Latest Asset Quality News

Judo Bank has raised its FY26 cost of risk guidance due to three specific customer exposures, yet maintains a strong profit outlook with a projected 30% increase in pre-tax earnings.

Judo Bank has successfully upsized a capital-relief securitisation to $750 million, strengthening its CET1 ratio and enhancing return on equity for FY27.

Maronan Metals has completed a $22 million strategic placement with Kinterra Capital, which now holds nearly 20% of the company. The funds will accelerate an expanded 2026 drilling campaign and Preliminary Feasibility Study for the Maronan Project in Queensland.

St Barbara Limited has secured final investment decisions for its New Simberi expansion in Papua New Guinea and the Touquoy Restart in Nova Scotia, targeting a production surge exceeding 200% over the next four years.

Nationwide Building Society reported a 9% rise in underlying profit to £2.026 billion for FY26, driven by market-leading mortgage growth and successful Virgin Money integration, while maintaining robust capital and liquidity positions.

oOh!media posts solid early 2026 revenue growth and launches a $12 million annual savings program, while exiting retail media and navigating takeover bids.

GreenTech Metals has raised $7.5 million through an oversubscribed placement to accelerate exploration and development at its Munni Munni and Whundo projects in Western Australia's West Pilbara.

Peel Mining’s scheme of arrangement with Aeris Resources, coupled with the demerger of Spectre Metals, gains strong endorsement from an independent expert, positioning shareholders for exposure to both a copper producer and a zinc-focused explorer.

Judo Bank’s Q3 results show solid lending expansion, stable credit quality amid economic uncertainty, and reaffirmed FY26 guidance with a healthy capital buffer.

Breakthrough Minerals (ASX:BTM) has secured A$5.15 million through a placement to fund a substantial expansion of its drilling program at the North Queensland Copper-Gold Project, aiming to grow its resource base beyond 200,000 tonnes of contained copper equivalent.

Judo Bank reported solid Q3 lending growth and stable asset quality, maintaining its FY26 profit before tax guidance between $180m and $190m despite increasing credit loss provisions due to economic uncertainty.

Xpedra Resources has secured $3.2 million through a two-tranche placement to fund drilling and project acquisition across its high-grade gold assets in New South Wales, including Springfield and Neeld.