• FY26 PBT increased by 34% to $168.1m
• ROE improved by 110 basis points to 6.4%
• Deposits grew by 24% to $12.2bn

Judo Capital Holdings Ltd announced its FY26 financial results, showing a 34% increase in profit before tax (PBT) to $168.1m, up from $125.6m in FY25. The return on equity (ROE) improved by 110 basis points to 6.4%, and deposits grew by 24% to $12.2bn. Gross loans and advances (GLA) increased by 18% to $14.7bn. The net interest margin (NIM) was 3.13% for FY26, and 3.23% for the second half of the year. The cost-to-income ratio (CTI) improved by 710 basis points to 45.3%. The impairment charge was $117.7m, and the 90+ days past due (DPD) and impaired assets ratio was 2.90% of GLA. The CET1 ratio was 12.4%. For FY27, Judo reaffirmed its guidance with PBT expected to be between $210m and $220m, representing growth of 25% to 31% compared to FY26, and ROE expected to be around 8%.

PBT: $210m - $220m, ROE: circa 8% for FY27

Judo remains confident in its business model and expects disciplined above-system growth and continued improvement in return on equity despite a moderated economic outlook for FY27.