySuncorp Group makes money primarily through its diversified financial services operations. The Insurance segment is a key revenue driver, generating income from premiums on general and life insurance policies. This includes car, home, and health insurance products. The Banking & Wealth segment contributes to earnings through interest income from loans, mortgages, and investment products, as well as fees from financial advisory services. Suncorp New Zealand adds to the revenue mix with similar insurance and banking offerings. Additionally, the company benefits from investment returns on its insurance funds and capital. Strategic partnerships and a focus on digital transformation also play a role in enhancing its revenue streams by expanding market reach and improving customer engagement.

Suncorp Group Financial Statement Overview

Summary
Suncorp Group exhibits strong financial performance with robust revenue and profit growth, improved leverage, and effective cash flow management. While profitability and cash flow metrics are solid, the company should continue to focus on strengthening its equity position to mitigate potential risks.
Income Statement
85
Very Positive
Suncorp Group demonstrates strong revenue growth with a 13.86% increase in the latest year, indicating robust business expansion. The gross profit margin is healthy at 21.08%, and the net profit margin has improved to 10.82%, reflecting enhanced profitability. EBIT and EBITDA margins are also solid, showing effective cost management and operational efficiency.
Balance Sheet
70
Positive
The company's debt-to-equity ratio has significantly improved to 0.24, indicating reduced leverage and a stronger equity position. Return on equity is strong at 17.24%, showcasing effective use of shareholder funds. However, the equity ratio is relatively low, suggesting potential risks in asset financing.
Cash Flow
78
Positive
Suncorp Group's free cash flow growth of 9.91% is a positive indicator of financial health. The operating cash flow to net income ratio of 0.86 suggests good cash generation relative to earnings. The free cash flow to net income ratio remains stable at 1.0, indicating consistent cash flow management.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue15.91B16.85B13.33B16.04B13.67B12.82B
Gross Profit3.55B3.55B13.33B16.04B13.67B12.82B
EBITDA2.25B2.93B1.64B1.20B1.45B2.24B
Net Income1.82B1.82B1.20B1.15B681.00M1.03B
Balance Sheet
Total Assets30.36B30.36B111.71B115.05B106.43B97.04B
Cash, Cash Equivalents and Short-Term Investments22.28B22.28B18.03B5.56B3.79B2.62B
Total Debt2.53B2.53B2.52B26.54B23.53B21.12B
Total Liabilities19.74B19.74B97.83B101.70B93.65B83.59B
Stockholders Equity10.58B10.58B13.84B13.31B12.75B13.42B
Cash Flow
Free Cash Flow2.70B2.55B2.43B742.00M2.48B4.34B
Operating Cash Flow2.70B2.55B2.43B742.00M2.48B4.34B
Investing Cash Flow1.63B1.63B-4.65B-1.12B-2.24B-1.40B
Financing Cash Flow-5.91B-5.91B-333.00M2.21B903.00M-1.67B

Suncorp Group Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price20.40
Price Trends
50DMA
20.56
Negative
100DMA
20.52
Negative
200DMA
19.60
Positive
Market Momentum
MACD
-0.03
Positive
RSI
41.81
Neutral
STOCH
8.55
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SUN, the sentiment is Neutral. The current price of 20.4 is below the 20-day moving average (MA) of 21.01, below the 50-day MA of 20.56, and above the 200-day MA of 19.60, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 41.81 is Neutral, neither overbought nor oversold. The STOCH value of 8.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SUN.

Suncorp Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
13.47B26.900.00%3.68%6.37%1.73%
72
Outperform
3.70B18.5417.98%3.81%5.90%7.22%
72
Outperform
30.65B10.1516.58%4.63%5.93%14.80%
71
Outperform
$22.09B14.4812.51%23.31%-0.54%
65
Neutral
3.83B21.2710.64%2.77%10.98%23.05%
65
Neutral
19.66B14.4518.54%3.73%8.47%54.09%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SUN
Suncorp Group
20.40
3.07
17.72%
DE:A5H
AUB Group
18.30
-0.19
-1.03%
IAUGF
Insurance Australia Group Limited
5.51
0.52
10.42%
MDBPF
Medibank Private
3.17
1.27
66.84%
DE:3GU
NIB Holdings Ltd
3.98
0.78
24.37%
QBEIF
QBE Insurance Group Limited
13.40
2.47
22.60%

Suncorp Group Corporate Events

Suncorp Group Announces Cessation of Share Rights
Jul 8, 2025

Suncorp Group Limited announced the cessation of 4,579 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement reflects a minor adjustment in the company’s issued capital, with no immediate significant impact on its operations or market positioning.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces Successful FY26 Reinsurance Program Renewal
Jun 30, 2025

Suncorp Group has successfully renewed its FY26 reinsurance program, benefiting from increased capacity and improved pricing in the reinsurance market. This renewal follows a strategic review aimed at optimizing shareholder value and managing earnings volatility. The new reinsurance structure includes a multi-year solution with a profit-sharing mechanism, expected to reduce costs compared to FY25. The changes are anticipated to lower reinsurance premiums and maintain risk retention levels, with no material impact on the company’s capital targets. Suncorp plans to continue monitoring reinsurance markets and adjust strategies to support organic growth while maintaining its insurance margin.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces Leadership Transition with New Chairman
Jun 26, 2025

Suncorp Group announced the retirement of Christine McLoughlin AM as Chairman, with Duncan West set to succeed her following the Annual General Meeting in September 2025. McLoughlin’s tenure saw the company navigate significant challenges, including the COVID-19 pandemic and the sale of Suncorp Bank, while transforming into a dedicated general insurer. West, with extensive experience in the insurance and financial services sectors, is expected to continue leading Suncorp’s strategic direction and delivering outcomes for stakeholders.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces No Voting Shares Held by Controlled Entities
Jun 23, 2025

Suncorp Group has announced that as of June 19, 2025, its controlled entities hold no voting shares and have no net economic exposure to its ordinary shares, as per an exemption by the ASIC under Section 259C (2) of the Corporations Act 2001. This indicates that the company and its controlled entities currently do not influence voting or disposal of shares, which may impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces New Dividend Distribution for SUNPJ
Jun 17, 2025

Suncorp Group Limited has announced a new dividend distribution for its security SUNPJ, with a distribution amount of AUD 1.1489, fully franked. The distribution rate was calculated at 4.5583% per annum, based on a bank bill rate and margin, and is set to be paid on September 17, 2025. This announcement reflects Suncorp’s ongoing commitment to delivering value to its stakeholders and maintaining a stable financial performance.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces New Dividend Distribution for SUNPI
Jun 17, 2025

Suncorp Group Limited has announced a new dividend distribution for its security SUNPI, with a distribution amount of AUD 1.1666, fully franked. This distribution is set to be paid on September 17, 2025, with an ex-date of September 2, 2025, and a record date of September 3, 2025. The distribution rate was calculated at 4.6283% per annum, based on a bank bill rate plus a margin, adjusted for tax. This announcement reflects Suncorp’s ongoing commitment to providing returns to its stakeholders and maintaining its position in the financial services market.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces New Distribution for SUNPH Security
Jun 17, 2025

Suncorp Group Limited has announced a new distribution for its security SUNPH, with a cash amount of AUD 1.18420000, fully franked, to be paid on September 17, 2025. This distribution reflects a calculated rate of 4.6983% per annum, based on the current Bank Bill Rate and a margin, highlighting Suncorp’s commitment to delivering value to its stakeholders through regular financial returns.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces Company Secretary Transition
May 30, 2025

Suncorp Group Limited announced a change in its company secretary position, with Mr. Darren Solomon retiring and Mr. Matthew Leslie taking over the role effective June 1, 2025. This transition is part of the company’s ongoing efforts to maintain effective governance and communication with the Australian Securities Exchange, with Ms. Cassandra Hamlin continuing her role in this capacity.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Director Increases Investment in Capital Notes
May 14, 2025

Suncorp Group Limited announced a change in the director’s interest, specifically regarding Gillian Brown’s indirect holdings. The change involved the acquisition of 104 Capital Notes 5 (SUNPJ) on the market, increasing her indirect holdings to 300 Capital Notes 5. This update reflects the director’s increased investment in the company’s financial instruments, which may indicate confidence in Suncorp’s market positioning and future performance.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Reports on Natural Hazards and Capital Management
May 8, 2025

Suncorp Group has reported significant natural hazard costs amounting to $1,115 million for the ten months ending April 2025, following 15 major weather events. Despite these challenges, Suncorp’s capital position remains strong, with plans to consider capital management initiatives later in the year. The company is also enhancing its disaster response capabilities through investments in its Disaster Management Centre, which was effectively utilized during ex-Tropical Cyclone Alfred. Additionally, Suncorp has announced the appointment of Matt Leslie as the new Company Secretary, succeeding Darren Solomon.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 19, 2025