Brockman Dawn M. sold $264K of AMP

AMP Limited (ASX:AMP) reported half-year 2026 results with revenue of A$1,425 million and net income of A$154 million. The company increased its dividend to 3.0 cents per share and authorized a A$150 million share buyback. AMP projects A$1.4 billion revenue and A$377.0 million earnings by 2029. Analysts have varying views on future earnings and risks.

AMP Limited reported half-year results to 30 June 2026, with revenue up to A$1,425 million and net income to A$154 million. Basic EPS from continuing operations rose to A$0.061. The article links the profit lift to efficiency and business mix changes, notes margin and cost risks, and mentions Richard Millington’s appointment to lead Employer Adviser Partnerships.

AMP Ltd shares (ASX:AMP) rose 5.96% to A$2.31, near a 2018 high, after its half-year 2026 results. Assets under management grew 8.2% to $167.6B. Platforms net cash flows rose 33% to $3.1B, and Superannuation net inflows were $76M. Underlying NPAT rose 33% to $174M. Interim dividend was 3c (20% franked) and AMP plans a $150M buyback.

AMP shares rose 6% to a seven-year high of A$2.31 after the company reported a strong half-year. Underlying net profit after tax rose 33% to AUD 174 million, beating analyst consensus of about AUD 142 million and the company’s AUD 170–180 million guidance. Statutory NPAT rose 57% to AUD 154 million. AMP also announced a AUD 150 million buyback and raised its dividend payout ratio to 41% from 35%.

AMP Limited reported a 57% rise in half-year net profit to A$154 million for the six months ended June 30, driven by stronger China partnerships and wealth platforms that offset weaker banking. Revenue rose 4% to A$1.425 billion. Underlying profit increased 32.8% to A$174 million. The board declared a 3.0c interim dividend and approved an additional on-market buyback tranche up to A$150 million.

AMP Bank launched “Equity Flex,” a 40-year loan for real estate investors with LVR up to 80%. It offers 6 to 10 years interest-only, with rates starting at 6.54% (60% LVR) and 6.59% (80% LVR), and fixed P&I at 6.39% p.a. The bank cites investor cash-flow needs amid higher rates and tax changes.