Key points
- Net profit after tax of $16.67 million, up 62.4% from previous year
- Revenue increased by 43.6% to $141.73 million
- Total Equity Capital Markets raisings of $4.6 billion, up 51.5%
- Funds Under Management increased by 16.1% to $5.17 billion
- Agreement to sell Capital Markets business to BMO expected to close in Q4 2026
Full summary
Euroz Hartleys Group Limited reported an audited result of $16.67 million net profit after tax attributable to members for the financial year ended 30 June 2026, marking a 62.4% increase from the previous year. Revenue increased by 43.6% to $141.73 million. The company saw a 41.2% rise in brokerage revenues, a 51.5% increase in underwriting and placement fees, and a 190.2% increase in corporate advisory revenues. Wealth management fees also increased by 13.8% to $25.12 million, while Funds Under Management grew by 16.1% to $5.17 billion. The company announced a binding agreement to sell its Capital Markets business to the Bank of Montreal (BMO), expected to close in the fourth quarter of 2026. Following the sale, Euroz Hartleys will continue as a standalone Private Wealth business. The Directors declared a final dividend of 5 cents per share, fully franked, bringing the full-year dividend to 7.5 cents per share.
Guidance
Net profit after tax of $16.67 million for FY2026
Outlook
The company expects continued growth in wealth management and advisory services, with a strong balance sheet supporting its activities. The sale of the Capital Markets business is expected to close in Q4 2026.