Brief: Judo Capital Says 1H24 NIM Was 3.02%

Judo Capital Holdings

23/01/2024 01:06

Jan 23 (Reuters) - Judo Capital Holdings Ltd  JDO.AX :
    * 1H24 NIM WAS 3.02%
    * FY24 PBT OF A$107M - A$112M.
    * AS AT DEC 31, CET1 RATIO 16.2%
    * SEES FY24 NIM TO BE BETWEEN 2.85% AND 2.90%
    * SEES 2H24 PBT OF A$40M - A$45M
    * ON TRACK TO REPAY ALL ITS TFF FUNDING BY JUN-24
    * HY TOTAL INCOME A$200 MILLION
    * SEES FY24 CTI TO BE BETWEEN 55% AND 57%
    * SEES 2H24 NIM BETWEEN 2.70 - 2.80%
    * HY NET PROFIT BEFORE TAX A$67 MILLION
    * TARGETING PROfiT GROWTH OF 15% OR HIGHER IN FY25
    * TARGETING LENDING BOOK OF A$10.5 - A$10.7BN BY JUN-24

Source text for Eikon:  ID:nASX99tXl2 
Further company coverage:  JDO.AX 

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