Upcoming Dividend • Mar 03
Upcoming dividend of AU$0.075 per share Eligible shareholders must have bought the stock before 10 March 2026. Payment date: 26 March 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (4.0%). Declared Dividend • Nov 30
Fourth quarter dividend of AU$0.075 announced Shareholders will receive a dividend of AU$0.075. Ex-date: 3rd December 2025 Payment date: 19th December 2025 Dividend yield will be 12%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 28
Liberty Financial Group Limited Announces Dividend for the Quarter Ended December 31, 2025, Payable on December 19, 2025 Liberty Financial Group Limited announced dividend of AUD 0.07500000 for the quarter ended December 31, 2025. Dividend payable on December 19, 2025. Record date of December 4, 2025, ex-date of December 3, 2025. Announcement • Oct 17
Liberty Financial Group Limited Announces the Appointment of Michael Hawker Am as A Non-Executive Director Liberty Financial Group Limited announced the appointment of Michael Hawker AM as a non-executive director. Michael has over 40 years' experience in the financial services industry, including as CEO and Managing Director of Insurance Australia Group from 2001 to 2008. Prior to this, he held senior positions at Westpac Banking Corporation and with Citibank in Australia and Europe. He has served as Director of Westpac Banking Corporation, Macquarie Group, Macquarie Bank, Aviva and Vicinity Centres. Michael currently serves on the Boards of Allianz Australia & NZ, British United Provident Association (BUPA) Group Board in the UK, BUPA Australia & NZ and the Museum of Contemporary Art. Mr. Hawker joins Liberty with over 40 years in the financial services industry, including as CEO and Managing Director of Insurance Australia Group. He has held senior positions at Westpac Banking Corporation and Citibank in Australia and Europe. He also brings a deep understanding of risk management, audit, sustainability and technology transformation, and a global perspective gained through his extensive international experience. He currently serves on the Boards of Allianz Australia & NZ, BUPA Group Board headquartered in the UK, BUPA Australia & NZ and the Museum of Contemporary Art. He was previously a Director of Westpac Banking Corporation, Macquarie Bank, Aviva plc and Vicinity Centres Limited. He was also previously the Lead Independent Director of Washington H. Soul Pattinson Limited and Altium Limited. He was also President of the Insurance Council of Australia, Chairman of the Australian Financial Markets Association, a Board member of the Geneva Association and a member of the Financial Sector Advisory Council. In 2010, he was made a Member of the Order of Australia for services to the community. Announcement • Sep 24
Liberty Financial Group Limited Announces Dividend for the Quarter Ended September 30, 2025, Payable on October 15, 2025 Liberty Financial Group Limited announced dividend of AUD 0.07500000 for the quarter ended September 30, 2025. Ex Date is September 29, 2025. Record Date is September 30, 2025. Payment Date is October 15, 2025. Announcement • Sep 17
Liberty Financial Group Limited, Annual General Meeting, Nov 20, 2025 Liberty Financial Group Limited, Annual General Meeting, Nov 20, 2025. Announcement • Jun 26
Liberty Financial Group Limited Announces Ordinary Dividend for the Six Months Ending June 30, 2025, Payable August 29, 2025 Liberty Financial Group Limited announced ordinary dividend of AUD 0.20 for the six months ending June 30, 2025. Record Date: June 30, 2025. Ex Date: June 27, 2025 and Payment Date: August 29, 2025. Declared Dividend • Jun 26
First half dividend of AU$0.20 announced Shareholders will receive a dividend of AU$0.20. Ex-date: 27th June 2025 Payment date: 29th August 2025 Dividend yield will be 11%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$3.68, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Diversified Financial industry in Australia. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AU$3.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Diversified Financial industry in Australia. Total loss to shareholders of 21% over the past three years. Announcement • Dec 12
Liberty Financial Group Limited Announces Change of Company Secretary Liberty Group announced the appointment of Matthew Ryan as company secretary of Liberty Financial Group Limited. Matthew is the Liberty Group General Counsel. LFG further advises that Peter Riedel has resigned as Company Secretary. Peter continues in his role as Chief Financial Officer. For the purposes of ASX Listing Rule 12.6, Matthew Ryan and Peter Riedel will both be responsible for communications with the ASX in relation to ASX Listing Rule matters. Declared Dividend • Nov 27
Final dividend of AU$0.17 announced Shareholders will receive a dividend of AU$0.17. Ex-date: 28th November 2024 Payment date: 13th December 2024 Dividend yield will be 9.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 27
Liberty Group Announces Distribution for the Six Months Ended 30 November 2024, Payable on 13 December 2024 Liberty Group announced unfranked distribution of AUD 0.120000 per Security for the six months ended 30 November 2024. The record date for the distribution is 29 November 2024. The distribution will be paid to Securityholders on 13 December 2024. Ex Date is November 28, 2024. Recent Insider Transactions • Nov 03
Independent Non-Executive Director recently bought AU$128k worth of stock On the 28th of October, Peeyush Kumar Gupta bought around 39k shares on-market at roughly AU$3.29 per share. This transaction increased Peeyush Kumar's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$256k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 25
Non-Executive Director recently bought AU$127k worth of stock On the 20th of September, Peeyush Kumar Gupta bought around 36k shares on-market at roughly AU$3.53 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Sep 24
Liberty Financial Group Limited, Annual General Meeting, Oct 24, 2024 Liberty Financial Group Limited, Annual General Meeting, Oct 24, 2024. Location: as a hybrid meeting, at dexus place, level 5, 1 margaret street, sydney, nsw 2000. Australia New Risk • Aug 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (19% net profit margin). New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Announcement • Jun 24
Liberty Financial Group Limited to Report Fiscal Year 2024 Results on Aug 26, 2024 Liberty Financial Group Limited announced that they will report fiscal year 2024 results on Aug 26, 2024 Announcement • Apr 05
Raine & Horne (Holdings) Pty. Ltd. acquired Mike Pero Real Estate Limited from Liberty Financial Group Limited (ASX:LFG). Raine & Horne (Holdings) Pty. Ltd. acquired Mike Pero Real Estate Limited from Liberty Financial Group Limited (ASX:LFG) on March 28, 2024.Raine & Horne (Holdings) Pty. Ltd. completed the acquisition of Mike Pero Real Estate Limited from Liberty Financial Group Limited (ASX:LFG) on March 28, 2024. Announcement • Nov 22
Liberty Group Announces Unfranked Trust Distribution for the Period 1 July 2023 to 30 November 2023, Payable on 15 December 2023 Liberty Group announced it will pay an unfranked trust distribution of 12 cents per Security for the 5 month period 1 July 2023 to 30 November 2023. The record date for the interim distribution is 30 November 2023. The distribution will be paid to Securityholders on 15 December 2023. Recent Insider Transactions • Sep 19
Independent Non-Executive Director recently bought AU$98k worth of stock On the 11th of September, Jane Watts bought around 27k shares on-market at roughly AU$3.64 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Aug 31
Liberty Financial Group Limited, Annual General Meeting, Oct 25, 2023 Liberty Financial Group Limited, Annual General Meeting, Oct 25, 2023. Agenda: To re-election of directors. Major Estimate Revision • Aug 31
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$608.6m to AU$590.0m. EPS estimate also fell from AU$0.444 per share to AU$0.387 per share. Net income forecast to shrink 21% next year vs 30% growth forecast for Diversified Financial industry in Australia . Consensus price target broadly unchanged at AU$3.99. Share price fell 4.8% to AU$3.73 over the past week. Major Estimate Revision • Aug 28
Consensus EPS estimates increase by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from AU$0.476 to AU$0.531. Revenue forecast unchanged at AU$640.4m. Net income forecast to shrink 18% next year vs 2.1% growth forecast for Diversified Financial industry in Australia . Consensus price target of AU$4.07 unchanged from last update. Share price fell 3.8% to AU$3.84 over the past week. Announcement • Jun 23
Liberty Financial Group Limited to Report Fiscal Year 2023 Results on Aug 28, 2023 Liberty Financial Group Limited announced that they will report fiscal year 2023 results on Aug 28, 2023 Buying Opportunity • Apr 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.5%. The fair value is estimated to be AU$4.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to decline by 3.4% per annum. Earnings is also forecast to decline by 7.8% per annum over the same time period. Major Estimate Revision • Feb 28
Consensus EPS estimates increase by 11%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from AU$810.8m to AU$777.1m. EPS estimate rose from AU$0.52 to AU$0.578. Net income forecast to shrink 16% next year vs 0.8% growth forecast for Mortgage industry in Australia . Consensus price target broadly unchanged at AU$4.20. Share price was steady at AU$3.80 over the past week. Price Target Changed • Feb 27
Price target decreased by 7.8% to AU$4.23 Down from AU$4.59, the current price target is an average from 6 analysts. New target price is 11% above last closing price of AU$3.80. Stock is down 20% over the past year. The company is forecast to post earnings per share of AU$0.56 for next year compared to AU$0.72 last year. Price Target Changed • Feb 07
Price target decreased by 7.4% to AU$4.28 Down from AU$4.63, the current price target is an average from 6 analysts. New target price is 8.7% above last closing price of AU$3.94. Stock is down 26% over the past year. The company is forecast to post earnings per share of AU$0.52 for next year compared to AU$0.72 last year. Buying Opportunity • Jan 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 2.3%. The fair value is estimated to be AU$5.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings is forecast to decline by 4.5% per annum over the same time period. Buying Opportunity • Dec 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be AU$4.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings is forecast to decline by 4.1% per annum over the same time period. Announcement • Nov 22
Liberty Financial Group Limited Announces Unfranked Trust Distribution for the Period 1 July 2022 to 30 November 2022, Payable on 15 December 2022 Liberty Group announced it will pay an unfranked trust distribution of 21 cents per Security for the period 1 July 2022 to 30 November 2022. The record date for the interim distribution is 30 November 2022. The distribution will be paid to Securityholders on 15 December 2022. Announcement • Sep 13
Liberty Financial Group Limited, Annual General Meeting, Nov 09, 2022 Liberty Financial Group Limited, Annual General Meeting, Nov 09, 2022. Agenda: To consider directorate elections. Announcement • Aug 29
Liberty Financial Group Limited Announces Actual Final Distribution for the Seven Months Ended 30 June 2022, Payable on 31 August 2022 Liberty Financial Group Limited announced its actual final distribution of 28.2 cents per Security for the seven months ended 30 June 2022. The record date for the final distribution is 30 June 2022. The distribution will be paid to Securityholders on 31 August 2022. The distribution is unfranked. Ex Date is June 29, 2022. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 18% share price gain to AU$4.76, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Mortgage industry globally. Total loss to shareholders of 28% over the past year. Major Estimate Revision • Aug 08
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from AU$720.5m to AU$645.1m. EPS estimate unchanged from AU$0.71 per share at last update. Mortgage industry in Australia expected to see average net income growth of 1.5% next year. Consensus price target down from AU$5.06 to AU$4.91. Share price rose 9.5% to AU$4.39 over the past week. Announcement • Jul 05
Liberty Financial Group Limited Appoints Jane Watts as Non-Executive Director Liberty Group has appointed Dr. Jane Watts as a non-executive director of Liberty Financial Group Limited (LFGL) to help guide its continued growth and development. Dr. Watts is currently on the boards of Family Zone, Orygen Youth Mental Health Foundation as well as Westpac Foundation. She has sat on a variety of internal company boards over many years as well as not-for-profit enterprises. Jane was previously a non-executive director on the financial advisory and accounting boards of Findex and Lachlan Partners. Dr. Watts has over 30 years' experience across banking and financial services, holding senior executive positions in Westpac, (including BT Financial Group), Macquarie and Lendlease. Throughout her career Jane has led large customer-facing businesses through a range of business cycles and in different market segments including Private Banking, Financial Advice, Wealth Management, Consumer Banking and Business Banking. Most recently Jane was the Chief Customer Engagement Officer for the Business Bank of Westpac, before she embarked on a non-executive director board career. Announcement • Jun 22
Liberty Financial Group Limited Announces Dividend for the Period Ending June 30, 2022, Payable on August 31, 2022 Liberty Financial Group Limited announced dividend of AUD 0.28000000 per share for the period ending June 30, 2022. With an ex date of June 29, 2022, record date of June 30, 2022 and payment date of August 31, 2022. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to AU$4.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Mortgage industry globally. Total loss to shareholders of 46% over the past year. Price Target Changed • Apr 27
Price target decreased to AU$6.44 Down from AU$7.64, the current price target is an average from 4 analysts. New target price is 23% above last closing price of AU$5.22. Stock is down 29% over the past year. The company is forecast to post earnings per share of AU$0.76 for next year compared to AU$0.61 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Leona Murphy was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Mar 02
Price target decreased to AU$7.09 Down from AU$7.64, the current price target is an average from 3 analysts. New target price is 36% above last closing price of AU$5.20. Stock is down 35% over the past year. The company posted earnings per share of AU$0.61 last year. Price Target Changed • Feb 28
Price target decreased to AU$7.20 Down from AU$8.06, the current price target is an average from 5 analysts. New target price is 51% above last closing price of AU$4.76. Stock is down 41% over the past year. The company is forecast to post earnings per share of AU$0.75 for next year compared to AU$0.61 last year. Reported Earnings • Aug 31
Full year 2021 earnings released: EPS AU$0.61 (vs AU$0.44 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$393.9m (up 23% from FY 2020). Net income: AU$185.9m (up 38% from FY 2020). Profit margin: 47% (up from 42% in FY 2020). The increase in margin was driven by higher revenue. Announcement • Jun 24
Liberty Financial Group Limited Revises Earnings Guidance for the Full Year of Fiscal 2021 Liberty Financial Group Limited revised earnings guidance for the full year of fiscal 2021. For the year, the company expects underlying NPATA to be in excess of $220 million before any adjustment to the collective provision for financial asset impairment. Announcement • May 19
TPG Capital Reportedly Losing Interest in Westpac Car Loan Sale TPG Capital, L.P. is believed to be rethinking its position in the competition to buy Westpac Banking Corporation's car loans business, which is now likely to have Liberty Financial Group Limited (ASX:LFG) as a solo bidder. Liberty Financial and TPG had formed a consortium to buy the loans, taking on shortlisted rivals including KKR & Co. Inc. (NYSE:KKR), Cerberus Capital Management, L.P. and Angle Finance. Allied Credit is also preparing for the final stages of the contest, but some question whether its private equity bidding partner Bain Capital remains a motivated buyer. The thinking from most around the market is that TPG and possibly Bain are now unlikely starters after the sales process took a different path, with Westpac opting to retain almost all of the existing loans. The opportunity for buyers is now largely the right to generate new business. The size of the portfolio of loans on offer has decreased to about $2 billion from $11 billion, with the floor plan financing available to a new owner. TPG would have earlier provided fire power for a larger Liberty Financial bid. However, the groups have a 20-year relationship, and some say TPG remains on standby if there is any need for capital by Liberty. Bids are due in the middle of next month in a Morgan Stanley-run competition now thought to be led by loan operators rather than private equity powerhouses. Westpac has been prepared to offer synthetic loans to interested buyers, sources say. Announcement • May 15
Westpac Sell-Off Reportedly Ramps Up Several asset sales are expected in the months ahead divestment spree of Westpac Banking Corporation (ASX:WBC) is gathering momentum with several chunky asset sales likely to be agreed in coming months. As revealed by The Australian on May 14, 2021, Liberty Financial Group Limited (ASX:LFG) and TPG Capital, L.P. are firming as the frontrunner to buy Westpac's auto finance business. The sale process for the bank's auto loan unit is in the final furlong and is most advanced in Westpac's divestment pipeline in its specialist division. Sources said The Carlyle Group Inc. (NasdaqGS:CG) was still around the Westpac auto finance sale process, but the Liberty-TPG partnership was considered at the front of the pack. The Westpac specialist unit is run by Jason Yetton and is also seeking to offload bank businesses including its life insurance division, investment platform and superannuation arms. Besides TPG, other private equity firms that were separately linked to the Westpac auto loans sale include Bain Capital Credit, LP, KKR & Co. Inc. (NYSE:KKR) and Cerberus Capital Management, L.P. Some of those firms had partnered with non-bank lenders to pursue the Westpac portfolio. DataRoom in March reported that as many as 36 parties had signed nondisclosure agreements to enter Westpac's transaction dataroom for the auto finance sale. Morgan Stanley is advising Westpac on the auction process. Announcement • Dec 16
Liberty Financial Group Limited has completed an IPO in the amount of AUD 320.70072 million. Liberty Financial Group Limited has completed an IPO in the amount of AUD 320.70072 million.
Security Name: Stapled Securities
Security Type: Common Stock
Securities Offered: 53,450,120
Price\Range: AUD 6
Transaction Features: Reserved Share Offering