humm Group (ASX:HUM) has unveiled its financial results for the half-year ended Dec. 31, 2025, headlined by a statutory net profit after tax of $13.9 million.
This represents a sharp 13% increase over the second half of 2025, though it remains down 49.1% when compared to the prior corresponding period.
The results arrive as the company pivots its financial disclosure strategy to focus exclusively on statutory accounting measures, moving away from cash-based metrics to ensure greater transparency and alignment with Australian Accounting Standards.
The group’s total assets under management reached $5.4 billion, reflecting a mixed performance across its divisions.
The commercial AUM emerged as a significant growth engine, climbing 5.7% to $3.4 billion.
The expansion was partially offset by a 5.1% contraction in the consumer AUM sector, which settled at $2 billion.
Despite these shifts, CEO Angelo Demasi highlighted "disciplined execution," noting that the net interest margin remained resilient at 5.5%.
While credit quality remains a focal point—with net credit losses to AUM rising slightly to 1.8%—the company's balance sheet showed strength, reporting net tangible assets of 83 cents per share.
Investors were rewarded with a fully franked interim dividend of 1.50 cents per share.
At the time of reporting, humm Group’s share price was $0.74.