--- title: "Challenger Full-year Profit Surges; Lifts Dividend; Increases Share Buyback; Stock Up" type: "News" locale: "en" url: "https://longbridge.com/en/news/296183612.md" description: "Challenger Limited reported a 162.9% surge in FY2026 statutory net profit to A$505.6 million, driven by a turnaround in net insurance results and Life business growth. The company increased its share buyback program to A$450 million, raised the full-year dividend by 7%, and declared a special dividend. Shares rose over 6% on the ASX following the announcement." datetime: "2026-08-18T06:10:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296183612.md) - [en](https://longbridge.com/en/news/296183612.md) - [zh-HK](https://longbridge.com/zh-HK/news/296183612.md) generator: "portal-rs" --- # Challenger Full-year Profit Surges; Lifts Dividend; Increases Share Buyback; Stock Up Add as your preferred news source on Google Add Now Challenger Limited (CFIGF.PK), an Australian provider of retirement income and investment management solutions, reported a significant improvement in statutory profitability for fiscal 2026, supported by a turnaround in the net insurance result, and continued growth in its Life business. The company also increased its share buyback program to A$450 million from A$150 million. Statutory net profit after tax increased 162.9% to A$505.6 million from A$192.3 million a year ago. EPS rose 150.4% to 69.1 cents from 27.6 cents Profit from continuing operations surged to A$469.1 million, or 64.1 cents per share, from A$167.9 million, or 23.6 cents per share last year. Normalised net profit after tax increased 3% to A$468 million or 68.1 cents per share. Core basic EPS was 44.2 cents. Profit before net insurance and tax rose 26.0% to A$633.0 million from A$502.2 million a year earlier. The net insurance result swung to a profit of A$41.2 million from a loss of A$249.5 million in FY25, primarily reflecting a sharp reduction in net insurance finance expenses, which fell to A$25.1 million from A$385.3 million. Non-insurance finance costs declined 31.0% to A$567.5 million from A$822.7 million in FY25, further supporting statutory earnings. Challenger's Life business delivered solid growth, with total Life sales increasing 12% to A$9.6 billion. Average investment assets expanded 6% to A$26.2 billion. Insurance revenue grew 10.0% to A$825.3 million from A$750.5 million, although the insurance service result declined 51.2% to A$66.3 million from A$135.8 million. Revenue excluding insurance contracts decreased 1.7% to A$2.111 billion from A$2.147 billion in the previous year. The company declared a full-year dividend of 31.5 cents per share, up 7%, and a special dividend of 1.5 cents per share, both payable on September 17 to shareholders of record on August 26. For fiscal 2027, Challenger expects core basic EPS to be in the range of 45 to 49 cents. On the ASX, Challenger shares were up more than 6% at A$10.31. For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [CGF.AU](https://longbridge.com/en/quote/CGF.AU.md) ## Related News & Research - [Mega IPOs Could be Coming: Here’s How They Might Impact Dividends](https://longbridge.com/en/news/296815476.md) - [Minerals 260 Plans New Share Placement on ASX](https://longbridge.com/en/news/297256901.md) - [Propel Funeral Partners Files ASX Governance Appendix for FY26](https://longbridge.com/en/news/296837187.md) - [Labat Africa shares suspended on Johannesburg Stock Exchange over unpaid dividend](https://longbridge.com/en/news/297174240.md) - [Dotz Nano Redeems Convertible Notes, Streamlines Capital Structure](https://longbridge.com/en/news/296859835.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**