• Strong H1 investment of $356.2m in PDLs and lending
• US debt buying segment producing strong growth
• Refreshed marketing driving rebound in new lending customers
• Record lending book entering H2 FY26

Credit Corp Group reported its H1 FY26 results, highlighting strong investment across its business segments. The company invested $356.2m in purchased debt ledgers (PDLs) and lending, up 20% from the prior corresponding period. The US debt buying segment performed strongly, with NPAT increasing 63% and ledger investment up 64%. In the Australian and New Zealand lending business, refreshed marketing campaigns drove a 25% increase in new customer loan volumes, though this was partially offset by a 14% decline in NPAT. Looking ahead, Credit Corp expects to deliver strong earnings growth in H2 FY26, with projected NPAT of $105m for the full year, in line with its guidance range. The company also provided an update on its potential acquisition of Humm Group, noting that the process has progressed slowly but that the opportunity aligns with its plans to grow the consumer lending business. Overall, Credit Corp remains well-positioned for continued growth across its key segments.

FY26 outlook: Ledger investment of $280 - $330 million, Gross lending of $350 - $390 million, NPAT of $100 - $110 million, EPS (basic) of 147 - 162 cents.

Credit Corp remains focused on driving growth across its core business segments, with strong organic opportunities in both its debt buying and lending operations. The potential acquisition of Humm Group could further enhance the company's consumer lending capabilities, though the process remains ongoing.