Auswide Bank Ltd. (ASX:ABA) will seek M&A opportunities. During the presentation of the company's interim results for the 2023 financial year, Martin Barrett, Managing Director of Auswide Bank, said that ‘Another area that we will step up over the next 3-year period is our focus on M&A opportunities. We are interested in other ADIs but also on adjacencies such as business and consumer lending opportunities.

Our focus will be on niches in these areas where the business can benefit from our funding capability to support well-considered risk and profitable growth. So in summary then, we continue to grow profitably. We have a high-quality loan book, we've continued to invest for our future, we have an achievable and exciting plan for profitable organic growth over the next 3 years, and we will be stepping up the focus on M&A opportunities'.