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Showing 221 - 230 of 263 results for "NPAT"

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
... Earnings before interest and tax stood at $365 million, up 8% on the same period last year. Normalised net profit after tax (NPAT) was also up 4% to $309 million while statutory NPAT rose to $417 million from $149 million, an increase of 180%. Challenger's ...

BOQ to fork out $46 million over interest rate botch

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
... said that the refund will be treated as a one-off legacy item for the 2013 financial year, and will "not impact normalised NPAT" (net profit after tax.) The legacy issues date back as far as 2004, the bank said, and affect about 4% of BOQ's customers. ...

Suncorp Life profit to drop 75%

LAURA MILLAN  |  MONDAY, 5 AUG 2013
Suncorp Life net profit after tax (NPAT) is expected to drop approximately 75% due to increasing discount rates and the poor performance of the life insurance division. The company made public a financial update of its preliminary results for financial ...

ClearView advisers up by 45%

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
... under management of over $200 million on WealthSolutions. The company reported an underlying net profit after tax (underlying NPAT) of $8.5 million in the first half of financial year 2013 and it expects to reach an underlying NPAT between $15 million ...

Annuities boost Challenger growth

LAURA MILLAN  |  THURSDAY, 28 FEB 2013
... represents an increase of 17 per cent on the pcp (previous corresponding period). The company's half year net profit after tax (NPAT) was also up 17% to $149 million.

Challenger ready for new capital rules

BEN COLLINS  |  TUESDAY, 27 NOV 2012
... to falls in the value of its investments held by the funds management business, however normalised net profit after tax (NPAT) was $297 million, up 20%. The NPAT amount is used to work out dividend payments and the earnings-per-share figure. "In volatile ...

Customer owned bank attracts investors

MELANIE TIMBRELL  |  TUESDAY, 4 SEP 2012
Customer owned bankmecu has attributed NPAT of $27.02 million for its second year to the broader appeal of a cooperative enterprise in the banking space. Managing director Damien Walsh called the result, a decrease of 1.78% on the prior corresponding ...

Self-reliant investors need professional advice: SFG

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
... professional advice, according to SFGA's managing director Tony Fenning, who yesterday delivered a 6% increase in FY12 underlying NPAT for the merged advice firm. Fenning said the Group's strong performance was attributable to reinvestment in client ...

Challenger attributes 20% profit growth to annuity/life

MELANIE TIMBRELL  |  MONDAY, 20 AUG 2012
Challenger Limited has announced a normalised net profit after tax (NPAT) of $297 million for FY12, up 20% on FY11 following record Life and retail annuity product sales. Challenger's Life division posted total product sales of $2.66 billion, with a ...

Trust Company focuses on regional integration

MELANIE TIMBRELL  |  WEDNESDAY, 18 APR 2012
... investment market have been identified as potential challenges to FY13 results with projected impact on 1H Net Profit After Tax (NPAT) of around $2 million (pre tax). "In FY13, we are expecting to see a significant improvement in the underlying performance ...