• Net Profit after Tax increased by 8.4% to K619.9m (A$203.9m)
• Revenue grew by 17.7% to K1.89b (A$620.2m)
• Continued investment in growth and technology

BSP Financial Group Ltd has delivered robust financial results for the first half of 2026, with Statutory Net Profit after Tax of K619.9 million (A$203.9 million), up 8.4% year-on-year. Revenue increased by 17.7% to K1.89 billion (A$620.2 million), underpinned by diversified earnings from lending, payment services, and foreign exchange. Despite currency fluctuations affecting Australian Dollar terms, the bank's credit quality remained strong, with slight improvements in delinquency rates and stable provisions to loans ratio. The bank's capital position is robust, with a capital adequacy ratio of 25.3%, providing the flexibility to support growth and manage economic uncertainties. BSP has also announced significant community and business initiatives, including becoming the exclusive banking partner for the 2026 Rugby League World Cup and plans for a new headquarters in Port Moresby.

Statutory Net Profit after Tax of K619.9m (A$203.9m), up 8.4% on pcp

The bank remains optimistic about the medium-term outlook, despite short-term risks from El Niño. BSP is well positioned to continue building its position as the South Pacific's international bank.