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BNK Banking Corporation Limited (ASX:BBC)

ALERT: Price-sensitive ASX Announcement for BBC
Current share price for BBC : $0.240 -0.035 (-12.73%)+
Announcement
Release
26 Feb 2026 8:49AM
Price at Release
$0.275
Full Release
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Summary
BNK Banking Corporation Limited (ASX: BBC) reported its financial results for the first half of fiscal year 2026, showing a statutory net profit after tax (NPAT) of $0.42 million, a 31% increase from the previous year. The net interest income rose by 5% to $11.6 million, and net interest margin improved by 49 basis points to 1.88%. Despite a rise in residential and commercial loan arrears, the company maintained a strong capital adequacy ratio of 27.0%. The bank continued to focus on rebalancing its portfolio towards higher-return, capital-efficient assets, and initiated senior secured investments. The commercial loan book exceeded $190 million, supported by strategic growth in commercial lending. BNK aims to optimize asset mix and funding, enhance earnings quality, and selectively grow higher-return segments while managing risks prudently.
Key Points
  • Statutory NPAT of $0.42m, up 31% on 1H25.
  • Net interest income of $11.6m, up 5% on 1H25.
  • Net interest margin improved by 49 bps on 1H25 to 1.88%.
  • Commercial loan book surpassed $190 million.
  • Capital Adequacy Ratio at 27.0%.
  • Focus on higher-return, capital-efficient assets.
  • Residential home loan arrears at 1.37%, commercial loan arrears at 1.84%.
  • Deposit-to-Loan Ratio of 105%, providing stable funding.
  • Continued strategic initiatives and disciplined cost management.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.