Credit Corp Group Limited (ASX: CCP) is navigating a transformative period as it delivers its first half FY26 performance, with the Credit Corp Group H1 FY26 results highlighting operational resilience. The Company reported net profit after tax of $44.1 million, matching the prior year despite planned investment headwinds that are expected to deliver stronger second-half earnings, reinforcing confidence in Credit Corp Group financial results.
Figure 1: Credit Corp Group corporate logo [Source: Wikipedia]
The Sydney-based financial services provider reaffirmed its full-year NPAT growth guidance of 6 to 17 per cent on 3 February 2026. Management highlighted record lending volumes, surging US collections and a rebuilt investment pipeline as key drivers supporting the upgraded trajectory.
US Debt Buying Performance Gains Momentum
Credit Corp Group posted a 23 per cent increase in US collections compared to the prior corresponding period, a key contributor to the Credit Corp Group H1 FY26 results. Productivity jumped 41 per cent higher while the book of payment arrangements climbed 5 per cent, supporting stronger Credit Corp Group financial results.
The Company made significant changes to its outsourced legal collections channel over the past 12 months. Management restructured its third-party collection attorney network to improve efficiency and outcomes. Early data points suggest the strategy is beginning to deliver results.
Credit Corp Group secured additional forward flow volume during the current re-tendering period. The US investment pipeline now stands at $157 million, pushing full-year US investment expectations to a range of $160 million to $180 million.
Figure 2: Credit Corp Group Chief Executive Officer Thomas Beregi [Source: LinkedIn]
Chief Executive Officer Thomas Beregi stated that debt collection outcomes have not deteriorated since mid-2023. He noted that payment arrangement delinquency remained stable despite a modest increase in unemployment over the same period.
Record Lending Volumes Drive AU/NZ Consumer Growth
Credit Corp Group achieved record half-year loan volumes through refreshed marketing and improved operational execution. New customer volume grew 25 per cent versus the prior corresponding period, outpacing flat credit-impaired segment demand.
The Wallet Wizard product expanded its market share within the credit-impaired segment. The loan book grew to $442 million gross of provisions, demonstrating strong consumer appetite for responsible lending solutions.
The Company progressed initiatives to sustain longer-term lending segment growth. The Wizit digital credit card acquired more than 4,000 new customers over the past half. The book reached $17 million in December 2025.
Credit Corp Group remains on track to commence lending in the UK late in the second half. The Company is presently building systems and processes to support international expansion, which management believes will enhance future Credit Corp Group financial results.
Capital Management and Dividend Unchanged
Credit Corp Group declared an interim dividend of 32 cents per share for H1 FY26, consistent with FY25 and reflective of stable Credit Corp Group financial results. The Company continues its practice of paying out approximately 50 per cent of earnings.
Net gearing of financial assets stood at 32 per cent as at 31 December 2025. This position remained similar to 30 June 2025 and conservative relative to other debt buyers and specialty financial services operators.
The Company is on track to achieve a Return on Equity of 13 per cent in FY26. This represents an improvement from 11 per cent in FY25, reflecting improved US performance.
Management expects additional improvement in US segment performance to drive ROE back to the investment hurdle of 16 per cent in the medium term.
Strategic Humm Group Acquisition Remains Under Consideration
Credit Corp Group continues negotiations on a suitable confidentiality agreement for its non-binding indicative offer for Humm Group Ltd. Due diligence has not yet commenced as at 3 February 2026.
Humm fits with the Company’s existing strategic plan to grow its consumer lending business. The acquisition would deliver a point-of-sale distribution platform and an established UK business consistent with Credit Corp’s own UK expansion.
Figure 3: Humm Group corporate logo [Source: Humm Group Investor Relations]
The Company anticipates synergies particularly in back-office support functions and IT systems. Management would seek to retain and grow Humm’s commercial leasing business, which is a segment leader.
Credit Corp Group emphasised that it has substantial organic growth opportunities within existing businesses. Management stated the Company maintains a strong growth outlook regardless of whether Humm can be acquired at a sensible price.
Credit Corp Group H1 FY26 Results Support Unchanged Full Year Guidance
Credit Corp Group reaffirmed all elements of its initial FY26 guidance issued in August 2025. The Company noted an increased proportion of purchased debt ledger investment is now expected in AU/NZ, with an offsetting smaller component in the US.
Full-year guidance includes purchased debt ledger acquisitions of $280 million to $330 million. Gross lending volumes are expected to reach $350 million to $390 million for the fiscal year.
Net profit after tax is projected to land between $100 million and $110 million. Earnings per share guidance remains at 147 cents to 162 cents for FY26.
Management expressed confidence in achieving the upper end of the guidance range. Stronger second-half earnings are expected from increased loan book scale and improved AU/NZ debt buying collections.
Share Price Performance
Credit Corp Group shares closed at $12.000 on 3 February 2026. The stock trades within a 52-week range of $11.275 to $18.480 per share with a market capitalisation of $971.99 million.
Figure 4: Credit Corp Group share price performance (ASX: CCP) [Source: Australian Securities Exchange]
About Credit Corp Group Limited
Credit Corp Group Limited is Australia’s largest provider of responsible financial services to the credit-impaired consumer segment. The Company operates across debt buying, consumer lending and related financial services in Australia, New Zealand and the United States.
Headquartered in Sydney, the Company purchases debt ledgers from financial institutions and provides unsecured lending solutions through its Wallet Wizard and Wizit products. Credit Corp Group is listed on the Australian Securities Exchange under the ticker CCP.
Final Thoughts
Credit Corp Group H1 FY26 results demonstrate the Company’s ability to execute across multiple growth initiatives simultaneously. Record lending volumes and improved US collections offset temporary AU/NZ purchasing disruptions that have since been resolved.
The reaffirmed full-year guidance of 6 to 17 per cent NPAT growth reflects management confidence in second-half momentum. With a strengthened investment pipeline, expanding UK operations and potential strategic acquisition opportunities, the Company appears well-positioned for sustained medium-term growth.
FAQs
Q1. What were the Credit Corp Group H1 FY26 results for net profit?
Ans. Credit Corp Group reported net profit after tax of $44.1 million for H1 FY26, in line with the prior year.
Q2. How much did US collections grow in the first half?
Ans. US collections grew 23 per cent compared to the prior corresponding period.
Q3. What is the interim dividend for H1 FY26?
Ans. The Company declared an interim dividend of 32 cents per share for H1 FY26.
Q4. What is the full-year NPAT guidance range?
Ans. Full year NPAT guidance is $100 million to $110 million, representing growth of 6 to 17 per cent.
