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Showing 61 - 70 of 166 results for "Cash earnings"

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
... via a reinsurance arrangement with "a major global insurer". As a result, NAB expects a reduction in NAB Wealth cash earnings (currently up 28.2% to $223 million) of "approximately" $25 million per annum.

Bendigo lifts half-year cash earnings by 10.9%

ALEX BURKE  |  MONDAY, 16 FEB 2015
Bendigo and Adelaide Bank (BEN) announced underlying cash earnings of $217.9 million in the six months to 31 December 2014, a 10.9% increase on the previous half-year. After tax statutory profit was $227.3 million, and cash earnings per share were 48.1c. ...

NAB profits dip on UK write down

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
National Australia Bank has announced annual 2014 net profit of $5.3 billion, a 1.1% decrease from 2013. Cash earnings and cash return on equity also dropped. NAB announced cash earnings of $5.18 billion and cash return on equity of 11.8%, a 9.8% and ...

CBA wealth division shrugs off falling market

MARK SMITH  |  WEDNESDAY, 5 NOV 2014
... the three months to 30 September, while equity markets ended the period lower. Overall, the bank posted unaudited cash earnings of $2.3 billion, while statutory net profit was approximately $2.4 billion. The company is on-track to beat its record full-year ...

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
... to a solid full year result, according to the wealth manager. The company reported a 16% year-on-year increase in cash earnings to $895 million and funds under management growth of 21%. "We have stayed close to advisers and helped them navigate through ...

BTIM posts record profit

MARK SMITH  |  THURSDAY, 30 OCT 2014
... post a record $127 million. For the 12 month to end of September, statutory NPAT was up 137% to $121.5 million and cash earnings per share were 42.6 cents per share, up 100 per cent on the previous year. The company has declared a final dividend of 19.0 ...

NAB wealth returns "below acceptable levels"

LAURA MILLAN & AAP  |  THURSDAY, 30 OCT 2014
... billion hit from provisions and impairments, most of them linked to NAB's division in the United Kingdom. NAB Wealth cash earnings were up 13.4% to $365 million for the year to September 2014 and were driven mainly by higher investment returns. "Wealth ...

NAB takes a $1bn hit

AAP  |  THURSDAY, 9 OCT 2014
... a string of writedowns and provisions, chiefly linked to misconduct by its troubled UK business. NAB expects its cash earnings for the year to September 30 to be between $5.1 and $5.2 billion, down from $5.94 billion a year ago. But, it said, it would ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
... assist the achievement of "step-up increases in Challenger Life's FY15 retail book growth target range to 12%-14% and cash earnings guidance to $535-$545 million." The group's chief executive Brian Benari told Financial Standard that virtually all the ...

Challenger to raise $530m to fund further annuities growth

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
... assist the achievement of step-up increases in Challenger Life's FY15 retail book growth target range to 12%-14% and cash earnings guidance to $535-$545 million. Total annuity sales of $3.38 billion and strong performance from its funds management division ...