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Perpetual Limited ( (AU:PPT) ) just unveiled an update.
Perpetual Limited reported a solid first-half 2026 result, underpinned by its diversified asset management and corporate trust operations despite softer wealth management earnings. The group increased operating revenue by 2% to $697.9 million and declared an unfranked interim dividend of $0.59 per share, equal to 60% of underlying profit after tax.
Underlying profit after tax rose 12% to $112.7 million, supported by growth in Corporate Trust, stronger equity markets and cost reductions in Asset Management, while statutory net profit after tax surged 349% to $53.9 million on fewer significant items. The company’s simplification program has now delivered $60 million in annualised savings, it tightened full-year expense guidance to 1%-2% growth, and it continues negotiations with Bain Capital over a potential sale of the Wealth Management business.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$17.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
More about Perpetual Limited
Perpetual Limited is an Australian-listed financial services group operating across asset management, corporate trust and wealth management. The company provides investment management solutions, fiduciary and trustee services, and advisory offerings, with a diversified business model that leverages equity markets and institutional trust mandates to support its earnings profile.
Average Trading Volume: 201,735
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.95B
Find detailed analytics on PPT stock on TipRanks’ Stock Analysis page.