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An update from Resimac Group Limited ( (AU:RMC) ) is now available.
During its 2025 Annual General Meeting, Resimac Group Ltd celebrated its 40th anniversary, highlighting its strategic focus on leveraging its extensive experience and market leadership in securitisation to drive future growth. The company reported a 13% increase in Normalised Operating Profit before impairment expense and tax, reaching $78.6 million, and a 12.5% Return on Equity in the second half of FY25, amidst a recovering macroeconomic environment and renewed mortgage demand in Australia.
The most recent analyst rating on (AU:RMC) stock is a Hold with a A$1.05 price target. To see the full list of analyst forecasts on Resimac Group Limited stock, see the AU:RMC Stock Forecast page.
More about Resimac Group Limited
Resimac Group Ltd is a prominent non-bank lender offering a range of financial services, including originating, servicing, and funding prime and non-conforming residential mortgages and asset finance products. Operating across Australia, New Zealand, and the Philippines, the company manages a substantial portfolio with over $13 billion in home loans and $2.5 billion in asset finance. Resimac has a strong presence in the bond market, having issued nearly $50 billion in bonds since 1987, supported by a diversified funding platform.
Average Trading Volume: 190,600
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$412.8M
Learn more about RMC stock on TipRanks’ Stock Analysis page.