Resimac Bull Sees Scope for Profitable Growth -- Market Talk

Dow Jones
2025/06/24

0100 GMT - Australian credit provider Resimac keeps its bull at Bell Potter despite the potential overhang of regulatory legal proceedings. Analyst Marcus Barnard acknowledges proceedings related to the lender's treatment of customers in hardship, but says that management is working to resolve the issue. He tells clients in a note that Resimac's new CEO is aiming to grow its mortgage and auto book, and that the former is continuing to perform well. Barnard reckons that Resimac can grow profitably thanks to a small but strong position in the mortgage market, and its developing position in novated leases. Bell Potter cuts its target price 9.1% to A$1.00 and maintains a buy rating. Shares are down 1.8% at A$0.82. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

June 23, 2025 21:00 ET (01:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10