Latest Consumer And Commercial Lending News

Solvar Limited posted a 6.2% decline in statutory net profit for FY26 to $29.5 million, while normalised earnings rose 7.5%. The lender declared a 19.5 cents fully franked dividend and expanded its Australian loan book by 10.5%, driven by growth in commercial lending.

Plenti Group delivered a record quarter with $536 million in loan originations and maintained strong credit metrics, setting a robust foundation for FY27 growth and profitability targets.