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Resimac Group Limited ( (AU:RMC) ) has provided an announcement.
At the 2025 Annual General Meeting, Resimac Group Ltd highlighted its steady progress and financial growth over the past year. The acquisition of a $1.5 billion Westpac portfolio significantly boosted operating profit and customer base, while organic growth in residential mortgages further strengthened their financial outcomes. Key achievements included a 13% rise in normalised operating profit before impairment and tax, a 14% increase in mortgage settlements, and a 27% growth in asset finance assets under management.
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 leading non-bank lender and multi-channel business specializing in 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 portfolio of home loans exceeding $13 billion and an asset finance portfolio over $2.5 billion, with total assets under management nearing $16 billion. Resimac has issued nearly $50 billion in bonds globally since 1987 and utilizes a diversified funding platform for both short-term and long-term asset funding.
Average Trading Volume: 190,600
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$412.8M
For detailed information about RMC stock, go to TipRanks’ Stock Analysis page.