Australia's Judo Capital up on $537 million capital-relief deal, Citi keeps 'buy'

Judo Capital Holdings

29/05/2026 02:38

Updates
** Shares of Australia's Judo Capital Holdings JDO.AX rise as much as 12.2% to A$1.56, set for best day since mid-February 2025, if current gains hold
** Stock hits its highest level since March 24
** Banking products and services co executes A$750 million ($537.00 million) capital-relief securitisation transaction backed by small and medium enterprise business loans
** Co upsized transaction from A$500 million on strong investor support
** Citi retains "buy" call, says P&L impact of transaction is modest and that the pro-forma ROE accretion highlights the business has further levers to support itself
** Stock down 10% YTD, including the session's moves
     
($1 = 1.3966 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))