Judo Capital's Funding Costs Give It Options -- Market Talk
Dow Jones
Jun 05, 2025
0137 GMT - It's still too early to judge the potential impact of Judo Capital's new deposit products on its metrics at scale, Citi analyst Thomas Strong says. New products scheduled for launch in the Australian business lender's fiscal 2026 offer an opportunity to lower its overall funding costs, but Strong points out that this gives Judo a couple of options. He thinks Judo could look to expand net interest margin or reinvest savings to ramp up asset growth. Citi raises its target price 3.2% to A$1.60 and stays neutral on the stock, which is down 1.6% at A$1.505. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 04, 2025 21:37 ET (01:37 GMT)
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