Latest Credit Quality News

Westpac Banking Corporation posted a $3.5 billion net profit for the first half of 2025, maintaining strong capital ratios and advancing its digital transformation and sustainability initiatives despite a slight earnings dip.

Westpac Banking Corporation posted a slight 1% decline in net profit for the first half of 2025, underpinned by strong growth in business and institutional lending and a resilient balance sheet amid global volatility.

Westpac Banking Corporation reported a modest 1% decline in net profit to AUD 3.317 billion for the six months ended March 2025, maintaining its interim dividend and advancing key digital and sustainability initiatives.

Judo Capital Holdings updates its FY25 outlook, reporting stable margins and operational progress but slowing loan growth due to market uncertainties and higher provisioning.

Plenti Group Limited reported a standout 4Q25 with record loan originations of $407 million and a 126% jump in full-year Cash NPAT to $13.8 million, driven by robust growth across automotive, renewable energy, and personal lending.

MONEYME’s loan book surged to $1.5 billion in 3Q25, driven by a 65% jump in originations and steady revenue, underpinned by improved credit quality and innovative AI deployment.

Wisr has upgraded its FY25 loan origination growth guidance to over 90%, driven by a 115% surge in Q3FY25 loan originations and improved credit quality metrics. The fintech lender’s disciplined growth and technology investments position it well for scaling in a shifting personal and vehicle lending market.

Wisr Limited reported a robust Q3FY25 with loan originations surging 115% year-on-year and a second consecutive quarter of loan book growth, prompting an upgrade to its FY25 loan origination guidance.

Harmoney Corp upgrades its FY25 cash NPAT guidance to $5.5 million, driven by strong loan book growth and improved margins, while announcing a strategic 5% on-market share buy-back.

Harmoney has raised its FY25 cash NPAT guidance to $5.5 million and announced an on-market share buy-back, setting the stage for accelerated loan book growth and improved returns in FY26.

Beforepay Group Limited has reported its strongest Q3 FY25 performance yet, with net profit before tax tripling year-on-year and advances growing 16%. The fintech’s strategic expansion of Carrington Labs and funding optimisations signal robust momentum ahead.

National Australia Bank’s first quarter update reveals a modest 2% dip in cash earnings despite a 3% revenue increase, as credit impairment charges and expenses rise. The bank’s refreshed strategy and strong capital position set the stage for cautious optimism.