AMP shares jump 5.5% after H1 2026 results, extending rally to 98.3% since March low
AI Market Summary
AMP's H1 2026 results surprised positively, with AUM up 8.2% to A$167.6bn, platforms net cash flows up 33% to A$3.1bn, and underlying NPAT up 33% to A$174m. A higher interim dividend and a further A$150m on-market buyback reinforce capital return momentum, supporting the sharp share rally and potentially lifting sentiment toward Australian wealth managers.
Impact level
● Medium
Affected assets
NCSKS2USD/USDT-1.73%
AI Insight · NCSKS2USD/USDTAI Insight
▲ Bullish
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AMP reported an 8.2% year-on-year rise in assets under management to $167.6 billion and said Platforms net cash flows climbed 33% to $3.1 billion in H1 2026. The company also posted a 33% increase in underlying net profit after tax to $174 million and declared an interim dividend of 3 cents per share, 20% franked, up 50% from last year. The stock rose as much as 5.5% in Thursday morning trade and is up 98.3% from its 12 March closing low.
