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Steadfast Group Limited (ASX:SDF)

ALERT: Price-sensitive ASX Announcement for SDF
Current share price for SDF : $5.780 -0.05 (-0.86%)+
Announcement
Release
25 Aug 2026 5:22PM
Price at Release
$5.830
Full Release
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Summary
Steadfast Group Limited's FY26 results demonstrate a strong financial performance with a statutory net profit attributable to its members of $269.1 million and an underlying NPAT of $319.5 million. The company saw a significant increase in fees and commissions income, totaling $1,777.4 million, and consolidated entity revenue reached $2,104.7 million, reflecting a 15.3% year-on-year growth. Despite a slight decline in interest income, EBITA for consolidated entities rose by 16.6% to $647.2 million. The company declared a total FY26 dividend of 20.95 cents per share, marking a 7.4% increase from the previous year. Steadfast’s broking and underwriting segments significantly contributed to the revenue, while operating expenses, net financing, and income tax expenses also increased.
Key Points
  • Steadfast Group Limited reported a statutory net profit attributable to its members of $269.1 million for FY26.
  • The underlying net profit attributable to Steadfast members (NPAT) increased to $319.5 million.
  • Total fees and commissions income reached $1,777.4 million, indicating a 17.3% growth from FY25.
  • Revenue from consolidated entities amounted to $2,104.7 million, a 15.3% increase year-on-year.
  • Steadfast declared a total FY26 dividend of 20.95 cents per share, up 7.4% from the previous year.
  • EBITA for consolidated entities increased by 16.6% to $647.2 million.
  • The company's interest income slightly declined by 2.0% from FY25.
  • Steadfast's broking and underwriting agencies have shown significant growth, contributing majorly to overall revenue.
  • Expenses for the consolidated entities increased by 14.7% to $1,457.5 million.
  • Net financing expense and income tax expense also saw increases of 52.2% and 12.1% respectively.
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.