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AMP ( (AU:AMP) ) just unveiled an announcement.
AMP reported a 9.2% increase in underlying net profit after tax for the first half of 2025, reaching $131 million. The company’s platforms and New Zealand wealth management units showed significant growth, while AMP Bank’s profits rose slightly due to careful margin management. Despite a decrease in statutory NPAT due to business simplification and litigation costs, AMP maintained cost discipline and declared a dividend consistent with guidance. The company is focusing on expanding its digital banking services and retirement solutions, aiming to leverage growth opportunities in these areas.
The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.
More about AMP
AMP is a financial services company operating primarily in the wealth management, banking, and investment sectors. It focuses on providing superannuation, investment, and banking services, with a strong emphasis on retirement solutions and digital banking innovations.
Average Trading Volume: 6,530,171
Technical Sentiment Signal: Buy
Current Market Cap: A$4.15B
For detailed information about AMP stock, go to TipRanks’ Stock Analysis page.