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HUB24 Limited (ASX:HUB)

ALERT: Price-sensitive ASX Announcement for HUB
Current share price for HUB : $76.210 -10.03 (-11.63%)+
Announcement
Release
19 Feb 2026 7:45AM
Price at Release
$86.240
Full Release
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Summary
HUB24 Limited reported robust financial results for the first half of the fiscal year 2026 (1HFY26), with a significant increase in both Group Underlying EBITDA and Net Profit After Tax compared to the previous year. The company achieved a 35% rise in Group Underlying EBITDA, reaching $104.9 million, and a 60% increase in Underlying NPAT, totaling $68.3 million. Statutory NPAT rose by 80% to $59.7 million. The firm also declared a fully franked interim dividend of 36.0 cents per share, marking a 50% increase from the prior comparable period. Total Funds Under Administration (FUA) increased to $152.3 billion, demonstrating the company's successful growth strategy and market competitiveness. HUB24's platform has been recognized as the 'Best Platform Overall' for the fourth consecutive year, and the company continues to innovate with solutions like the Innovative Lifetime Retirement Solution (IRIS) and developments like 'myhub'. The outlook remains positive with upgraded targets for FY27, aiming for a platform FUA range of $160 billion to $170 billion.
Key Points
  • HUB24 achieved a 35% increase in Group Underlying EBITDA reaching $104.9 million.
  • Group Underlying NPAT rose by 60% to $68.3 million.
  • Statutory NPAT increased by 80% to $59.7 million.
  • A fully franked interim dividend of 36.0 cents per share was declared, up 50% from the prior period.
  • Total Funds Under Administration grew to $152.3 billion.
  • HUB24 platform ranked as 'Best Platform Overall' for the fourth consecutive year.
  • Developments include the Innovative Lifetime Retirement Solution (IRIS) and 'myhub'.
  • FY27 Platform FUA target upgraded to a range of $160 billion to $170 billion.
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.