All posts by Richard Coles
Senior Analyst
Sectors Covered: Insurance, Diversified Financials
By Richard Coles
27 October 2021, 11:00 AM
Suncorp Group (ASX:SUN) has provided a claims update for the first four months of FY22.
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By Richard Coles
25 October 2021, 7:30 AM
Insurance Australia Group (ASX:IAG) said the first quarter had “started well” and management re-affirmed FY22 key guidance metrics. IAG did, however, note 1Q22 hazards had been “elevated.”
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By Richard Coles
23 October 2021, 10:30 AM
Overall, we saw this as a solid quarter for Perpetual (ASX:PPT) highlighted by; 3% Perpetual Asset Management (PAM) AUM growth, a return to positive PAM inflows and 5%-9% FUA growth in Corporate Trust and Perpetual Private respectively.
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By Richard Coles
20 October 2021, 8:00 AM
Challenger Financial Svcs (ASX:CGF) has recently released its 1Q22 performance update. While not a perfect quarter, we did see 1Q22 as broadly a solid performance highlighted by 32% total Life sales growth, and 3.4% total Life book growth.
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By Richard Coles
19 October 2021, 9:00 AM
Zip Co (ASX:Z1P) has released its 1Q22 trading update to the market. We saw 1Q22 group sequential revenue growth of 8% as a reasonable outcome and highlighting continued momentum.
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By Richard Coles
09 September 2021, 8:00 AM
Macquarie Group (ASX:MQG) has provided a market update, which corresponded with the company presenting at the Jefferies Asia Conference.
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By Richard Coles
08 September 2021, 8:00 AM
In this report we summarise our key takeaways from the Insurance and Diversified Financials reporting season.
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By Richard Coles
27 August 2021, 8:00 AM
Tyro Payments' (ASX:TYR) FY21 result was noisy with one-off costs heavily impacting reported numbers. While the reported NPAT loss of -A$29m was comfortably below consensus, the normalised NPAT result was more in-line.
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By Richard Coles
27 August 2021, 6:00 AM
Management guided to a FY22 operating EBIT broadly in line with FY21, and low single digit revenue growth. LNK also announced a A$150m on-market share buyback.
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By Richard Coles
26 August 2021, 1:00 PM
Afterpay Touch (ASX:APT) reported an FY21 NPAT loss of ~A$159m, which was well below consensus of -A$81m, although the difference appeared largely due to some one-offs.
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