Latest Credit Risk News

Liberty Group delivered a second consecutive year of profit growth in FY26 as record loan originations lifted financial assets to A$15.2 billion. The result supports a 15-cent fully franked special dividend, although credit provisions and cash flow remain important tests for the lending model.

N1 Holdings increased FY26 revenue, profit and Management EBITDA while expanding commercial loan receivables to $239.6 million and committed lending capacity beyond $400 million. The stronger result comes with higher funding exposure, covenant waivers and a property-backed credit book that carries no recognised expected credit loss provision.

MyState delivered a sharp rise in FY26 profit as Auswide integration produced $11.8 million in run-rate synergies, while the group lifted its full-year dividend to 24.5 cents per share. The next test is turning early integration gains into a larger payoff without losing control of technology costs and credit risk.

Moody’s has affirmed Emeco’s Ba3 corporate family rating with a stable outlook, citing lower leverage, strong liquidity and the growing contribution from maintenance services. The rating remains constrained by Emeco’s smaller scale and exposure to mining-sector cycles.

Sparc Technologies has made its inaugural commercial delivery of ecosparc®, a graphene additive, to a major coatings manufacturer, underpinning its push to dominate the protective coatings market. The company also launched a discounted Share Purchase Plan to fuel ongoing commercial expansion.

AF Legal Group Ltd reported a 30% surge in revenue to $35.9 million and a 354% increase in profit after tax attributable to owners in FY26, driven by strategic investments in technology and management restructuring.

Kina Securities lifted its half-year net profit by 4% to PGK 59.7 million, underpinned by a strong capital injection via Papua New Guinea’s inaugural listed corporate bond and a 13% higher interim dividend in local currency.

PT ANTAM (ASX:ATM) posted a 6% increase in net sales to Rp62.71 trillion in the first half of 2026, driven by steady gold, nickel, and bauxite sales. Profit after tax surged 34% to Rp6.91 trillion, supported by improved margins and foreign exchange gains.

Clime Capital Limited (ASX:CAM) reported a sharp turnaround for FY26, with net profit after tax soaring 236% to $10.29 million, driven by strong unrealised gains and a higher income portfolio. The company sustained its steady dividend payments and pressed ahead with an active share and convertible note buyback program.

KKR Credit Income Fund has released the audited financial statements for its core investments as of December 31, 2025, revealing mixed returns and ongoing portfolio adjustments across multiple funds.

Magellan Infrastructure Fund (Currency Hedged) reported a $73.9 million profit for FY2026, down from $108.1 million the prior year, while boosting distributions to unitholders by over 270%.

Revolution Private Credit Income Trust (ASX: REV) posted a 6.25% net return for its inaugural period, outperforming its benchmark, and executed an on-market buy-back worth $23 million.