Highlights

• Perpetual delivered FY26 statutory NPAT of AU$88.9 million, compared with a loss in the previous year, supported by strategic execution and improved operating outcomes.
• Underlying profit after tax increased to AU$217.0 million, while the company continued progressing its simplification program and business transformation initiatives.
• Perpetual’s Corporate Trust division recorded strong earnings growth, with underlying profit before tax reaching AU$98.8 million, supported by revenue growth across key services.

Perpetual Reports Improved FY26 Performance

Perpetual Limited (ASX: PPT) announced its FY26 Financial Results on 27 August 2026, reporting a significant improvement in profitability and continued progress towards a more simplified operating structure. The company recorded a statutory net profit after tax attributable to equity holders of AU$88.9 million for FY26, compared with a statutory loss of AU$58.2 million in FY25.

The company’s underlying profit after tax (UPAT) attributable to shareholders increased to AU$217.0 million, compared with AU$204.1 million in FY25, reflecting improved business performance excluding significant items.

Simplification Strategy Creates Future Opportunities

During FY26, Perpetual continued advancing its transformation strategy, including progress towards the proposed sale of its Wealth Management business. The company entered into a binding agreement for the transaction, with expected proceeds intended to reduce debt, strengthen the balance sheet and support investment in its Asset Management and Corporate Trust businesses.

The simplification program remained a key focus, generating annualised cost savings of AU$72.6 million, ahead of the targeted milestone. Perpetual remains focused on achieving its broader cost reduction objective of AU$70 million to AU$80 million by FY27.

Corporate Trust Supports Earnings Resilience

Perpetual’s Corporate Trust business delivered strong momentum during FY26, generating underlying profit before tax of AU$98.8 million, representing 8.7% year-on-year growth. The performance was supported by continued revenue expansion across Debt Market Services, Managed Fund Services, and Digital and Markets operations. Asset Management remained profitable, reporting underlying profit before tax of AU$207.5 million, exceeding its target despite challenging market conditions and net outflows impacting revenue. Assets under management stood at AU$224.4 billion as at 30 June 2026.

Dividend and Capital Management Focus

Following the FY26 result, Perpetual declared a final unfranked dividend of AU$0.63 per share, with payment scheduled for 2 October 2026.

Perpetual remains committed to enhancing its financial position, driving greater efficiency across operations and executing its broader business transformation initiatives. With improved profitability, cost savings initiatives and stronger positioning across Asset Management and Corporate Trust, Perpetual enters FY27 focused on delivering sustainable long-term value.

Note- All data presented is based on information available at the time of writing.

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