Australian insurance brokerage Steadfast Group reported underlying revenue of US$1 billion in the first half of 2026, an increase of 14.6% over the same period last year.
In the first half of 2026, the group’s underlying EBITA increased by 12.6% to US$293.6 million, driven by strong contributions from subsidiary performance improvement plans, acquisitions and strict expense management.
Underlying NPATA increased 6.3% to $161.5 million, while underlying NPAT increased 7.3% to $137.5 million.
By business unit, Steadfast’s Australian online brokerage total premium income was US$6.4 billion, a year-on-year increase of 4.4%, and underlying EBITA increased by 13.0%, of which upgrades and additional businesses of existing stock brokers contributed to an 11.7% increase.
Steadfast Underwriting Agency reported total written premiums of $1.2 billion, up 3%, and underlying EBITA of $112.7 million.
Underlying EBITA for the Steadfast International business was $9.5 million, an increase of $10.1 million compared to the first half of 2025.
The board of directors announced a fully tax-free interim dividend of 8.2 cps for the first half of 2026, an increase of 5.1% from 7.8 cps.
Steadfast also announced the appointment of Hannah Lee as its new chief financial officer, effective February 24, 2026. She was appointed interim chief financial officer on August 31, 2025, having previously served as group financial director.
Robert Kelly AM, Managing Director and Chief Executive Officer of Steadfast, commented: “The results for the first half of 2026 continue our record of strong revenue and profit growth, reflecting the strong underlying business and the Group’s resilient and adaptable business model.
“The executive leadership team remains focused on delivering profitable growth and maintaining the discipline to execute the business strategy to deliver sustainable and robust returns to shareholders.”
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