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Credit Corp Group Limited (ASX:CCP)

ALERT: Price-sensitive ASX Announcement for CCP
Current share price for CCP : $14.010 0.26 (1.89%)+
Announcement
Release
4 Aug 2026 8:30AM
Price at Release
$13.750
Full Release
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Summary
Credit Corp Group Limited reported a record profit for FY2026, with a 12% increase in Net Profit After Tax (NPAT) to $105.5 million. The company saw a significant 57% growth in its US segment earnings and a 15% increase in lending volume, reaching a record level of $510.5 million. The return on equity improved by 2 percentage points to 13%, with the US debt buying segment being a major contributor to growth. The company also commenced operations in the UK consumer lending market. Despite facing challenging investment conditions, especially in the US, Credit Corp is confident in its ability to continue expanding its investment pipeline and achieve growth in FY2027. A final dividend of 45.5 cents per share was declared, maintaining a 50% payout ratio. The company guides for a 4-12% earnings growth in FY2027, supported by ongoing improvements in the US and potential expansion in the UK and Wizit lending volumes.
Key Points
  • Record profit with 12% NPAT increase to $105.5 million.
  • US segment earnings grew by 57%.
  • 15% growth in lending volume to $510.5 million.
  • 2 percentage point increase in return on equity.
  • Commenced UK consumer lending operations.
  • Confident in overcoming challenging US investment conditions.
  • Final dividend of 45.5 cents per share with 50% payout ratio.
  • FY2027 earnings growth guidance of 4-12%.
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.