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Showing 141 - 150 of 263 results for "NPAT"

FSU wants CBA to up pay

ELIZABETH MCARTHUR | THURSDAY, 13 AUG 2020

... divestment of its wealth business. Cash net profit for the bank took a hit of 11.3% compared to FY19 at $7.29 billion. Statutory NPAT increased due to gains on sale from divestments, up 12.4% to $9.63 billion.

Magellan readies lower-cost funds

KANIKA SOOD | WEDNESDAY, 12 AUG 2020

... from the ATO (that gives it an idea of the taxation) and is in talks with other regulators. Magellan Financial Group's NPAT for FY20 stood at $396.2 million, up 5% from previous year. Adjusted NPTA was $438.3 million, up 20%. In total, Magellan attracted ...

CBA profit takes hit, dividend cut

ELIZA BAVIN | WEDNESDAY, 12 AUG 2020

... the impact of the pandemic. Cash net profit after tax took a hit, down 11.3% compared to FY19 at $7.29 billion. Statutory NPAT increased due to gains on sale from divestments, up 12.4% to $9.63 billion. The bank declared a final dividend of 98 cents ...

Tough year at Challenger

KANIKA SOOD | TUESDAY, 11 AUG 2020

... statutory net loss for FY20, as its investments fell by $750 million during the COVID-19 pandemic. The -$416 million statutory NPAT is a stark contrast to previous years, where it reported $308 million in FY19 and $323 million in FY18. Normalised NPAT ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD | TUESDAY, 4 AUG 2020

... billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million. PNI this morning reported $58.7 billion in total funds under management at June 30, up 8% over ...

Alan Dixon steps down at Evans Dixon

KANIKA SOOD | FRIDAY, 3 JUL 2020

... results for FY20, Evans Dixon reported net revenue of $103 million, down 7% to previous financial year's first half. Statutory NPAT was $2.1 million, down 83% from previous corresponding period's $12.4 million. This year, the ASX-listed URF has returned ...

COVID-19 deepens life insurer losses

KANIKA SOOD | FRIDAY, 29 MAY 2020

... products reported a combined net loss after tax of $191.3 million in March quarter. For the full year ending March, their NPAT was -$1.6 billion compared to a loss of $94 billion. Within the risk universe, individual disability income insurance was the ...

Pendal's product pipeline for 2020

KANIKA SOOD | MONDAY, 11 MAY 2020

... to outflows, and $15.7 billion to investment-related factors (performance, market movements and distribution). Statutory NPAT for first half of FY20 was down 21% over first half of FY19 to $54.8 million. Base management fees were largely unchanged at ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD | WEDNESDAY, 1 APR 2020

... clarity." Abano reported half year (to November end) financials as gross revenue of $175.8 million, EBITDA of $23.9 million and NPAT of $0.1 million from an underlying NPAT of $5.5 million. BGH Capital is headquartered in Melbourne and was founded in ...

Evans Dixon hires former Macquarie chair

KANIKA SOOD | FRIDAY, 28 FEB 2020

... revenue (down 7%) and underlying EBITDA of $20.9 million (down 22%), as it conducted a firm-wide operational review. Statutory NPAT was $2.1 million (down from $12.4 million) and underlying NPATA was $8.8 million (down 41%). The company laid off 123 ...

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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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