Regal Partners reported normalized net profit after tax of $93.3 million for the first half of 2026, up 108% from the prior corresponding period, and doubled its fully franked interim dividend to $0.12 per share. Management and loan fee revenue rose 14% to $113.9 million, while performance fee revenue reached $119 million, driving earnings per share up 104% to $0.214. Funds under management hit $21.4 billion with record half-year net flows of $1.4 billion, though $500 million in outflows from two institutional clients participating in a government water buyback program partially offset inflows. The company paused its $75 million share buyback after completing only $5 million, prioritizing dividends and organic growth, and announced a new Multi-Strategy Income Fund targeting a yield of the RBA cash rate plus 350 basis points. CEO Brendan O'Connor also outlined a transition plan for Phil King's retirement, with a Regal Investment Committee to oversee the 16% of funds he manages by January 1, 2027.
Meta Platforms Inc.Profit surged 108%, dividend doubled, and EPS up 104%
