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

Current share price for MVB : $41.160 0.66 (1.63%)+

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) 233
MVB Share Price $41.160
Day High $41.200
Day Low $40.800
Last Close $40.500
MVB Share Price Movement $0.66 ( 1.63% )
Prices as at 16:40, 21 Nov 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
$234.93 million (as at 19 Nov 2024)

MVB ETF performance (31 Oct 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 2.58 6.03 22.19 49.23 19.38 13.01 11.93 8.83
Growth return 2.58 4.66 20.23 40.57 12.42 7.12 6.96 3.72
Income return (Yield) 0 1.37 1.96 8.66 6.96 5.89 4.97 5.11

Market index (S&P/ASX 200 TR AUD)
Total return -1.31 2.1 8.44 24.89 13.39 8.01 8.17 8.32

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 48¢ 69% 1 Aug 2024 16 Aug 2024 $41.160 $39.660 -
HFResult 11¢ 100% 1 Jul 2024 23 Jul 2024 $41.160 $39.660 -
Result 49¢ 100% 2 Apr 2024 17 Apr 2024 $41.160 $39.660 -

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 $234 Issued Units Outstanding as at 31 October 2024 7 Nov 2024 8:49AM $39.260 $41.160 risen by 4.84%
VanEck Australian Banks ETF (MVB) Financials $234 Issued Units Outstanding as at 30 September 2024 4 Oct 2024 9:15AM $37.320 $41.160 risen by 10.29%
VanEck Australian Banks ETF (MVB) Financials $234 Annual Report FYE 30 June 2024 30 Sep 2024 2:55PM $38.070 $41.160 risen by 8.12%
VanEck Australian Banks ETF (MVB) Financials $234 Issued Units Outstanding as at 31 August 2024 6 Sep 2024 8:41AM $38.340 $41.160 risen by 7.36%
VanEck Australian Banks ETF (MVB) Financials $234 Replacement Product Disclosure Statement 21 Aug 2024 3:04PM $36.800 $41.160 risen by 11.85%
VanEck Australian Banks ETF (MVB) Financials $234 Dividend component details 8 Aug 2024 4:23PM $34.415 $41.160 risen by 19.60%

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) $4,815M 0.0191 0.0000 0.0000 55.9923 0.0000 0.0000 1.03% 0.00% 0.00%
VanEck Australian Banks ETF (MVB) $234M 1.6078 0.0000 0.0000 4.5288 0.0000 0.0000 4.66% 0.00% 0.00%
Netwealth Group (NWL) $7,483M 0.2382 0.2487 0.2325 89.6481 71.7943 58.2508 0.92% 1.15% 1.40%
Pinnacle Investment Management Group (PNI) $4,356M 0.1667 0.1969 0.1911 47.1209 39.3683 33.0507 1.96% 2.29% 2.72%
Perpetual (PPT) $2,453M -0.1521 0.2241 -0.0452 15.0803 12.3195 12.9028 5.51% 6.07% 5.60%

MVB Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 4.45 1.15 0.00
Market 0.47 13.90 1.09 0.93
Sector 0.62 13.60 1.05 0.99

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 $41.16. This constitutes a price movement of 3.78% when compared to the share price 7 days ago and is -0.05% below MVB's 12-month high of $41.18 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $40.50, VanEck Australian Banks ETF's (MVB) current share price of $41.16 constitutes a movement of $0.66 or 1.63%. VanEck Australian Banks ETF's (MVB) share price movement is 3.78% when compared to 7 days ago and is -0.05% below MVB's 52-week high of $41.18.

VanEck Australian Banks ETF's (MVB) 52-week high is $41.18 which was reached on 19 Nov 2024. Relative to this, MVB's current share price of $41.16 constitutes a -$0.02 or -0.05% drop since that high of $41.18 per MVB share.

VanEck Australian Banks ETF's (MVB) 52-week low is $28.44 which was reached on 1 Dec 2023. Relative to this, MVB's current share price of $41.16 constitutes a $12.72 or 44.73% gain since that low of $28.44 per MVB share.

VanEck Australian Banks ETF's (MVB) current market capitalisation is $233,517,885. 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 $0.48 per share and was paid on 16 Aug 2024. This last MVB distribution or dividend included 69% franking.

Upcoming ex-distribution date: 1 Aug 2024

Upcoming record date: 2 Aug 2024

Upcoming payment date: 16 Aug 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.

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