• US collections 23% higher than prior period
• Record lending volume and 7% loan book growth
• AU/NZ debt ledger investment pipeline at $120 million

The directors of Credit Corp Group Limited reported a net profit after tax (NPAT) of $44.1 million for the first half of the 2026 financial year (FY26), in line with the prior comparative period. The highlights included a 23% increase in US collections compared to the prior period, record lending volume and 7% loan book growth in Australia and New Zealand (AU/NZ), and a recovery in the AU/NZ debt ledger investment pipeline to $120 million. The US debt buying business continued to improve, with productivity 41% higher than the same period in the prior year and the book of payment arrangements ending the half 5% higher than the prior comparative period. The company has also made significant changes to its outsourced legal collections channel, which is expected to yield benefits over time.In AU/NZ, refreshed marketing and improved operational execution produced record half-year loan volumes, with new customer volume growing by 25% over the same period in the prior year. The company also progressed initiatives to sustain longer-term lending segment growth, including the Wizit digital credit card which reached $17 million in December.The AU/NZ debt buying business suffered from disruptions to forward flow purchasing arrangements during the half, but the receipt of backlog files and several one-off purchases have increased the FY26 investment pipeline to $120-150 million, which is expected to drive stronger collections and earnings in the second half.Credit Corp declared an interim dividend of 32 cents per share, in line with the FY25 interim dividend and consistent with the company's practice of paying out approximately 50% of earnings. The company remains on track to achieve a Return on Equity of 13% in FY26, up from 11% in FY25, driven by improved US performance.Negotiations are ongoing regarding Credit Corp's non-binding, indicative offer for Humm Group Ltd, which the company believes would fit with its strategic plan to grow its consumer lending business and provide a point-of-sale distribution platform, particularly in the UK market. However, the company has substantial organic growth opportunities within its existing businesses, which provide a strong growth outlook regardless of the Humm acquisition.

Credit Corp's initial guidance for FY26, issued in August 2025, remains unchanged. An increased proportion of purchased debt ledger (PDL) investment is now expected in AU/NZ, with an offsetting smaller component in the US.