Latest Financial Services Sector News

Steadfast Group Limited has announced a fully franked ordinary dividend of AUD 0.117 per share for the half-year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount.

Perpetual Limited has announced an ordinary unfranked dividend of AUD 0.54 per share for the half-year ending June 2025, accompanied by a Dividend Reinvestment Plan offering shareholders a choice to reinvest without discount.

Generation Development Group (GDG) reported a striking 170% jump in underlying net profit after tax for FY25, driven by strong revenue growth and strategic acquisitions. The company’s expanding funds under management and new partnerships signal robust momentum ahead.

Smartgroup Corporation Ltd has announced a fully franked dividend of AUD 0.195 per share for the first half of 2025, payable in September. This steady payout reflects the company’s ongoing commitment to shareholder returns amid a stable financial period.

humm Group has disclosed the key terms of CEO Angelo Demasi’s employment agreement, highlighting a $750,000 salary and significant incentive opportunities tied to company performance.

Prime Financial Group delivered a robust FY25 performance, with revenue climbing 21% and Funds Under Management soaring 58% following a key acquisition. The company sets sights on doubling revenue within five years.

Prime Financial Group Ltd has reported a robust 21% increase in revenue to $49.4 million for FY25, alongside a 62% jump in net profit after tax. The company’s strategic acquisition of Lincoln Indicators Pty Ltd bolsters its wealth management capabilities and client base.

Centrepoint Alliance reported a 13.5% revenue increase and a 30.6% rise in pre-tax profit for the year ended June 2025, yet net profit after tax fell by 33.7%. The company maintained its final dividend at 1.75 cents per share.

The Australian Wealth Advisors Group Ltd (AWAG) reported a 13% revenue increase and a $1.2 million profit before tax in FY2025, driven by strategic Equity Partnership Scheme investments and a strong funds under management base.

Liberty Group has reported a solid 16% rise in statutory net profit after tax for FY25, alongside a 10% increase in underlying earnings and a new special dividend announcement.

Helia Group Limited has announced a combined ordinary and special dividend totaling AUD 0.43 per share, set for payment in mid-September 2025.

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.