Australia's Judo Capital jumps as lender sticks to FY27 profit outlook

Judo Capital Holdings

18/08/2026 01:33

** Shares of Australia's Judo Capital JDO.AX rise as much as 11.5% to A$1.020, head for their strongest session since May 29, if current gains hold
** Stock hits highest level since August 10
** SME-focused lender reaffirms FY27 profit before tax (PBT) forecast of A$210 million to A$220 million ($149.29 million-$156.40 million), up 25%-31% from FY26                                                                                                                                                                                                                                                                              
** Co posts FY26 PBT of A$168.1 million, up from A$125.6 million a year earlier; net interest margin rose to 3.13%, up 20 base points from FY25
** Co had in June cut its FY2026 PBT forecast to a range between A$163 million and A$169 million, from A$180 million to A$190 million, citing non-repayment of loans by certain customers
** Stock down 47% YTD, including sessions' moves

($1 = 1.4067 Australian dollars)

 (Reporting by Shravya Marakini)
 ((Shravya.Marakini@thomsonreuters.com;))