Quilter announces £100m share buyback as FY profits beat expectations

(Sharecast News) - Quilter reported record net inflows on Wednesday and better-than-expected full-year profits, as the wealth manager announced a £100m share buyback. In the year to the end of December 2025, total assets under management and administration increased 18% to £141.2bn reflecting net inflows of £8.7bn - up 83% on the previous year - and a positive contribution from markets.

Quilter said its Affluent segment delivered net inflows of £8.5bn, while High Net Worth delivered £686m.

Adjusted pre-tax profit was up 6% at £207m, beating consensus expectations of £201.2m, while the operating margin improved to 30% from 29% a year earlier.

Revenues grew 5% to £701m, reflecting higher management fee revenue partially offset by lower investment revenue generated on shareholder funds.

Quilter proposed a final dividend of 4.3p per share, taking the total dividend for the year to 6.3p, up 7% on the prior year.

The company also announced a share buyback programme of up to £100m to be completed over the remainder of this year. From the 2026 financial year, Quilter will move to a shareholder distribution policy of 70% of post-tax, post-interest earnings through a combination of ordinary dividends and regular ongoing share buybacks.

Chief executive Steven Levin said: "I'm very pleased with our performance in 2025. We delivered record flows, with our Affluent and High Net Worth segments both outperforming their market peers for level of inflows and growth as a percentage of opening assets.

"This clearly demonstrates the powerful nature of our dual-distribution model. Our business has strong momentum and is in great shape, with excellent growth opportunities ahead."