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Judo Capital Holdings Limited (ASX:JDO)

ALERT: Price-sensitive ASX Announcement for JDO
Current share price for JDO : $0.960 0.045 (4.92%)+
Announcement
Release
18 Aug 2026 8:00AM
Price at Release
$0.915
Full Release
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Summary
Judo Capital Holdings Limited reported significant financial growth for FY26, with a 34% increase in profit before tax driven by strong net interest margins and deposit growth. The bank's lending book expanded by 18%, supported by high customer satisfaction, while deposits increased by 24%. Despite higher impairment charges, Judo maintained a robust capital position with a CET1 ratio of 12.4%. The cost-to-income ratio improved significantly, demonstrating effective operating leverage. Looking forward, Judo has reaffirmed its FY27 guidance, projecting further growth in profitability and return on equity, underpinned by its focus on the SME sector and efficient capital management.
Key Points
  • Judo Capital Holdings Limited reported a 34% increase in profit before tax for FY26.
  • Net interest margin for FY26 was 3.13%, improving to 3.23% in the second half of the year.
  • Deposits grew by 24% to $12.2 billion, supported by new savings account offerings.
  • Lending book increased by 18% to $14.7 billion, maintaining high customer satisfaction with an NPS of +58.
  • Cost-to-income ratio improved by 710 basis points to 45.3%.
  • Impairment charges rose to $117.7 million, with a 2.90% ratio of impaired assets.
  • Judo maintained a strong capital position with a CET1 ratio of 12.4%.
  • FY27 guidance includes a projected profit before tax of $210-220 million, representing growth of 25%-31%.
  • CEO emphasized the bank's commitment to operating leverage and strong deposit growth.
  • Judo remains focused on SME sector growth despite macroeconomic challenges.
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.