AMP

AMP is an Australia-based financial firm that provides savings accounts, loans, mortgages, credit cards and online banking services for individuals and businesses. Read more

Scott Hartley's photo - Interim-CEO of AMP

Interim-CEO

Scott Hartley

CEO Approval Rating

76/100

Founded:

1849

Status:

PublicIndependent CompanyAustralian Securities ExchangeAMP

AMP TOP COMPETITORS OR ALTERNATIVES

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Westpac is seen as one of AMP's top competitors. Westpac was founded in 1817, and is headquartered in Sydney, New South Wales. Like AMP, Westpac also competes in the Banks industry. Westpac generates $11.7B more revenue vs. AMP.

Suncorp is a top competitor of AMP. Suncorp was founded in 1902, and its headquarters is in Brisbane, Queensland. Like AMP, Suncorp also competes in the Banks field. Suncorp has 7,600 more employees than AMP.

CommBank is AMP's #3 rival. CommBank was founded in Sydney, New South Wales} in 1911. Like AMP, CommBank also works within the Banks industry. Compared to AMP, CommBank generates $15.7B more revenue.

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AMP Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.6B

AMP's revenue is the ranked 12th among it's top 10 competitors. The top 10 competitors average 18.5B. Over the last three quarters, AMP's revenue has decreased by 0%. Specifically, in Q4 2020's revenue was $2.6B; in Q3 2020, it was $2.6B; in Q2 2020, it was $2.6B.

AMP Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
SuperIQ

Nov 2015

Source »
undisclosed
-
Supercorp Technology Pty Ltd.

Nov 2015

Source »
undisclosed
-
Justsuper Pty Ltd

Jul 2015

Source »
undisclosed
-

These are all the companies that AMP has acquired. AMP has acquired 3 companies and its latest acquisition was SuperIQ in Nov 2015.

AMP Funding History

No recent funding data found related to AMP

AMP Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

MoneyBrilliant is a personal finance application that helps users to track all their financial accounts and spendings.
$1.5M
Sep 03, 2015
Seed
Mar 01, 2016

These are all the companies that AMP has invested in. AMP has invested 3 companies and its latest investment was SuperIQ in Nov 2015.

AMP News

May 27, 2021Insurance News AU

ASIC sues AMP for charging deceased customers

The corporate regulator has commenced civil penalty proceedings against a group of AMP-linked compani... See more »
May 27, 2021Finance News Network

ASIC litigates against AMP (ASX:AMP) for mischarging deceased

27 May 2021 - The Australian Securities and Investments Commission (ASIC) has begun legal proceedings... See more »
May 24, 2021Money Management

AMP launches six PMPs on MyNorth platform

Financial planningAMP has launched six new partnered managed portfolios through its MyNorth wrap plat... See more »
May 24, 2021Financial Standard AU

AMP adds partnered portfolios to MyNorth

AMP has launched six new partnered managed portfolios (PMP) with advice practices, bringing the total... See more »
May 11, 2021Geelong Advertiser

AMP unveils new leadership team

AMP Australia CEO Scott Hartley has unveiled his new leadership team, alongside a fresh operating mod... See more »
May 11, 2021Money Management

Key management changes at AMP Wealth

Financial planningAMP has announced a flatter management structure covering AMP Wealth and AMP Bank.... See more »
May 9, 2021Money Management

AMP begins $200 million share buy-back

Funds managementAMP Limited has started a $200 million on-market buy-back of its shares.... See more »

AMP Press Releases

September 12, 2017Business Wire

As United Capital's FinLife Partners Experiences Tremendous Growth, the Firm Adds Key Executives and Welcomes Additional Funding to Support Its State-of-the-Art Tools & Technology

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--As United Capital's FinLife Partners experiences tremendous g... See more »
June 23, 2017Thailand Press Release News

Outlook On AMP Bank Ltd. Revised To Negative From Ratings Affirmed At #A/A-1#

SYDNEY (SP Global Ratings) June 23, 2017-SP Global Ratings said today that it had revised the outlook... See more »
November 4, 2016Thailand Press Release News

Outlooks On AMP Ltd. And Its Insurance Subsidiaries Revised To Negative From Ratings Affirmed

SYDNEY (SP Global Ratings) Nov. 4, 2016-SP Global Ratings today said it has revised to negative from ... See more »
January 13, 2016PRWIRE

Australians "Lost" $16 Billion in Superannuation Funds in 2014

Perth, WA, 14 January 2016 - The Australian Taxation Office (ATO) revealed statistics for 2014 that m... See more »
November 18, 2015NEWSWISE

AMP Submits Written Testimony for Hearing on "Examining the Regulation of Diagnostic Tests and Laboratory Operations"

AMP submitted written testimony to the House Energy and Commerce Subcommittee on Health for their hea... See more »
October 1, 2015PR-INSIDE

Top ICT spenders in the Australian Insurance Industry; Estimated ICT budget breakdowns in 2015

(PR-inside.com) Top ICT spenders in the Australian Insurance Industry presents the output from Kable'... See more »
December 21, 2014PR-INSIDE

AMP Limited - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

(PR-inside.com) MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Inves... See more »

AMP Videos

Social Media

AMP Headquarters

33 Alfred Street Circular Quay

Sydney, New South Wales2000

61-2-9257-6127

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AMP Summary

ABOUT

Overview

AMP is an Australia-based financial firm that provides savings accounts, loans, mortgages, credit cards and online banking services for individuals and businesses. AMP was founded in 1849. AMP's headquarters is located in Sydney, New South Wales, AU 2...

CEO

AMP's Interim-CEO, Scott Hartley, currently has an approval rating of 76%. AMP's primary competitors are Westpac, Suncorp & CommBank.

Website

amp.com.au

Frequently Asked Questions about AMP

  1. When was AMP founded?

    AMP was founded in 1849
  2. Who is AMP's CEO?

    AMP's CEO is Scott Hartley
  3. How much revenue does AMP generate?

    AMP generates $2.6B in revenue
  4. How much funding does AMP have?

    AMP has historically raised $0 in funding
  5. Where is AMP's headquarters?

    AMP's headquarters is in Sydney New South Wales, AU
  1. How many employees does AMP have?

    AMP has 5,900 employees
  2. What sector does AMP operate in?

    AMP is in Banks, Diversified Financial Services
  3. Who are AMP's competitors?

    AMP's top competitors are Westpac, Suncorp, CommBank
  4. Who has AMP invested in?

    AMP's has invested in companies such as MoneyBrilliant