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Showing 91 - 100 of 263 results for "NPAT"

Iress records 29% jump in profit

CASSANDRA BALDINI | THURSDAY, 18 AUG 2022

Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds. The increase comes in its half-year results (H1 22) which also showed revenues ...

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI | WEDNESDAY, 17 AUG 2022

... adjusted net profit after tax and declared a significantly lower dividend. Magellan has reported a 3% drop in its adjusted NPAT to $399.7 million. Last year it was $412.4 million. Its average funds under management (FUM) also suffered a loss, dropping ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON | THURSDAY, 11 AUG 2022

... 2021 as well as the release of AMP Bank credit loss provision which was partially offset by cost reductions. Its statutory NPAT more than tripled from $146 million to $481 million, largely driven by the gain on sale of the infrastructure debt platform ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN | TUESDAY, 12 APR 2022

... benchmark for performance. Iress reaffirmed that segment profit is expected to grow 7-10%. Underlying net profit after tax (NPAT) is expected to grow 25-37% and 2022 underlying earnings per share in the range of 40cps to 44cps on a constant currency ...

HUB24 continues growth trajectory

ELIZABETH MCARTHUR | TUESDAY, 22 FEB 2022

HUB24's latest half-year results show continued growth for the platform, with NPAT up 103% on the previous corresponding period. The company reported NPAT of $14.2 million for the period, up 103% on the first half of 2021. Group underlying EBITDA also ...

Challenger delivers strong result

ELIZABETH MCARTHUR | THURSDAY, 17 FEB 2022

... or $1.4 billion. In Challenger's funds management business, AUM grew 20% to $109 billion. Normalised net profit after tax (NPAT) was up 21% to $166 million, and statutory net profit after tax increased by 27% to $282 million and included strong investment ...

CBA posts strong result, dividend

ELIZABETH MCARTHUR | WEDNESDAY, 9 FEB 2022

... half results for 2022 with profit and dividend up significantly on the first half of 2021. The big bank reported statutory NPAT of $4.7 billion, up 26% on 1H21. Cash NPAT was up 23%, also at $4.7 billion. CBA paid a fully franked interim dividend of ...

Pinnacle hires retail distribution lead

KARREN VERGARA | MONDAY, 7 FEB 2022

... Australia and MLC. Pinnacle recently reported a net profit after tax of $40.1 million in the half-year to December 2021. Total NPAT for the period jumped 32% year on year, with some $6.4 million emanating from performance fees. Pinnacle now has 16 affiliates ...

Pinnacle folds boutique

KARREN VERGARA | THURSDAY, 3 FEB 2022

... decision" and the loss ultimately lowered net profit after tax to $40.1 million in the half-year to December 2021. Total NPAT for the period jumped 32% year on year; some $6.4 million came from performance fees. Pinnacle now has 16 affiliates with a ...

IOOF restructures technology division

ANNABELLE DICKSON | FRIDAY, 8 OCT 2021

... full 12 months of contribution from ANZ's Pensions and Investments business, and a month of MLC. Meanwhile, underlying NPAT grew 19% to $147.8 million. Reported net loss after tax of $143.5 million was driven by previously reported non-cash impairment ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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