Credit Corp Lifts FY27 Earnings Outlook As Investment Reaches Record Levels
Closing price · 2026-10-27: $14.54 · -0.41%
Credit Corp reaffirmed FY27 guidance for net profit of $112 million to $120 million, around 10% growth at the midpoint from FY26, with record investment planned following the HSBC card-book acquisition. Consumer lending volumes and the loan book have grown year on year, while US debt purchases remain constrained by elevated prices. At its AGM, shareholders approved all resolutions and Deloitte was appointed auditor; separate notices recorded First Sentier becoming a substantial holder and State Street ceasing to be one, with the latter’s changes including collateral and stock-lending interests.