The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Search Results

Showing 21 - 30 of 50 results for "Statutory NPAT"

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA | MONDAY, 14 AUG 2023

... revenues rose 8% to $73.3 million in the period, underlying net profit after tax trended down 4% to $15.1 million. Statutory NPAT was also down 7% year on year to $12.3 million. "Our focus will remain on generating inflows through organic and inorganic ...

AMP provisions $50m in response to class action

ANDREW MCKEAN | THURSDAY, 10 AUG 2023

... an underlying Net Profit After Tax (NPAT) of $112 million, closely mirroring its 1H22 performance. AMP posted a statutory NPAT of $261 million for 1H23, marking a decline from the $469 million observed in 1H22. The previous corresponding period's ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON | THURSDAY, 23 FEB 2023

... period. Its underlying net profit after tax came in at $13 million, up 2.5% on the prior corresponding period. Its statutory NPAT was $7.6 million, accounting for costs associated with acquiring AET and its technology investment program. Meanwhile, the ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN | TUESDAY, 21 FEB 2023

... net profit after tax (NPAT) grew 87% to $26.6 million and underlying EBITDA was $49.9 million, up 68% on 1H22. Statutory NPAT was $15.5 million, an 85% increase, including $2.8 million (after tax) of strategic and project costs. Earnings per share rose ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA | MONDAY, 13 FEB 2023

... capture the ESG segment. The group's underlying net profit after tax dipped 9% to $7 million year on year, while statutory NPAT dropped 17% to $5.5 million. The ASX-listed firm now has 181 staff in total, with four new offices opening in South Australia ...

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI | WEDNESDAY, 17 AUG 2022

... end it was $60.2 billion. This is as a result of both outflows and investment performance. Magellan reported its statutory NPAT increased 44% to $383.0 million from $265.2 million in 2021. In a statement, it said the directors declared a dividend of ...

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 ...

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 ...

Pendal open to more acquisitions

KANIKA SOOD | FRIDAY, 23 JUL 2021

... we have talked about but there is no immediate expansion pressure," Good said. Pendal reported a 64% increase in statutory NPAT to $89.9 million and 8% increase in underlying profit after tax $82.6 million in the half-year ending March. It was a beneficiary ...

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON | MONDAY, 10 MAY 2021

... distribution channels, clients and consultant relationships. Further to this, Pendal recorded a 64% increase in statutory NPAT to $89.9 million and underlying profit after tax rose 8% to 82.6 million. FUM rose 10% to $101.7 billion as a result of positive ...

PAGE:

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.

Videos

Brought to you by

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Maintaining a fundamental focus in a world obsessed with the short term

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

A guaranteed future

Follow the leaders

Strength amid noise

The market has changed. The opportunity hasn't.

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE