• Statutory NPAT of $59.9m, up 32% on prior half and 46% versus pcp
• Continued above-system growth with GLA of $13.4bn, up 7% over the half and 15% year on year
• FY26 GLA guidance updated to $14.4bn - $14.7bn

Judo Capital Holdings Limited (ASX:JDO) ('Judo Bank', 'Judo' or 'Bank') today reported its financial and operating performance for the half year ended 31 December 2025. The bank delivered a statutory net profit after tax (NPAT) of $59.9m, up 32% on the prior half and 46% versus the previous corresponding period (pcp). Profit before tax (PBT) was $86.5m, up 26% on the prior half and 53% versus the pcp. Judo's lending book grew 7% over the half to $13.4bn, and 15% versus pcp, driven by the bank's differentiated customer-led value proposition and improved productivity. The bank's award-winning deposit franchise reached $10.9bn in December, with total balances growing by $1.0bn. Judo continued to optimise its wholesale funding program and maintain a strong capital position, with a CET1 ratio of 12.6%. The bank sees good momentum in the Australian economy, with demand for business credit remaining solid. Judo has provided FY26 guidance, with PBT expected to be $180m - $190m and GLA of $14.4bn - $14.7bn.

FY26 PBT expected to be $180m - $190m. FY26 GLA guidance updated to $14.4bn - $14.7bn (from $14.2bn - $14.7bn). 2H26 NIM guidance upgraded to ~3.15% (from ~3.1%).

Judo sees continued strong lending growth, supported by investments in growth initiatives, productivity and ongoing penetration into regional and agribusiness lending. The bank is also focused on improving operating leverage, with the cost-to-income ratio expected to improve in the second half of FY26.