Australian Finance Group (ASX:AFG) has signaled a dominant shift in the diversified financials sector, unveiling a record-breaking half-year result for the period ended Dec. 31, 2025.
The results are characterised by a 46% rise in net profit after tax, reaching $22.4 million.
The growth trajectory appears to be accelerating into the new year, bolstered by record loan lodgements in January and a strategic $1.2 billion term transaction that secures long-term funding at favourable rates.
EBITDA climbed 43% to $35.6 million, while underlying gross profit rose 16% to nearly $79 million.
AFG’s strategic focus on its securities arm has paid off handsomely, with the AFG Securities loan book swelling 24% to $6.3 billion.
Operational efficiency gains and an 11-basis-point increase in net interest margin underscore a leaner, more profitable machine.
CEO David Bailey attributed the success to the "strength of AFG's fundamentals" and the effective execution of a disciplined strategy.
The company declared a fully franked interim dividend of 4.7 cents per share.