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AMP Limited

AMP.AX

Latest Trade

1.74AUD

Change

0.04(+2.35%)

Volume

13,906,510

Today's Range

1.69

 - 

1.76

52 Week Range

1.57

 - 

3.35

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
1.70
Open
1.69
Volume
13,906,510
3M AVG Volume
436.27
Today's High
1.76
Today's Low
1.69
52 Week High
3.35
52 Week Low
1.57
Shares Out (MIL)
2,927.66
Market Cap (MIL)
5,842.22
Forward P/E
9.69
Dividend (Yield %)
8.24

Next Event

Dividend For AMPPA.AX - 1.0497 AUD

Latest Developments

More

AMP To Merge Banking And Australian Wealth Management Business Units

Australian Securities & Investments Commission Updates On Royal Commission Implementation

AMP Announces Completion Of Share Purchase Plan

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About AMP Limited

AMP Limited is a wealth management company. The Company's operating segments include Australian wealth management, which provides financial advice services, platform administration, unit-linked superannuation, retirement income and managed investment products; AMP Capital, which is a diversified investment manager; Australian wealth protection, which includes individual and group term, disability and income protection insurance products; AMP Bank, which offers residential mortgages, deposits, transaction banking and self-managed superannuation fund (SMSF) products; New Zealand financial services, which provides risk insurance, wealth management and mature book, and Australian mature business, which includes whole of life, endowment, investment-linked, investment account, retirement savings account, eligible rollover fund, annuities, insurance bonds, personal superannuation and guaranteed savings account.

Industry

Investment Services

Contact Info

Amp Sydney Cove Building

L 24 33 Alfred Street

+61.2.92575000

https://www.amp.com.au/

Executive Leadership

David Victor Murray

Independent Non-Executive Chairman of the Board

Francesco Alexander de Ferrari

Chief Executive Officer, Director

James Georgeson

Acting Chief Financial Officer

Megan Elizabeth Beer

Chief Executive - AMP Life

Adam Tindall

Chief Executive Officer - AMP Capital

Key Stats

3.45 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2016

0.5K

2017

1.1K

2018

0.7K

2019(E)

0.6K
EPS (AUD)

2016

0.165

2017

0.356

2018

0.235

2019(E)

0.175
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.34
Price To Book (MRQ)
1.16
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
521.21
LT Debt To Equity (MRQ)
217.91
Return on Investment (TTM)
--
Return on Equity (TTM)
-1.59

Latest News

Latest News

Australia's embattled AMP merges banking, domestic wealth management units

Australia's AMP Ltd <AMP.AX> said on Thursday it will merge its banking and Australian wealth management units as part of a turnaround plan aimed at making the firm more customer-focused, after an inquiry revealed widespread misconduct.

Australia's AMP to merge banking, domestic wealth management businesses

Beleaguered Australian wealth manager AMP Ltd said on Thursday it will merge its banking and Australian wealth management business units into a new entity to be named AMP Australia.

RPT-Australia's AMP under pressure as pension clients exit

* At least four other companies reviewing AMP contracts - sources

Australia's AMP under pressure as pension clients exit

Australia's AMP Ltd <AMP.AX> has lost at least one major pension contract while other companies are reviewing their relationship with the wealth manager, which has struggled to stem a client exodus following revelations of serious misconduct.

UPDATE 1-Australia's AMP raises $538 mln to fund turnaround

Australia's AMP Ltd said on Tuesday it had raised about A$784 million ($538.1 million) to fund the restructuring of its flagship business following revelations of misconduct and poor governance.

Australia's AMP begins cull of financial adviser network

Australia's AMP Ltd has started telling some of its more than 1,500 aligned financial advisers that it is cancelling their licences, taking a tough stance in the wake of last year's inquiry into misconduct in the country's financial sector.

Australia's AMP hires former CBA executive to head whistleblower program

Australia's largest listed wealth manager AMP Ltd on Monday appointed a former Commonwealth Bank executive to a new role as Group Whistleblowing Officer as it tries to regain customer trust following damaging revelations of misconduct.

UPDATE 1-S&P downgrades credit rating of Australia's AMP following insurance sale

Ratings agency S&P Global downgraded the credit worthiness of troubled Australian wealth manager AMP Ltd and its subsidiaries by one notch on Tuesday, after it agreed to sell its life insurance unit to Britain's Resolution Life.

S&P downgrades credit rating for Australia's AMP

Ratings agency S&P Global downgraded the credit worthiness of Australia's largest listed fund manager AMP Ltd and its subsidiaries one notch on Tuesday due to its less diversified profile.

Australia's AMP draws 'line in sand' as funds drain away

Troubled Australian wealth manager AMP Ltd <AMP.AX> sought investor support for a capital raising to fund a turnaround plan on Thursday, as it posted its biggest half-year loss as a listed company following damaging revelations of misconduct.

Australia's AMP Ltd to sell life insurance business for $2 bln

Australian wealth manager AMP Ltd said on Thursday it would sell its life insurance business at revised terms to British insurer Resolution Life for A$3 billion ($2.03 billion).

Australia's AMP posts net loss for H1, announces cost cuts

AMP Ltd, Australia's largest wealth manager, reported a 38% drop in underlying profit in the first half of this year on Thursday, amid strong fund outflows from its wealth unit.

Australia's AMP says $2 billion insurance sale likely off after New Zealand action

Australian wealth manager AMP Ltd <AMP.AX> said it would likely pull the A$3.3 billion ($2.3 billion) sale of its life insurance unit after the intervention of New Zealand's central bank, raising concerns about its recovery strategy and sending its shares tumbling.

Australia's AMP says insurance business sale unlikely to proceed

Wealth manager AMP Ltd on Monday said the sale of its life insurance business to London-based insurance firm Resolution Life was "highly unlikely" to proceed.

Australian regulator slaps stricter conditions on AMP's pension funds, shares fall

Australia's banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd's pension fund units following concerns regarding its compliance with superannuation laws, sending its shares down more than 4%.

Australia banking watchdog slaps compliance orders on AMP pension fund units

Australia's banking watchdog on Friday said it had issued directions and license conditions on AMP Ltd's pension fund units to force it to comply with regulations governing the superannuation industry.

Australia's AMP hit with class-action lawsuit from pension account holders

Australian wealth manager AMP Ltd said on Thursday it would defend itself against a new class-action lawsuit filed on behalf of pension fund account holders and claiming overcharging of fees.

Australia's AMP hit with class-action lawsuit from pension account holders

Australian law firm Maurice Blackburn on Thursday said it had filed a class-action lawsuit against wealth manager AMP Ltd on the behalf of all AMP superannuation fund account holders.

Australian AMP's 'freaked out' customers flee after advice scandal

Australia's oldest wealth manager, AMP Ltd, posted a near nine-fold increase in cash outflows at its wealth management unit on Thursday in the wake of damaging revelations of misconduct, sending its shares down sharply.

Australia's AMP seen prevailing as shareholder revolt wanes

Embattled Australian wealth manager AMP Ltd is expected to survive a second shareholder vote in two years against its executive pay plans, but is still likely to face tough questions about its strategy at its annual meeting on Thursday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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