Why Are AUB Group Limited (ASX:AUB) Shares Up Today?

Sonal Goyal

12 November 2026 07:30 PM AEDT

Why Are AUB Group Limited (ASX:AUB) Shares Up Today?

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Key highlights

AUB Group shares closed at $32.04 on 12 November 2026, up 5.05%, while the S&P/ASX 200 eased 0.07%.
FY26 underlying NPAT rose to $224.6 million from $200.2 million, and the total FY26 Dividend increased 7.7% to 98.0 cents per share.
FY27 underlying NPAT guidance of $245–265 million implies growth of 9.1% to 18.0%.

Shares in AUB Group Limited (ASX:AUB) closed at $32.04 on 12 November 2026, up 5.05% on the session. The S&P/ASX 200 closed at 9,146.80, down 0.07%. AUB is an ASX 200 group of insurance Brokers and Underwriting agencies, operating in around 640 locations across 17 countries. Its latest update was its FY26 performance overview, released on 25 August 2026, several weeks before the share move.

Full-year earnings

Underlying NPAT rose to $224.6 million from $200.2 million, and underlying Earnings per share reached 183.69 cents, up from 171.75 cents. Reported net profit after tax fell to $96.0 million from $180.1 million. The board declared a fully franked final dividend of 71.0 cents per share, taking total FY26 dividends to 98.0 cents, up 7.7%. CEO and Managing Director Michael Emmett described the year as one of record earnings and higher margins.

Divisional results

Australian Broking Underlying Profit before tax rose 10.0% to $149.1 million, with average commission and fee income per client up 6.5%. International profit before tax rose 19.6% to $124.5 million, with an EBIT Margin of 27.6%, driven by Tysers in marine and aviation. Agencies profit before tax rose 8.4% to $78.0 million, though strata weakness held back growth. New Zealand Broking profit in AUD fell 3.9% to $22.3 million, while BizCover profit before tax rose 19.9% to $22.9 million, with an EBIT margin of 47.8%.

FY27 guidance

AUB guided to FY27 underlying NPAT of $245.0 million to $265.0 million, representing growth of 9.1% to 18.0% over FY26. The estimate assumes no acquisitions not currently known, renewal periods in line with history, and specified FX and Central Bank rate assumptions. The company said a 1% move in the AUD against the USD would affect FY27 underlying NPAT at the mid-point by about 0.3%.

Capital position

The Leverage Ratio was 2.30 times at 30 June 2026, and accessible cash and undrawn Debt facilities totalled $330.5 million. The Dividend reinvestment Plan remains suspended. Management said FY27 priorities include integrating the Prestige acquisition, lifting performance where there is more to do, and using the expanded platform to deliver Shareholder returns.

Closing thoughts

AUB shares finished the session up 5.05% at $32.04. The FY26 result combined higher underlying earnings with a higher dividend, while reported profit fell sharply, and the company has set a guidance range that points to further growth in FY27.

FAQs

Q: What was the closing share price of AUB Group on 12 November 2026?

A: AUB Group shares closed at $32.04, up 5.05% on the session.

Q: What was FY26 underlying NPAT?

A: Underlying NPAT was $224.6 million, up from $200.2 million in FY25.

Q: What is the FY27 underlying NPAT guidance?

A: Guidance is $245.0 million to $265.0 million.

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