MA Financial Group (ASX:MAF) has released its first-quarter operating update for 2026, showcasing a robust period of growth and strategic diversification despite unpredictable macroeconomic conditions.
The group reported a 44% year-on-year increase in assets under management, reaching $14.8 billion as of March 31.
While total AUM dipped 3% over the quarter—primarily attributed to the flagged sale of the Marion shopping centre—the impact on FY26 revenue is expected to be immaterial.
The performance was bolstered by a strong first quarter in transactional activity within the asset management division, which capitalised on high performance and transaction fees.
The lending sector emerged as a primary growth engine for the Group. Finsure managed loans rose 27% annually to $179 billion, supported by a record $11 billion in gross monthly loan applications during March.
The MA Money loan book experienced an explosive 138% increase compared to Q1 FY25, now totalling $6.2 billion.
This was highlighted by a $1 billion expansion within the first quarter alone, reflecting the business's rapid scaling.
In the investment space, inflows into unlisted funds from high net worth and retail investors remained steady or slightly ahead of Q1 FY25 levels.
At the time of reporting, MA Financial's share price was $7.43.