AMP Limited Reports Steady Growth Amid Strategic Focus

AMP Limited ( (AMLTF) ) has released its Q2 earnings. Here is a breakdown of the information AMP Limited presented to its investors.

AMP Limited, a prominent financial services company, operates in the banking, superannuation, and wealth management sectors across Australia and New Zealand. It offers a range of services through its platforms, superannuation & investments, AMP Bank, and New Zealand Wealth Management units, and holds several strategic partnerships.

AMP Limited’s latest earnings report for the first half of 2025 reveals a statutory net profit after tax of $98 million, a slight decrease from $103 million in the same period last year. Despite this, the company achieved an underlying net profit after tax of $131 million, marking a 9.2% increase from the previous year. The company continues to focus on cost control and strategic growth initiatives across its business units.

Key financial highlights include a 10.1% increase in total assets under management (AUM) to $153.9 billion, driven by strong performance in the Platforms and New Zealand Wealth Management units. The AMP Bank also showed growth with a 2.9% increase in net profit after tax, supported by improved margins and a conservative lending approach. The company’s cost-to-income ratio improved to 59.4%, reflecting effective cost management.

Looking ahead, AMP Limited aims to strengthen its position as a leading retirement specialist, focusing on driving growth in its wealth businesses, scaling its digital banking platform, and leveraging AI opportunities. The company remains committed to maintaining cost discipline and supporting its strategic partnerships to enhance value creation.

AMP Limited’s management remains optimistic about the company’s future prospects, emphasizing strategic initiatives to drive growth and enhance shareholder value, while navigating the evolving financial landscape.