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The latest update is out from Humm Group Limited ( (AU:HUM) ).
Humm Group Limited reported significant growth in its third-quarter update for 2025, with assets under management rising by 10% to $5.3 billion. Despite challenging economic conditions, the company maintained a stable net interest margin and improved its cost-to-income ratio. The consumer finance segment showed robust performance, driven by a 3% increase in volumes and a 10% rise in receivables. Strategic investments in IT modernization and a new hybrid loan platform are set to enhance product reliability and market competitiveness. The company is also optimizing operations in Canada and expanding its presence in the UK, with a focus on reducing losses and increasing market share.
More about Humm Group Limited
Humm Group Limited operates in the financial services industry, focusing on providing commercial and consumer finance solutions. The company manages a range of financial products, including commercial assets and consumer receivables, and is expanding its market presence in regions such as Australia, New Zealand, Ireland, and the UK.
YTD Price Performance: -24.38%
Average Trading Volume: 915,659
Technical Sentiment Signal: Sell
Current Market Cap: A$253.6M
See more insights into HUM stock on TipRanks’ Stock Analysis page.