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An announcement from Credit Corp Group Limited ( (AU:CCP) ) is now available.
Credit Corp Group Limited reported a strong financial performance for FY2025, with a 16% increase in NPAT to $94.1 million, driven by growth in the consumer lending segment and improved US debt buying operations. The company has secured a record US investment pipeline for FY2026 and is expanding its lending operations to the UK, despite challenges in the AU/NZ debt buying market due to increased competition and lower sale volumes.
The most recent analyst rating on (AU:CCP) stock is a Buy with a A$20.70 price target. To see the full list of analyst forecasts on Credit Corp Group Limited stock, see the AU:CCP Stock Forecast page.
More about Credit Corp Group Limited
Credit Corp Group Limited operates in the financial services industry, primarily focusing on debt purchasing and consumer lending. The company has a significant presence in the US, Australia, and New Zealand markets, offering products such as unsecured cash loans and digital credit cards.
YTD Price Performance: -0.09%
Average Trading Volume: 226,517
Technical Sentiment Signal: Buy
Current Market Cap: A$1.06B
See more insights into CCP stock on TipRanks’ Stock Analysis page.