middle.news
How Is Humm Group Managing Rising Credit Losses While Posting $13.9m Profit?
9:22am on Wednesday 11th of February, 2026 AEDT
•
Financial Services
Read Story
How Is Humm Group Managing Rising Credit Losses While Posting $13.9m Profit?
9:22am on Wednesday 11th of February, 2026 AEDT
Key Points
Statutory profit after tax of $13.9 million, down 49.1% year-on-year
Net credit losses increased to 2.0% due to portfolio seasoning, especially in commercial loans
Cost to income ratio rose to 57.4%, influenced by litigation and regulatory expenses
Global operations in Ireland and UK show strong growth and profitability
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
HUM
OPEN ARTICLE