Latest Financial Services News

Finexia Financial Group has formally ended preliminary discussions with Salter Brothers regarding a potential reverse listing and is seeking immediate reinstatement of its ASX securities.

hummgroup and The Abercrombie Group have mutually agreed to end discussions on an unsolicited acquisition proposal, with TAG withdrawing its offer that included a 35% premium. The Independent Board Committee now shifts focus to operational execution and shareholder value.

FSI’s FY2025 portfolio posted a modest 5.0% return, trailing the ASX All Ordinaries Index, while maintaining dividend growth and planning a strategic move into pre-IPO investments.

National Australia Bank has reported strong half-year cash earnings of $7.1 billion and announced a fully franked final dividend of 85 cents per share, underscoring its steady financial performance and commitment to customer security.

Clime Investment Management is issuing free bonus options to shareholders, offering a new opportunity to increase holdings at a fixed exercise price before mid-2026.

Bentley Capital Limited is poised to lift its trading suspension on 6 November 2025 following a key announcement addressing legal costs and regulatory queries.

Bentley Capital Limited has addressed a sharp 70% rise in its share price and a spike in trading volume, attributing the movement to ongoing legal proceedings rather than undisclosed information.

Bentley Capital is seeking to recover 50% of legal costs from Keybridge Capital following a Federal Court ruling related to director William Johnson’s litigation expenses. Settlement talks are underway as the exact amount awaits judicial assessment.

Clime Capital reports an unaudited pre-tax NTA of 78.55 cents per share and announces a December quarter dividend guidance of 1.35 cents, maintaining an active share buyback program.

FSA Group Limited has raised its profit before tax guidance for the 2026 financial year, projecting a significant increase driven by loan growth and operational efficiencies.

National Australia Bank reported a modest rise in underlying profit for FY25, driven by robust revenue and volume growth in the second half, alongside continued technology modernization and sustainability progress.

National Australia Bank reported a 1% increase in underlying profit for FY25, with strong deposit growth and higher credit impairment charges marking the year. The bank maintained solid capital ratios and announced an 85 cent fully franked dividend.