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Why Did Humm Group’s Australian Point of Sale Volumes Plunge 61% in 1Q26?
8:33am on Friday 31st of October, 2025 AEDT
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Financial Services
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Why Did Humm Group’s Australian Point of Sale Volumes Plunge 61% in 1Q26?
8:33am on Friday 31st of October, 2025 AEDT
Key Points
New loan originations down 14% to $845 million in 1Q26
Australian Point of Sale volumes plunge 61% due to product and tech issues
Commercial lending volumes fall 13%, but assets under management rise 7.2%
Credit losses increase with commercial net loss ratio up 70 basis points
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