Suncorp Group
SUN.ASXFinancials
Provision of general insurance solutions to the retail, corporate and commercial sectors.
Market Data
$17.435
+0.0%-$1.00
19.7x
$0.884
3.80%
-0.0%
Latest Earnings
Chairman's Letter to Shareholders - HY26 Financial Results
18 February 2026
Suncorp reported significantly weaker H1 FY26 results with NPAT falling 76% to $263 million and cash earnings down 67% to $270 million, primarily due to $1.3 billion in weather-related claims costs that were $453 million above allowance. Despite the challenging period, the company maintained its interim dividend at 17 cents fully franked and continues its $400 million share buyback program. Key points: General Insurance GWP growth of 2.7% showing solid consumer business growth; Underlying insurance trading ratio remained strong at 11.7% in top half of target range; Strong balance sheet and capital position maintained
Recent Announcements
FY27 Aggregate Reinsurance Cover and FY26 Outlook
Suncorp has agreed to a 5-year aggregate reinsurance arrangement commencing 30 June 2026, providing $800 million annual protection (up to $2.4 billion total) with an FY27 attachment point of $1,850 million, expected to reduce earnings volatility and release approximately $100 million in capital while maintaining unchanged underlying ITR margin outlook at the upper end of the 10-12% range. The company also updated FY26 guidance, expecting natural hazard experience approximately $250 million above allowance and GWP growth of around 3%, impacted by NZD weakness and improved risk mix in Home.
Chairman's Letter to Shareholders - HY26 Financial Results
Suncorp reported significantly weaker H1 FY26 results with NPAT falling 76% to $263 million and cash earnings down 67% to $270 million, primarily due to $1.3 billion in weather-related claims costs that were $453 million above allowance. Despite the challenging period, the company maintained its interim dividend at 17 cents fully franked and continues its $400 million share buyback program. Key points: General Insurance GWP growth of 2.7% showing solid consumer business growth; Underlying insurance trading ratio remained strong at 11.7% in top half of target range; Strong balance sheet and capital position maintained
HY26 Appendix 4D
Suncorp Group reported a challenging H1 FY26 performance with revenue growing 3.1% to $8.64 billion, but net profit plummeted 76% to just $263 million. The company maintained dividend payments with an interim dividend of 17 cents per share, fully franked. Key points: Revenue growth of 3.1% to $8.64 billion despite challenging conditions; Maintained dividend payments with 17 cents interim dividend, fully franked; Dividend Reinvestment Plan available to shareholders
Earnings Release - 18 February 2026
Upcoming earnings release expected 18 February 2026 (from Yahoo Finance (confirmed))
FY25 Appendix 4E Preliminary Final Report
Suncorp Group delivered strong FY25 results with revenue from continuing operations increasing 16.2% to $17,470M and net profit from ordinary activities surging 66.1% to $1,560M, reflecting improved underwriting performance and investment gains. The company returned $1.11 per share in total dividends (100% franked), demonstrating confidence in earnings quality and capital position. Key points: Revenue from continuing operations increased 16.2% to $17,470M, demonstrating strong top-line growth; Net profit from ordinary activities surged 66.1% to $1,560M, significantly outpacing revenue growth indicating operational leverage; Total net profit increased 52.3% to $1,823M, reflecting strong overall financial performance
Get real-time alerts for SUN
Receive AI-powered earnings summaries and instant notifications when Suncorp Group releases results.
Register Free