Financial
Medibank Shares Surge on Half-Year Results and 8% Dividend Increase
February 27, 2025 01:17 PM AEDT| By Team Kalkine MediaHighlights,Medibank shares jump 7% to a 52-week high following strong half-year results.,Underlying net profit after tax rises by 13.8% to $298.7 million.,Fully franked interim dividend increases by 8.3% to 7.8 cents per share.,Shares of Medibank Pri...
Perpetual Limited (ASX:PPT) Reports Half-Year Results with Revenue Growth and Strategic Shifts
February 27, 2025 12:37 PM AEDT| By Team Kalkine MediaHighlights,Perpetual Limited (ASX:PPT) posts a 4% rise in,operating,revenue, reaching $686.2 million.,The company opts to,retain,Corporate Trust and Asset Management while considering the sale of its Wealth Management division.,Announces an interim d...
PM Capital Moves to Acquire Platinum LICs in Strategic Offer
February 27, 2025 12:19 PM AEDT| By Team Kalkine MediaHighlights,PM Capital proposes a share exchange for Platinum’s closed-end funds at a premium.,Offer includes a 20% premium over recent market prices of the targeted funds.,Platinum had previously announced plans to convert the funds into ETFs.,PM Cap...
Regal Partners Sees Profit Surge but Faces Market Pressure Amid Performance Fee Dip
February 26, 2025 02:01 PM AEDT| By Team Kalkine MediaHighlights,Regal Partners (RPL) reports a,nearly threefold,increase in net profit, reaching $97.5 million.,Funds under management (FUM),climb,64% to $18 billion.,Performance fee revenue slows in the latter part of the year,,impacting,investor sentime...
Helia Group Insiders’ Stock Moves: What Do They Reveal?
February 26, 2025 12:28 PM AEDT| By Team Kalkine MediaHighlights,Insider transactions at,Helia Group (HLI),show more sales than purchases over the past year.,The CEO sold a notable,portion,of shares at AU$4.32, lower than the recent market price.,Insiders collectively hold 1.4% of the company, valued at...
MA Financial Group's Full Year 2024 Earnings Surpass Expectations
February 25, 2025 07:30 PM AEDT| By Team Kalkine MediaHighlights:,MA Financial Group reports significant growth in revenue and net income.,Earnings per share exceed market expectations with a substantial increase.,Future revenue trends indicate a shift in financial trajectory.,MA Financial Group (ASX:MA...
EQT Holdings Limited Increases Dividend Amid Earnings Fluctuations
February 25, 2025 01:36 PM AEDT| By Team Kalkine MediaEQT Holdings Limited Increases Dividend Amid Earnings Fluctuations
MyState Limited (ASX:MYS) Navigating Financial Shifts in the First Half of 2025
February 25, 2025 01:34 PM AEDT| By Team Kalkine MediaMyState Limited (ASX:MYS) Navigating Financial Shifts in the First Half of 2025
Zip Co Delivers Robust Half-Year Financial Performance and Expands Global Footprint
February 25, 2025 01:01 PM AEDT| By Team Kalkine MediaHighlights,Revenue and transaction growth surge.,US and ANZ markets drive performance.,Innovation and financial strength on display.,Zip Co Ltd (ASX:ZIP) has reported its financial outcomes for the six-month period ending December 31, 2024, marking a...
Zip Co Shares Surge 11% After Strong Half-Year Results and Optimistic Outlook
February 25, 2025 12:40 PM AEDT| By Team Kalkine MediaHighlights:,TTV surged 23.9% to $6.2 billion,, driven by,40.3% growth in the US,.,Cash EBTDA jumped 117.1% to $67 million,, with operating costs falling as a percentage of TTV.,Management forecasts cash EBTDA of at least $147 million for FY25,, signa...
Zip Co Limited (ASX:ZIP) Celebrates Robust 1H FY25 Performance Amid US Expansion
February 25, 2025 11:42 AM AEDT| By Team Kalkine MediaHighlights,Record cash EBITDA up by 117%,Transaction value reaches $6.2 billion,US business drives landmark holiday performance,Zip Co Limited (ASX:ZIP) has delivered impressive results for the first half of fiscal year 2025, showcasing a remarkable...
Helia Group Delivers Robust FY24 Financial Results and Strategic Growth
February 25, 2025 11:11 AM AEDT| By Team Kalkine MediaHighlights,NPAT reaches $231.5 million.,Premiums grow while insurance revenue contracts.,Expanded dividend and share repurchase program announced.,Helia Group Limited (ASX:HLI) has reported strong financial performance for the fiscal year ending 31 D...
Financial Sector Rebounds as Australian Stock Exchange Rises After a Lower Opening
February 24, 2025 03:30 PM AEDT| By Team Kalkine MediaHighlights,Recent movements in the ASX 200 index reflect sector-specific developments, with Utilities leading gains at 2.92%.,Significant declines observed in Information Technology and Materials sectors emphasize the variable nature of market perfor...
Banking Strength Fuels ASX Momentum in Early Trading
February 24, 2025 02:22 PM AEDT| By Team Kalkine MediaHighlights,ASX index edges up with early gains.,Financial,sector shows robust momentum.,Major banks drive positive trading sentiment.,Early afternoon trading on the Australian Securities Exchange witnessed a positive turnaround as the index edged hig...
Mortgage Growth Fuels Liberty Financial Group's Profit Surge
February 24, 2025 02:18 PM AEDT| By Team Kalkine MediaHighlights,New mortgages up by 13% in H1,$1.7 billion in fresh lending recorded,Net profit edges higher with steady dividend,In the latest financial period, Liberty Financial Group (ASX:LFG) reported a significant expansion in its new mortgage portfo...
Magellan (ASX:MFG) Falls 26% as Market Aligns with Earnings
February 24, 2025 01:35 PM AEDT| By Team Kalkine MediaHighlights:,Magellan Financial Group's share price dropped significantly this past month.,The company's price-to-earnings ratio is lower than many competitors.,Future earnings predictions contribute to current stock evaluations.,Investors holding sha...
Butn Limited (ASX:BTN) Celebrates 1H25 Breakthrough: Record Revenue and Expanding Opportunities
February 24, 2025 01:08 PM AEDT| By Team Kalkine MediaHighlights,Revenue increased by 5% to $7.1M,EBITDA climbed to $4.3M,Platform originations reached 35%,Butn Limited (ASX:BTN) has delivered a standout performance in the first half of 2025, posting notable improvements across key financial metrics. Th...
Global Market Shifts: ASX Dips as Earnings and Economic Data Stir Caution
February 24, 2025 01:00 PM AEDT| By Team Kalkine MediaHighlights,ASX futures dip amid mixed earnings.,US data raises economic concerns.,Global indices and commodity prices show volatility.,The morning market outlook signals a decline as the Australian Securities Exchange experiences pressure from weak e...
NIB Holdings Shares Surge 11% Despite Dip in First-Half FY25 Profit
February 24, 2025 11:14 AM AEDT| By Team Kalkine MediaHighlights,Share Price Surge:,NIB Holdings shares jump,11% to $6.59,after posting,H1 FY25 results,.,Revenue Growth:,Total revenue up 7.7%,to,$1.8B,, though,operating profit fell 26.7%,to,$106M,.,Dividend Declared:,Interim,dividend of 13 cents per sha...
How Non-Bank Lenders are Thriving and Surpassing Banks During Challenging Times
February 24, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,The RBA's recent cash rate reduction provides relief, yet tight borrowing conditions persist as banks enforce stringent lending criteria.,Non-bank lenders capitalize on market opportunities, offering flexible loan options while adapting st...
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