Latest Financial Services News

MyState Group reports a robust 17% rise in underlying net profit after tax for FY25, driven by a successful merger with Auswide Bank and strong loan book expansion. The group declares an 11 cent fully franked dividend amid solid capital and operational momentum.

Four months after merging with Auswide, MyState reports robust FY25 growth, boosted by operational synergies and strategic investments.

MyState Limited has announced a fully franked ordinary dividend of AUD 0.11 per share for the half-year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 1.5% discount.

MyState Limited reports a transformative FY25 with a 64% loan book growth following its merger with Auswide Bank, delivering a 17% rise in underlying profit and declaring a fully franked final dividend.

HUB24 Limited has reported a standout FY25 with robust revenue growth, record net inflows, and a significant dividend increase, reinforcing its leadership in Australia's wealth management platform sector.

HUB24 has reported a stellar FY25 with a 38% jump in underlying EBITDA and a 47% increase in dividends, driven by record platform net inflows and expanding market share.

Challenger has reported a robust FY25 performance, with normalised net profit after tax rising 9% to $456 million and return on equity exceeding targets. The company’s strategic focus on annuities and digital transformation positions it well for continued growth in FY26.

Challenger Limited reported a 9% increase in normalised net profit after tax for FY25, driven by strong Life business cash earnings and resilient Funds Management performance despite net outflows. The company also announced an 11% dividend increase and provided positive FY26 EPS guidance amid ongoing regulatory reforms.

Challenger Limited reported a solid 9% rise in normalised NPAT to $456 million for FY25, alongside an 11% dividend increase to 29.5 cents per share, underscoring its strategic momentum and capital strength. The company’s outlook for FY26 remains positive, with guidance pointing to continued growth and shareholder returns amid evolving retirement income reforms.

Challenger Limited celebrates four decades with a robust 9% rise in net profit and a strategic digital transformation, positioning itself at the forefront of Australia’s retirement income market.

Challenger Limited reported a robust 48% increase in net profit after tax for FY2025, alongside a 4.6% rise in revenue and an 11.3% dividend hike, reflecting improved operational performance and financial resilience.

HUB24 Limited has announced a fully franked ordinary dividend of AUD 0.32 per share for the six months ending June 2025, signaling steady shareholder returns ahead of the payment date in October.