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How humm Group Navigated Credit Losses to Deliver $13.9m Profit in 1H26

9:26am on Wednesday 11th of February, 2026 AEDT Financial Services
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How humm Group Navigated Credit Losses to Deliver $13.9m Profit in 1H26

9:26am on Wednesday 11th of February, 2026 AEDT
Key Points
  • Statutory profit after tax of $13.9m, up 13% on prior half but down 49% on prior year
  • Assets under management steady at $5.4b with commercial AUM growth offset by consumer decline
  • Credit losses increased due to portfolio seasoning, particularly in commercial lending
  • Consumer segment profit up 76.5%, led by humm Ireland and New Zealand Cards
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