2026 Financial Highlights and acquisition of AVI by PAM
| Stock | Pinnacle Investment Management Group Ltd (PNI.ASX) |
|---|---|
| Release Time | 4 Aug 2026, 4:46 p.m. |
| Price Sensitive | Yes |
Pinnacle Investment Management Group Ltd FY2026 Results and Acquisition of AVI
- FY26 net profit after tax up 31% to $176.7 million
- Diluted EPS up 25% to 78.1 cents
- Total dividends for FY26: 60.0 cents, franked to 72%
- Acquisition of AVI by PAM, enhancing PAM's growth capabilities
- FUM increased by 28% to $229.4 billion
Pinnacle Investment Management Group Ltd (PNI) announced its FY2026 financial results, showing a 31% increase in net profit after tax to $176.7 million. Diluted earnings per share (EPS) rose 25% to 78.1 cents. The company declared a final dividend per share of 31.0 cents, franked to 65%, totaling 60.0 cents for the financial year, franked to 72%. Pinnacle's share of Affiliates' net profit after tax was $136.0 million, up 5% from the prior year. Funds under management (FUM) increased by 28% to $229.4 billion. Additionally, Pacific Asset Management (PAM) acquired Asset Value Investors (AVI), combining AVI's investment capability with PAM's institutional infrastructure. The transaction will be funded through a combination of cash and new Pinnacle shares.
FY26 net profit after tax: $176.7 million, Diluted EPS: 78.1 cents
Pinnacle remains confident in its diversified platform and strategic initiatives, expecting continued growth and performance fee contributions.