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Magellan Financial Group Ltd ( (AU:MFG) ) has shared an update.
Magellan Financial Group Ltd reported a statutory net profit after tax of $165.0 million for FY25, marking a 31% decrease from the previous year, while operating profit increased by 5% to $159.7 million. The company saw an 8% rise in total assets under management to $39.6 billion, driven by strategic diversification and improved investment performance. Income from strategic partnerships and fund investments significantly increased, contributing to the company’s diversified earnings profile. The company announced a final dividend of 25.9 cents per share and a special dividend of 21.0 cents per share, reflecting its strong capital position and updated dividend policy. Magellan continues to focus on growth through new systematic equity funds, enhanced global distribution, and strategic partnerships, positioning itself for long-term value creation.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$7.40 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a financial services company primarily engaged in investment management. The company focuses on managing assets and providing investment solutions through strategic partnerships and investments, catering to a diverse range of clients.
Average Trading Volume: 651,612
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
See more data about MFG stock on TipRanks’ Stock Analysis page.