Picking up the mantle from hiho to provide updated numbers, statistics for 29/02/2024:- Total loans = $9,757M, increase of $85M
- Deposits = $7,163M, increase of $131M
- Cash & securities = $3,936M, decrease of $46M
I don't have the expertise to pull any deep insights from these numbers, just copying what hiho used to provde, but it's good to see the loan book bounce back to growth after the quiet Xmas/new year period. I'm guessing cash and securities investments are down as the deposits have increased, so there's no need for JDO to hold as much C&S? Maybe also some repayment of TTF?
The main concern I see is that there was previous guidance for total loanbook to be around 10.5+B by EOFY, and there needs to be some acceleration for the last four months of FY24 for that target to not be missed. No red flag yet but call it an amber alert?
Judo Bank Monthly Data, page-39
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Last
$1.30 |
Change
-0.015(1.14%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.27 | $2.780M | 2.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 162023 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 9528 | 2 |
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| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
-0.015 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| $1.30 | $1.30 | $1.27 | 172060 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| JDO (ASX) Chart |