iFAST Q2 2026 slides: record AUA, profit growth amid stock decline
(SGX:IFAS) presented its second quarter 2026 results on July 24, 2026, showcasing record-breaking performance across key metrics even as shares declined 2.69% to $9.03 following the announcement. The Singapore-based digital wealth and banking platform reported revenue of S$162.04 million and net profit of S$29.85 million, both surpassing analyst expectations by significant margins.
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(SGX:IFAS) presented its second quarter 2026 results on July 24, 2026, showcasing record-breaking performance across key metrics even as shares declined 2.69% to $9.03 following the announcement. The Singapore-based digital wealth and banking platform reported revenue of S$162.04 million and net profit of S$29.85 million, both surpassing analyst expectations by significant margins. The presentation detailed a company firing on multiple cylinders: assets under administration hit an all-time high of S$36.13 billion, the banking division achieved record profitability, and management raised full-year dividend guidance. Yet the muted market reaction—with shares trading roughly midway between their 52-week range of $7.79 to $11.06—suggests investors remain cautious about near-term margin expansion and the pace at which newer business initiatives will scale.
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- (SGX:IFAS) presented its second quarter 2026 results on July 24, 2026, showcasing record-breaking performance across key metrics even as shares declined 2.69% to $9.03 following the announcement. The Singapore-based digital wealth and banking platform reported revenue of S$162.04 million and net profit of S$29.85 million, both surpassing analyst expectations by significant margins.
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iFAST Q2 2026 slides: record AUA, profit growth amid stock decline
Sources1TypeCoverageInvesting.com · Company News