Highlights

  • Suncorp’s FY25 gross written premium grew 6.3% to AUD 15,009 million.
  • Profit before tax in FY25 rose 42.9% to AUD 2,181 million.
  • The company repurchased 627,710 shares on 17 October 2025, totaling 2,459,555 shares under its AUD 400 million FY26 buy-back program.

Suncorp Group Limited (ASX:SUN) is an ASX-listed Trans-Tasman insurer offering a wide range of general insurance products and services to retail, commercial, and corporate clients throughout Australia and New Zealand.

In the period ended 30 June 2025(FY25), the company recorded growth across premiums and earnings. Gross written premium (GWP) increased by 6.3% YoY to AUD 15,009 million. Meanwhile, profit before tax (PBT) rose 42.9% to AUD 2,181 million. NPAT for the reported period increased by 52%, driven by gains from the Suncorp Bank and NZ Life divestments, favourable weather outcomes, and higher investment income, partially offset by higher operating expenses. Cash earnings increased 8.3% YoY to AUD 1,486 million.

FY26 Outlook and Strategy

For FY26, Suncorp expects mid-single-digit growth in gross written premiums, supported by customer affordability initiatives and stable inflation, even as competitive dynamics intensify. The underlying insurance trading ratio is projected in the top half of the 10-12% range, supported by prior pricing earn-through and improved reinsurance conditions.

The company plans an AUD 400 million on-market share buy-back during FY26, with continued investment in digital modernisation aimed at improving efficiency and customer experience while maintaining a 60-80% dividend payout commitment.

Recent Business Updates

Suncorp issued an updated Appendix 3C notification on 20 October 2025, reporting repurchases of 627,710 shares on 17 October 2025, bringing the total shares repurchased to 2,459,555 since the buy-back program began on 26 September 2025. The program is scheduled to continue until 30 June 2026.

Share performance of SUN

SUN’s share price rose by 0.82% to close at AUD 19.720 per share on 20 October 2025. Over the past year, SUN’s stock has gained 8.76%. It is down 3.85% over the past week, 3.33% over the past month, and 3.00% over the past three months. Over the past six months, however, the stock increased by 2.34%, and year-to-date it has gained 3.90%. The 52-week high for Suncorp is AUD 22.140, while the 52-week low is AUD 17.567.

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 20 October 2025. The reference data in this report has been partly sourced from EODHD/Others.

 

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.