Yesterday, diversified financial services firm Bell Financial Group Ltd (ASX: BFG) reported record earnings for the first half of FY26, underpinned by a 36% surge in revenue and a 133% jump in net profit after tax.
Image source: Getty Images
What did Bell Financial Group report?
- Revenue: $165.6 million, up 36.3% on 1H25
- Net profit after tax (NPAT): $21.7 million, up 133.3%
- Earnings per share: 6.8 cents, up 134.5%
- Interim dividend: 5.0 cents per share, up 66.7%
- Funds under advice: $91.4 billion, down 0.8% since December 2025
- Return on equity: 12.2%, up from 5.7% in 1H25
What else do investors need to know?
Bell Financial Group's record earnings were driven by improved market conditions and increased trading volumes, especially in its Markets division, where equity capital markets revenue soared. The company successfully launched the Bell Potter Private Wealth platform in July 2026 and introduced its new ANZ-backed Bell Cash Account earlier in April.
While funds under advice dipped slightly, funds under management rose by 3.5% to $9.8 billion, thanks to strong client inflows. The group finished the half with $118.3 million in cash and no core debt, supporting its growth plans and dividend payout.
What's next for Bell Financial Group?
Looking ahead, Bell Financial Group aims to build on the launch of its Bell Potter Private Wealth service, targeting further growth and margin improvement. New wealth products such as model portfolios and separately managed accounts are set to launch in the second half of FY26.
The company will also release new web and mobile client portals to strengthen digital engagement and simplify portfolio access. Management remains optimistic, despite ongoing global market uncertainty, citing a strong balance sheet and strategic investment focus.
Bell Financial Group share price snapshot
Over the past 12 months, Bell Financial Group shares have risen 23%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 3% over the same period.
