Latest Lending News

Kina Securities Limited reported a 20% increase in statutory net profit after tax to PGK 120.7 million for 2025, driven by strong revenue growth and loan book expansion. The bank declared a higher final dividend and anticipates continued earnings growth in 2026 amid favourable economic conditions and tax cuts.

Block, Inc. reported robust financial results for 2025, driven by Cash App and Square growth, while announcing a significant workforce reduction to accelerate AI-driven innovation and efficiency.

Talonx Resources has confirmed significant high-grade gold mineralisation at its Viking Gold Project, with new assays revealing up to 20.6g/t gold over one metre. The company plans to resume drilling in March 2026 to expand these promising zones.

Grange Resources has reported a notable decline in profits for the 2025 financial year, alongside an 8% fall in revenues and no dividend payout, signaling a cautious stance amid challenging conditions.

Spenda Limited reported a significant reduction in its half-year net loss to $6 million, alongside a doubling of payment transaction volumes, as it restructures leadership and refocuses its core software and payments products.

KKR Credit Income Fund reported a $7.1 million operating profit for the half-year ending December 2025, down sharply from last year, while reinstating its Distribution Reinvestment Plan and maintaining steady monthly distributions.

COG Financial Services reported solid half-year results with an 8% rise in underlying revenue and a 14% increase in profit after tax, driven by acquisitions and expanded equity stakes. The company also announced a fully franked interim dividend of 3.5 cents per share.

Beforepay Group Limited reported a robust half-year performance with revenues climbing 18.7% and profit after tax nearly doubling, driven by growth in lending volumes and strategic expansion of its Carrington Labs credit analytics business.

Echelon Resources Limited reported a robust 7% revenue increase and a 61% rise in net profit after tax for H1 2026, driven by higher gas prices and strong field performance. The company also declared an interim dividend amid ongoing legal uncertainties.

Heartland Group Holdings Limited reports a robust turnaround in first-half 2026 net profit, driven by margin expansion, asset quality improvements, and strong Reverse Mortgage growth in New Zealand and Australia. The group also advances significant technology investments and benefits from eased Reserve Bank capital requirements.

MA Credit Income Trust reported a strong half-year profit of $19.7 million, exceeding its return target, while successfully completing a $190.5 million capital raise and initiating a strategic buy-back to manage liquidity.

Wisr Limited reports robust half-year growth with a 23% increase in its loan book and a 14% rise in revenue, setting the stage for expected cash profitability in the second half of FY26.