Credit Corp Group H1 of 2026 Media Release
| Stock | Credit Corp Group Ltd (CCP.ASX) |
|---|---|
| Release Time | 3 Feb 2026, 8:25 a.m. |
| Price Sensitive | Yes |
Credit Corp on track for FY26 NPAT growth of 6-17%
- US collections +23% vs prior period
- Record lending volume and +7% loan book growth
- Strong growth in AU/NZ debt ledger investment pipeline to $120 million
Credit Corp Group Limited has reported the highlights for the first half of the 2026 fiscal year (H1 FY26). US collections were up 23% versus the prior corresponding period, and the company achieved record lending volume with a 7% growth in the loan book over the half year. The AU/NZ debt ledger investment pipeline grew strongly to $120 million. Net Profit after Tax (NPAT) of $44.1 million was in line with the prior year, reflecting reduced earnings in H1 due to strong loan book growth and disruptions to AU/NZ purchased debt ledger (PDL) purchasing, which were remedied late in the first half. Both these factors are expected to produce higher earnings in H2. The company reaffirms its full year NPAT growth guidance of 6 to 17%, in accordance with previous guidance. In the US, operational performance continued to improve, with productivity 41% higher versus the prior corresponding period. Additional forward flow volume has been secured, increasing the investment pipeline to $A157 million. In AU/NZ consumer lending, refreshed marketing and improved operational execution have produced record half-year loan volumes, with new customer volume growing 25% versus the prior corresponding period. The AU/NZ debt buying business suffered from disruptions to forward flow purchasing arrangements during the half, but this has been remedied with the receipt of backlog files and several one-off purchases, increasing the FY26 investment pipeline to $120-150 million. Credit Corp is on track to achieve a Return on Equity (ROE) of 13% in FY26, up from 11% in FY25, reflecting improved US performance.
PDL acquisitions $280 - $330m, Gross lending volumes $350 - $390m, NPAT $100 - $110m, EPS 147 - 162 cents
The company expects additional improvement in US segment performance, likely to drive ROE back to the investment hurdle of 16% in the medium term. Negotiations on a suitable confidentiality agreement for the Humm acquisition are ongoing, and the company has substantial organic growth opportunities within its existing businesses which provide a strong growth outlook.