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

Reuters
Aug 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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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