ASX 200 reporting season: CBA
Explore the highlights of the Australian earnings season as CBA, Suncorp, and Computershare report record highs and dividend increases, with insights into AGL Energy's and Evolution Mining's financial performance.
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This video was created on 12 February for IG audiences by ausbiz.
Key financial results
First half (H1) for fiscal year (FY) 2025 results:
Commonwealth Bank of Australia (ASX:CBA)
- Net profit after tax (NPAT): $5.13 billion
- Net interest margin: 2.08%, +2 basis points (bps)
- Interim dividend: $2.25
- Return on equity (ROE): -13.7%
Following better-than-expected first-half cash earnings, CBA shares hit another record high. Chief Executive Officer (CEO) Matt Cummins noted that expected rate cuts from the Reserve Bank of Australia (RBA) should provide welcome relief to mortgage customers.
AGL Energy (ASX:AGL)
- Statutory profit after tax (SPAT): $97 million
- EBITDA: $1.07 billion, -1%
- Underlying NPAT: $373 million, -7%
- Interim dividend: $0.23 per share, fully franked
AGL’s strong first-half performance was supported by higher generation volumes at its Bayswater power plant, which helped offset lower retail margins and higher operational costs.
Suncorp Group (ASX:SUN)
- Net profit: $1.1 billion
- Cash earnings: $860 million
- Interim dividend: $0.41 per share
- Special divident: $0.22 dividend from the sale of its banking arm to ANZ
Suncorp's shares reached a record high after benefiting from fewer natural disasters in the first half of FY25.
Computershare (ASX:CPU)
- Revenue: $1.5 billion
- Revenue growth: +6.4%
- NPAT: $384 million, +15.9%
- EBITDA: $171 million, up 28%
- Interim dividend: $0.45 per share, +12.5%
The company upgraded its guidance for FY25, expecting management earnings of about $1.35 per share, up 15% on last year.
Evolution Mining (ASX:EVN)
- NPAT (statutory): $365 million, + 277%
- Revenue growth: +52%
- EPS: $18.4 cent, +251%
- Interim dividend: $0.07 per share, fully franked
Evolution Mining nearly tripled its dividend due to a significant spike in gold prices and remains on track to deliver on its FY25 production guidance.
Broker moves and upcoming earnings
CSL Limited (ASX:CSL)
Bell Potter lowered its price target to $335 and decreased its FY25 net profit forecast by 3%.
Aussie Broadband (ASX:ABB)
Citi anticipates strong half-year earnings supported by market share growth of around 8% for the first half of FY25, rating the stock a buy with a price target of $4.40.
Upcoming reports:
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