Helia Group H1 Results Show Continued Runoff From Lost Lending Customers, Says Jefferies

MT Newswires Live
Aug 12

Helia Group's (ASX:HLI) first-half 2026 result reflects continued runoff from lost lending customers, particularly CBA, alongside competition from the Federal Government's First Home Buyer Guarantee Scheme, according to a Thursday Jefferies note.

The company logged AU$0.385 in underlying earnings per share for the first half, compared with AU$0.46 a year ago, a Tuesday filing showed.

The runoff was partly offset by capital management initiatives as capital releases begin to accelerate, the note added.

The result was supported by better cost management and lower acquisition costs on new business, the investment firm added.

Jefferies maintained a hold rating on Helia and increased its price target to AU$5.24 from AU$4.90.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10