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AMP Limited (ASX:AMP)

ALERT: Price-sensitive ASX Announcement for AMP
Current share price for AMP : $2.565 0.385 (17.66%)+
Announcement
Release
6 Aug 2026 8:17AM
Price at Release
$2.180
Full Release
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Summary
AMP Limited's half-year report for the period ending 30 June 2026 showed significant improvement in financial performance, with a statutory profit of $154 million, a 57.1% increase from the previous year. The underlying NPAT rose by 32.8% to $174 million. The company reported basic earnings per share of 6.1 cents on a statutory basis and 6.9 cents on an underlying basis. AMP's total Assets Under Management reached $167.6 billion, reflecting an 8.9% increase compared to 1H 2025. The cost to income ratio improved to 60.5%, and a dividend of 3 cents per share was declared. Despite the positive growth in platforms and superannuation, AMP Bank and New Zealand Wealth Management encountered challenges.
Key Points
  • AMP Limited reported a statutory profit of $154 million for the half year ended 30 June 2026, up 57.1% from 1H 2025.
  • The underlying NPAT for 1H 2026 was $174 million, an increase of 32.8% compared to 1H 2025.
  • Basic earnings per share (EPS) on a statutory basis was 6.1 cents, and 6.9 cents on an underlying basis.
  • The total Assets Under Management (AUM) increased to $167.6 billion, an 8.9% rise from 1H 2025.
  • AMP's cost to income ratio improved to 60.5% in 1H 2026 from 63.0% in 1H 2025.
  • Platform net cash flows increased to $3.1 billion, driven by new adviser activations.
  • AMP Bank's total loans amounted to $23.734 billion.
  • Dividend per share increased to 3 cents with a 20% franking percentage.
  • Key business areas like Platforms and Superannuation & Investments saw positive growth, while AMP Bank and New Zealand Wealth Management faced challenges.
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.