BNK Banking Corporation Reports FY26 Results
Key points
- Statutory NPAT loss of $3.7m, down 389% on FY25
- Underlying NPAT profit of $1.0m, down 74% on FY25
- Net Interest Margin improved to 1.96%, up 44 bps on FY25
Full summary
BNK Banking Corporation Limited (ASX: BBC) reported its financial results for the 12 months to 30 June 2026 (FY26). The company reported a statutory NPAT loss of $3.7 million, down 389% on FY25, primarily due to a $3.5 million goodwill impairment. Underlying NPAT profit was $1.0 million, a 74% decrease from FY25. Net Interest Income increased by 10% to $24.0 million, while Net Interest Margin improved to 1.96%. The commercial loan book surpassed $247 million, and the deposit-to-loan ratio stood at 107%. BNK's CEO highlighted the company's focus on improving margins and returns while seeking selective growth.
Outlook
BNK's CEO expressed optimism about the future, highlighting the company's solid foundations for delivering progress in FY27.
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