BUZZ-Australia's Judo Capital marks 4-1/2-month high on upbeat FY profit, forecast

Reuters
08/19
BUZZ-Australia's Judo Capital marks 4-1/2-month high on upbeat FY profit, forecast

** Shares of Judo Capital JDO.AX rise 3.7% to A$1.815, their highest level since April 2

** The Judo Bank holder reports a 24% rise in FY25 Statutory NPAT at A$86.4 million ($56.06 million)

** Sees FY26 net interest margin $(NIM)$ to be in range of 3% to 3.10% after reporting a FY25 NIM of 2.93%

** Stock set to gain most since August 7, if current trend continues

** About 14.1 million shares change hands, 3.9x the 30-day average of 3.6 million

** Stock down 0.3% YTD, including moves in current session

($1 = 1.5411 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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