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Medibank Private Limited (ASX:MPL)

ALERT: Price-sensitive ASX Announcement for MPL
Current share price for MPL : $4.530 -0.5 (-9.94%)+
Announcement
Release
20 Aug 2026 7:49AM
Price at Release
$5.030
Full Release
download
Summary
Medibank Private Limited reported its FY26 financial results highlighting a 6.7% increase in group operating profit to $813.5 million, despite a 13.9% decline in net investment income. The Medibank Health segment saw a profit increase of 31.3%, reaching $100.7 million. Net profit after tax (NPAT) for shareholders rose significantly by 27.5% to $638.7 million, leading to an effective tax rate of 30.3%. The company achieved a 1.1% growth in resident policyholders, which translates to an additional 22.1k policies. The dividend payout was within the targeted range at 83%, with a total dividend of 19.2 cents per share declared, fully franked. Cybercrime costs were reduced to $34.9 million as the company continues to manage post-incident security enhancements.
Key Points
  • Group operating profit increased by 6.7% to $813.5 million.
  • Net investment income decreased by 13.9% to $178.9 million.
  • Medibank Health segment profit grew by 31.3% to $100.7 million.
  • NPAT attributable to Medibank shareholders rose by 27.5% to $638.7 million.
  • The effective tax rate increased slightly to 30.3%.
  • Resident policyholder growth was up by 1.1%, adding 22.1k new policies.
  • Dividend payout ratio was within the target range at 83.0% of underlying NPAT.
  • Cybercrime costs decreased to $34.9 million.
  • The dividend for FY26 was set at 19.2 cents per share, fully franked.
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.