Australian Finance Group rises to near 4-year high on stronger FY profit

Australian Finance

27/08/2025 03:17

** Shares of Australian Finance Group AFG.AX advance ~15% to A$2.92, their biggest intraday pct gain since early-October 2020

** Stock hits its highest point since late-September 2021

** The mortgage broker posts annual underlying NPATA from continuing operations of A$40.8 million ($26.51 million), up 13% YoY

** Reports FY revenue from operating activities of A$1,235.5 million, 15% higher from last year

** Co declares dividend of a fully franked final dividend of 5.3 Australian cents per share vs 4 Australian cents last year

** Over 1 million shares change hands, 2.5x the 30-day avg

** YTD, stock up 91.4%

   ($1 = 1.5389 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))