First Impressions on AMP - A tidy and solid 1H15 result

Bell Potter


AMP had ROE up 1% to 13.5% (vs our 13.7% estimate). Their life company recovery was on track, however slightly below our estimate. AMP Bank continues to grow strong with their cost efficiency program on track. They had an increase in regulatory capital above MRR moving to $2.3 billion, vs 2.0 billion at FY14. Read the full summary here: (VIEW LINK)

1 stock mentioned

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.