AMP Ltd
AMP: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^D | LOCK|@V | LOCK|q<L |
AMP Earnings: A Beat Now, but Cyclical Drivers Raise Doubts on Durability
AMP's underlying net profit after tax for the first half of 2026 rose 33% from last year to AUD 174 million. Key contributors were higher income from strategic partnerships and group cash, reduced interest expense following a debt note redemption, and solid wealth management product flows.
