Suncorp Group (AU:SUN)
ASX:SUN
Earnings Data
Report Date
Aug 11, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.6Last Year’s EPS
0.57Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced strong underlying operating performance and capital strength against a materially adverse weather‑driven earnings hit. Underlying ITR, consumer unit and premium growth, expense‑ratio improvement, a ~5% investment exit yield, solid capital buffer and an active buyback/dividend program are positive. These positives are tempered by a large natural‑hazard cost ($1.319bn, $453m above allowance), a decline in reported NPAT/cash earnings, softer commercial markets (notably in New Zealand) and ongoing claim‑inflation pressures in Home and Motor. Management emphasizes optionality on reinsurance, ongoing pricing remediation and technology/AI investments to drive medium‑term improvement.Company Guidance
Underlying Profitability and Margin
Underlying insurance result up 6% with an underlying insurance trading ratio (ITR) of 11.7% (top half of the 10%–12% guidance range). Consumer ITR improved from 9.4% to 9.9%.
Strong Capital Position and Shareholder Returns
CET1 capital approximately $700m above the midpoint of the target range. Interim fully franked dividend of $0.17 per share (payout ratio 68%). Completed $168m of on‑market buybacks in H1 and targeting around $400m for FY26 (buyback to recommence).
Premium Growth Across Consumer Portfolios
Group written premium (GWP) growth +2.7% in H1. Home GWP +7% with unit growth +0.4%; Motor GWP +5.8% with unit growth +2%. Management expects FY26 GWP growth around the bottom of mid‑single digits (management noted mid‑single digits as 4%–6%, bottom ≈4%).
Operating Efficiency Progress
Total operating expense ratio reduced by ~40 basis points in the half. Operating expenses increased 4% (driven by growth‑related investment), while expense ratio improvement reflects ongoing cost control and productivity gains. Full‑year operating expense ratio expected ~50 bps below FY25.
Investment Portfolio Tailwind
Exit yield on the investment portfolio around 5%, supporting future earnings and margin. Net investment income in H1 was $259m (down vs PCP due to mark‑to‑market), but higher yields provide a positive medium‑term outlook; strategic reallocation into structured credit and property noted.
Reinsurance Position and Optionality
Current reinsurance program provides robust protection and limits maximum retention for the next large event to $260m. Management has flexibility/optionality ahead of the July renewal and may augment cover given a softening reinsurance market.
Digital Modernization and AI Delivery on Track
Policy administration system first release (AA Insurance NZ) live since April; AAMI Home and Motor new business release targeted mid‑year. AI/agentic AI program in full‑scale delivery with initial deployments across claims and customer service, expected to drive process transformation and lower loss/expense ratios over time.
Operational Response and Customer Support in Events
Responded to nine declared natural hazard events and managed over 71,000 natural hazard claims. Rapid operational response included mobile disaster hubs in 27 communities and a pop‑up motor assessment center assessing >4,000 vehicles in two weeks, supporting customer outcomes and retention.
AU:SUN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:SUN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 17, 2026 | AU$15.80 | AU$15.11 | -4.38% |
Aug 13, 2025 | AU$19.37 | AU$20.07 | +3.65% |
Feb 11, 2025 | AU$18.90 | AU$19.16 | +1.33% |
Aug 08, 2023 | AU$11.94 | AU$11.76 | -1.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Suncorp Group (AU:SUN) report earnings?
Suncorp Group (AU:SUN) is schdueled to report earning on Aug 11, 2026, TBA (Confirmed).
What is Suncorp Group (AU:SUN) earnings time?
Suncorp Group (AU:SUN) earnings time is at Aug 11, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Suncorp Group stock?
The P/E ratio of Suncorp Group is N/A.
What is AU:SUN EPS forecast?
AU:SUN EPS forecast for the fiscal quarter 2026 (Q4) is 0.6.