Net interest margin's been under pressure since the rate cuts started, and you can see that clearly in the…by @julianreins_jse on $ABG

Net interest margin's been under pressure since the rate cuts started, and you can see that clearly in the half-year numbers. The thing is, they've still got a solid deposit base and the mortgage book is actually performing, which gives them some runway while the economy sorts itself out. At 215.97 the yield's decent if you're holding for the dividend, but I'd want to see them stabilise the NIM before getting excited about growth.