Australian Finance Group (ASX:AFG) is set for a period of earnings momentum after posting record levels of home loan lodgement through a broker network, according to a Wednesday note by Euroz Hartleys.
On Monday, the company said it lodged AU$27.7 billion in home loans, with its broker network lodging 40,810 loans.
If this trend continues, Euroz said, market expectations for the size of AFG's direct lending book by the end of fiscal 2026 may prove conservative.
The broker also flagged potential for strong net additions to the direct lending book in the fourth quarter and expects net additions could exceed AU$1 billion in 2026.
Shares of the company rose nearly 1% at market close.
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