Highlights

  • AMP shares rose 3.94% to $1.320 on 21.27 million shares traded, signaling elevated investor interest.
  • Group underlying NPAT increased 20.8% to $285 million, with multiple business units reporting growth.
  • Total AUM rose 9% to $161.7 billion, and underlying EPS increased 25.6% to 11.3 cents.

AMP Limited (ASX:AMP) shares climbed 3.94% to $1.320 on 26 February, with trading volume reaching 21,269,780 shares, significantly above the usual daily range. The rise comes as AMP released its FY25 financial results, highlighting a 20.8% increase in underlying net profit after tax (NPAT) and growth across multiple business units, driving investor attention.

Underlying NPAT Growth Drives Investor Interest

AMP reported an underlying NPAT of $285 million, up 20.8% from $236 million in FY24. The increase was supported by cashflow performance across several business units:

  • Platforms underlying NPAT: $106 million, up 9.3% from $97 million
  • Superannuation & Investments underlying NPAT: $62 million, up 14.8% from $54 million
  • AMP Bank underlying NPAT: $55 million, down 9.8% from $61 million due to scaling costs
  • New Zealand Wealth Management underlying NPAT: $39 million, up 5.4% from $37 million

The group’s NPAT was further boosted by a $23 million gain from China partnerships, compared with a $13 million loss in FY24. Statutory NPAT was $133 million, reflecting settlement of legacy legal matters and business simplification.

Assets Under Management and Dividends

Total assets under management (AUM) increased 9% to $161.7 billion, up from $148.4 billion in FY24, driven by both positive market movements and net cashflow growth. Controllable costs decreased 6.9% to $603 million, in line with the company’s FY25 commitment.

AMP declared a final dividend of 2.0 cents per share (20% franked), bringing the total FY25 dividend to 4.0 cents per share, matching previous guidance. Underlying earnings per share rose 25.6% to 11.3 cents, reflecting improved earnings and the completion of the share buyback program.

Trading Activity and Volume Spike

Today’s trading volume of 21,269,780 shares indicates unusually high market activity for AMP. Elevated volume often points to investor repositioning following major financial announcements, with both institutional and retail investors reacting to strong underlying NPAT growth, dividend declarations, and continued AUM expansion.

AMP Limited’s share price increase and high trading volume came in response to FY25 results, showing robust underlying NPAT growth, AUM expansion, and dividend declarations. Elevated volume suggests active market engagement as investors digest the financial performance and outlook, highlighting continued attention on AMP within the ASX financial sector.

F&Q

  1. Why is AMP trading on elevated volume today?
    The volume spike to 21,269,780 shares is driven by market reaction to FY25 results, including underlying NPAT growth and dividend declarations.
  2. What were AMP’s key FY25 financial results?
  • Underlying NPAT: $285 million, up 20.8%
  • Total AUM: $161.7 billion, up 9%
  • Underlying EPS: 11.3 cents per share, up 25.6%
  1. What dividend did AMP declare for FY25?
    A final dividend of 2.0 cents per share, 20% franked, bringing total FY25 dividend to 4.0 cents per share.