Suncorp Group Limited (SNMCY) Q4 2026 Earnings Call Transcript

SA Transcripts 161.76K Followers Follow Suncorp Group Limited ( SNMCY ) Q4 2026 Earnings Call August 11, 2026 8:01 PM EDT Company Participants Steve Johnston - CEO, MD & Executive Director (Leave of Absence) Jeremy Robson - Acting Chief Executive Officer Lisa Harrison - Chief Executive Officer of Consumer Insurance Adam Bennett - Chief Information Officer Conference Call Participants Andrei Stadnik Mark Tomlins Julian Braganza - Goldman Sachs Group, Inc., Research Division Siddharth Parameswaran - JPMorgan Chase & Co, Research Division Kieren Chidgey - UBS Investment Bank, Research Division Nigel Pittaway - Citigroup Inc., Research Division Andrew Buncombe - Macquarie Research Michelle Leong Freya Kong - BofA Securities, Research Division Presentation Steve Johnston CEO, MD & Executive Director (Leave of Absence) Well, good morning, and welcome, everyone here in Sydney and variously around the world on the line. So let me begin by acknowledging the traditional owners of the lands on which we meet and pay our respects to elders past and present. Today, I'm joined by our CFO, Jeremy Robson, to present the financial results for FY '26. We'll run through the presentation and other members of the leadership team will then join us for the Q&A session that follows. So let me start with some of the highlights of the result and FY '26 highlighted the strong underlying trajectory of the Suncorp business. We grew underlying earnings. We maintained margins at the top end of our target range. We improved our expense ratio, and we grew in almost all of our core portfolios. The strength of the business is also reflected in the balance sheet. And today, we've announced a fully franked special dividend of $0.10 per share and a further buyback of up to $250 million. This brings to over $4.8 billion of total capital that we've returned to shareholders over the past 3 years. Now there are now 238 million fewer shares on issue today than there were 6 years ago. And all along, that improves the EPS