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Australian Finance Group Ltd (ASX:AFG)

ALERT: Price-sensitive ASX Announcement for AFG
Current share price for AFG : $1.420 -0.115 (-7.49%)+
Announcement
Release
20 Aug 2026 7:55AM
Price at Release
$1.535
Full Release
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Summary
Australian Finance Group Ltd (AFG) reported robust financial performance for the fiscal year ending 30 June 2026, highlighting a 39% increase in net profit after tax to $48.5 million and a 33% rise in underlying NPATA to $54.4 million. The company achieved record residential mortgage settlements of $75 billion, reflecting an 18% growth, and the Distribution segment posted an EBITDA of $70.7 million, a 4% increase. AFG Securities boosted the Manufacturing segment's EBITDA by 107% to $33.1 million. With the Annual General Meeting scheduled for 16 October 2026, AFG continues to expand its broker network of over 4,300, reinforcing its commitment to growth, broker relationships, and capital allocation.
Key Points
  • AFG reported a strong financial year ending 30 June 2026.
  • Net profit after tax (NPAT) was $48.5 million, a 39% increase from the previous year.
  • Underlying NPATA rose by 33% to $54.4 million.
  • Residential mortgage settlements reached a record $75 billion, up 18%.
  • The Distribution segment's EBITDA was $70.7 million, up 4%.
  • AFG Securities drove the Manufacturing segment's EBITDA up by 107% to $33.1 million.
  • The company's AGM is scheduled for 16 October 2026.
  • AFG's network consists of over 4,300 brokers supporting over $85 billion in loans.
  • The company remains focused on growth, broker relationships, and capital allocation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.