Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Judo Capital Holdings Limited ( (AU:JDO) ) is now available.
Judo Capital Holdings Limited has released a financial update indicating that its gross loans and advances (GLA) at the end of March 2025 were $11.7 billion, with subdued growth due to seasonal factors and portfolio management. The company’s margins on new lending remained strong at 4.6%, contributing to a blended lending margin of 4.3%. The AAA lending pipeline has grown to $1.6 billion, aligning with the company’s guidance for future growth. Term deposit balances increased to $9.2 billion, with the cost of deposits consistent with expectations. Overall, Judo Capital does not consider any of these data points to have a material effect on its securities’ price or value, as they align with previously issued guidance and market expectations.
More about Judo Capital Holdings Limited
Judo Capital Holdings Limited operates in the financial services industry, primarily focusing on providing business lending solutions. The company offers a range of financial products and services, including loans and advances, with a strong emphasis on supporting small and medium-sized enterprises (SMEs) in Australia.
Average Trading Volume: 8,000,004
Technical Sentiment Signal: Sell
Current Market Cap: A$1.61B
Learn more about JDO stock on TipRanks’ Stock Analysis page.