Perpetual stock reports FY26 profit recovery as AGM nears

Published on 10/07/2026 at 04:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Perpetual's FY26 underlying profit after tax reached AUD 217.0 million, up 6 percent from FY25. Five analysts set a Neutral consensus with an AUD 20.53 average target.

Perpetual, AU000000PPT9, Illustration mit AI erstellt.

Perpetual stock (ISIN AU000000PPT9) was trading at AUD 17.03 on the ASX on October 7, 2026, up 0.47 percent from the prior close. The latest company figures show underlying profit after tax of AUD 217.0 million for fiscal year 2026, a 6 percent increase from FY25, while the statutory result returned to a profit of AUD 88.9 million from a loss of AUD 58.2 million.

Profit recovery reshapes the story

According to Kapitales Research on August 27, 2026, Perpetual's FY26 results also showed Corporate Trust underlying profit before tax rising 8.7 percent to AUD 98.8 million. Asset Management generated underlying profit before tax of AUD 207.5 million, while assets under management stood at AUD 224.4 billion as of June 30, 2026.

The earnings comparison is the central signal for investors: revenue was AUD 1,374.2 million in FY26, broadly in line with FY25, but profit improved through cost discipline and stronger contributions from Corporate Trust. Annualized savings reached AUD 72.6 million as of June 30, 2026, supporting the group's simplification strategy.

Analyst targets remain above the price

According to Investing.com, five analysts held a Neutral consensus, comprising one Buy, four Hold ratings and zero Sell ratings. The average 12-month target was AUD 20.53, with a high target of AUD 23.30 and a low target of AUD 19.50.

Against the ASX price of AUD 17.03 on October 7, 2026, the average target lies 20.5 percent above the price. That gap is a valuation reference rather than a forecast from this article, and it sits alongside the operational risk visible in Asset Management's AUD 224.4 billion asset base and the company's ongoing simplification work.

AGM sets the next checkpoint

Perpetual's shareholder calendar lists the 2026 annual general meeting for October 29, 2026, according to the company's shareholder center. The meeting comes after the company declared a final unfranked dividend of AUD 0.63 per share for FY26, paid on October 2, 2026.

For investors, the contrast is clear: Perpetual delivered a 6 percent increase in underlying profit after tax while revenue remained broadly flat. The next assessment will be whether cost savings and Corporate Trust growth can offset pressure on asset-management flows.

Perpetual stock trades below its yearly high

Perpetual stock was trading at AUD 17.03 on the ASX on October 7, 2026 at 1:06 p.m. AEDT. Its 52-week range was AUD 15.10 to AUD 21.41, placing the price 20.5 percent below the high.