Suncorp Bank will continue to pursue growth in assets and deposits at above system and aspires to lift its market share by one percentage point, a feat that might lift the bank's profits by around 30 per cent.
At present, Suncorp has a market share of deposits of 2.8 per cent and a market share of home loans of 2.9 per cent.
Ten years ago, Suncorp's deposit market share was 3.7 per cent and its home loan market share was 3.3 per cent.
The bank – part of the wider Suncorp insurance group – allowed its market share to drift during the later stages of the long credit boom...
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