Latest Credit Quality News

MONEYME has exceeded its FY25 operating cash profit expectations by 20%, driven by robust loan book expansion and improved credit quality, while gearing up for a major credit card launch.

Wisr has reported a robust Q4FY25 with a 154% surge in loan originations and a growing loan book now at $824 million, underpinned by improved credit metrics and strong capitalisation.

Wisr Limited has reported a standout Q4FY25 with loan originations soaring 154% year-on-year, surpassing its full-year guidance and showcasing improved credit quality.

Beforepay Group Limited reported a record Q4 FY25 with a 76% increase in net profit before tax, driven by strong revenue growth and strategic U.S. partnerships through Carrington Labs.

Plenti Group has reported a third consecutive record quarter with $437 million in loan originations, driven by strong automotive and NAB partnership growth. The fintech lender also secured a key government contract and continues to deliver low credit losses.

FleetPartners Group has successfully priced a A$400 million Australian asset-backed securitisation, including a green tranche funding electric vehicle leases, while issuing a correction to a previous announcement.

Bank of Queensland Limited has announced a fully franked quarterly distribution of AUD 1.2415 per Capital Note 3 security, reflecting a steady income stream tied to the 3-month BBSW plus margin.

Metrics Master Income Trust (ASX:MXT) has launched a fully underwritten wholesale placement to raise up to A$315 million, aiming to fund portfolio growth and diversification. The placement, priced at A$2.00 per unit, will see new units issued and trading commence in early June 2025.

Wisr Limited has inked a $267 million loan funding warehouse facility led by Barclays, boosting its capacity to expand personal and secured vehicle loans. This move enhances Wisr’s funding flexibility and cost efficiency as it pursues aggressive growth.

Turners Automotive Group has reported a record FY25 performance, with net profit after tax rising 17% to $38.6 million and dividends increasing 14% to 29.0 cents per share, showcasing resilience amid challenging economic conditions.

Turners Automotive Group has delivered a record FY25 profit and dividend, showcasing resilience amid economic challenges and positioning itself to exceed FY28 profit goals ahead of schedule.

Plenti Group Limited reported a stellar FY25 with a 126% surge in Cash NPAT to $13.8 million, driven by robust loan portfolio growth and operational efficiency. The fintech lender is targeting a $3 billion loan book by March 2026, leveraging technology and strategic partnerships.