InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. VanEck Australian Banks ETF (MVB)

VanEck Australian Banks ETF (ASX: MVB) - Share Price and Research

Current share price for MVB : $37.480 0.88 (2.29%)+

VanEck Australian Banks ETF (MVB) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. VanEck Australian Banks ETF (MVB, formerly VanEck Vectors Australian Banks ETF) invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns (before management costs) that closely track the returns of the MVIS Australia Banks Index.

MVB General Information +

ASX Code MVB
Website http://www.vaneck.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 218
MVB Share Price $37.480
Day High $38.340
Day Low $37.450
Last Close $38.360
MVB Share Price Movement $0.88 ( 2.29% )
Prices as at 16:40, 20 Dec 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

MVB Fund Information

Equity Australia Other
S&P/ASX 200 TR AUD
starstarstarstar
Not Rated
Investment Fund
14 Oct 2013
$227.21 million (as at 16 Dec 2024)

MVB ETF performance (30 Nov 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 4.98 8.36 23.83 48.18 21.17 17.64 13.74 9.59
Growth return 4.98 8.36 21.85 39.58 14.11 11.51 8.69 4.45
Income return (Yield) 0 0 1.98 8.6 7.06 6.13 5.05 5.14

Market index (S&P/ASX 200 TR AUD)
Total return 3.79 5.47 11.53 23.42 11.9 9.55 8.28 9.08

MVB Related Research

VanEck Australian Banks ETF (MVB) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 79¢ 85% 2 Dec 2024 17 Dec 2024 $37.480 $38.800 -
Result 48¢ 69% 1 Aug 2024 16 Aug 2024 $37.480 $38.800 -
HFResult 11¢ 100% 1 Jul 2024 23 Jul 2024 $37.480 $38.800 -

See all dividends from VanEck Australian Banks ETF (MVB) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

VanEck Australian Banks ETF (MVB) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
VanEck Australian Banks ETF (MVB) Financials $219 Dividend component details 10 Dec 2024 8:39AM $39.600 $37.480 fallen by 5.35%
VanEck Australian Banks ETF (MVB) Financials $219 Issued Units Outstanding as at 30 November 2024 6 Dec 2024 1:23PM $40.000 $37.480 fallen by 6.30%
VanEck Australian Banks ETF (MVB) Financials $219 Dividend Reinvestment Plan Prices 2 Dec 2024 2:31PM $40.110 $37.480 fallen by 6.56%
VanEck Australian Banks ETF (MVB) Financials $219 Final Dividend/Distribution for period ending 30 Nov 2024 29 Nov 2024 8:42AM $41.090 $37.480 fallen by 8.79%
VanEck Australian Banks ETF (MVB) Financials $219 Dividend Timetable 25 Nov 2024 9:28AM $41.470 $37.480 fallen by 9.62%
VanEck Australian Banks ETF (MVB) Financials $219 Issued Units Outstanding as at 31 October 2024 7 Nov 2024 8:49AM $39.260 $37.480 fallen by 4.53%

MVB Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $49.35 $909.30 160.80% 3.40 192.00 6.20% 88.0%
2023A $21.75 $348.70 -266.10% 8.40 174.00 5.90% 68.6%
2022A -$14.24 -$210.00 -124.80% 0.00 115.00 3.80% 0.0%

MVB Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
HMC Capital (HMC) $3,967M 0.0191 0.0000 0.0000 46.1170 0.0000 0.0000 1.25% 0.00% 0.00%
Insignia Financial (IFL) $2,415M 0.6567 -0.2226 0.0203 7.5821 9.7535 9.5592 2.58% 2.22% 6.67%
VanEck Australian Banks ETF (MVB) $224M 1.6078 0.0000 0.0000 4.2187 0.0000 0.0000 5.01% 0.00% 0.00%
Netwealth Group (NWL) $6,930M 0.2382 0.2487 0.2325 83.0205 66.4866 53.9444 0.99% 1.25% 1.51%
Pinnacle Investment Management Group (PNI) $5,133M 0.1667 0.1969 0.1911 50.3297 42.0492 35.3014 1.83% 2.14% 2.55%

MVB Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 4.12 1.07 0.00
Market 0.26 13.50 1.06 0.85
Sector 0.29 13.00 1.04 0.74

MVB Directors

Name Position Start Date
Mr Jonathan Simon Non-Executive Director 19 Aug 2015
Mr Arian Neiron Non-Executive Director 12 Apr 2013
Mr Michael Brown Non-Executive Director 27 Dec 2013
Mr Jan van Eck Non-Executive Director 12 Apr 2013
Mr Bruce Smith Non-Executive Director 12 Apr 2013

VanEck Australian Banks ETF (MVB) Changes in Directors' Interest & Trades

There are no directors' trades from VanEck Australian Banks ETF (MVB). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MVB Management

Name Position
Timothy Bethe Company Secretary

FAQs about VanEck Australian Banks ETF (MVB)

VanEck Australian Banks ETF's (MVB) current share price is $37.48. This constitutes a price movement of 3.40% when compared to the share price 7 days ago and is -9.62% below MVB's 12-month high of $41.47 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $38.36, VanEck Australian Banks ETF's (MVB) current share price of $37.48 constitutes a movement of -$0.88 or -2.29%. VanEck Australian Banks ETF's (MVB) share price movement is -3.40% when compared to 7 days ago and is -9.62% below MVB's 52-week high of $41.47.

VanEck Australian Banks ETF's (MVB) 52-week high is $41.47 which was reached on 22 Nov 2024. Relative to this, MVB's current share price of $37.48 constitutes a -$3.99 or -9.62% drop since that high of $41.47 per MVB share.

VanEck Australian Banks ETF's (MVB) 52-week low is $30.15 which was reached on 4 Jan 2024. Relative to this, MVB's current share price of $37.48 constitutes a $7.33 or 24.31% gain since that low of $30.15 per MVB share.

VanEck Australian Banks ETF's (MVB) current market capitalisation is $218,636,507. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

VanEck Australian Banks ETF (MVB) last distribution or dividend was $0.79 per share and was paid on 17 Dec 2024. This last MVB distribution or dividend included 85% franking.

Upcoming ex-distribution date: 2 Dec 2024

Upcoming record date: 3 Dec 2024

Upcoming payment date: 17 Dec 2024

ETFs, such as VanEck Australian Banks ETF (MVB), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like VanEck Australian Banks ETF (MVB), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within VanEck Australian Banks ETF (MVB).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

VanEck Australian Banks ETF (MVB) has a franking level of 88%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

VanEck Australian Banks ETF (MVB) has a current dividend yield of 5.50% this year. Last year's dividend yield was 6%. The dividend yield for MVB is a ratio that tells you the percentage of VanEck Australian Banks ETF (MVB)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.