Resimac Group Limited

RMC

AU0000033094

Consumer Lending

Delayed Australian S.E. Other stock markets 02:10:42 2024-04-26 am EDT			5-day change	1st Jan Change
1.035 ^AUD	-0.48%		+2.48%	-0.96%

Apr. 09	Resimac Group Settles AU$750 Million Residential Mortgage-Backed Security	MT
Mar. 28	Resimac Group Settles Debut Asset-Backed Securities Transaction	MT

Resimac Group Limited signed an agreement to acquire portfolio of commercial asset finance loan receivables from Thorn Group Limited.

June 19, 2023

Resimac Group Limited (ASX:RMC) signed an agreement to acquire portfolio of commercial asset finance loan receivables from Thorn Group Limited (ASX:TGA) on June 20, 2023.The transaction is subject to Thorn shareholder approval with completion expected in late August 2023.

Latest news about Resimac Group Limited

Resimac Group Settles AU$750 Million Residential Mortgage-Backed Security	Apr. 08	MT
Resimac Group Settles Debut Asset-Backed Securities Transaction	Mar. 27	MT
Jarden Research Upgrades Resimac to Neutral From Underweight, Adjusts Price Target to AU$1.02 From AU$1.03	Feb. 27	MT
Resimac Group Lowers Interim Dividend as H1 FY24 EPS Declines to AU$0.0506	Feb. 26	MT
Transcript : Resimac Group Limited, H1 2024 Earnings Call, Feb 27, 2024	Feb. 26
Resimac Group Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 26	CI
Transcript : Resimac Group Limited - Shareholder/Analyst Call	Nov. 13
Resimac Group CFO Resigns	23-10-18	MT
Resimac Group Limited Announces Resignation of Jason Azzopardi as Chief Financial Officer	23-10-18	CI
Transcript : Resimac Group Limited, 2023 Earnings Call, Aug 29, 2023	23-08-28
Resimac Group Limited Announces Fully Franked Final Dividend for the Full Year Ended June 30, 2023, Payable September 20, 2023	23-08-28	CI
Resimac Group Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-28	CI
Thorn Group Receives Acquisition Proposal from Financial Services Company	23-08-25	MT
Resimac Group Limited signed an agreement to acquire portfolio of commercial asset finance loan receivables from Thorn Group Limited.	23-06-19	CI
Resimac Group Limited Announces Resignation of Danielle Corcoran as Company Secretary and Chief Operating Officer, Effective 6 April 2023	23-03-30	CI
Resimac Group Limited Declares Fully Franked Interim Dividend for the Six Months Ended December 12, 2022, Payable on March 24, 2023	23-02-23	CI
Transcript : Resimac Group Limited, H1 2023 Earnings Call, Feb 24, 2023	23-02-23
Resimac Group Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-23	CI
Resimac Extends Share Buyback Program	22-12-12	MT
Resimac Group Limited's Equity Buyback Plan Extended till December 28, 2023.	22-12-12	CI
Transcript : Resimac Group Limited - Shareholder/Analyst Call	22-11-14
Resimac Group Limited(ASX:RMC) dropped from S&P Global BMI Index	22-09-19	CI
Transcript : Resimac Group Limited, Q4 2022 Earnings Call, Aug 26, 2022	22-08-25
Resimac Group Limited Announces Fully Franked Final Dividend for the Full Year Ended June 30, 2022, Payable on September 23, 2022	22-08-25	CI
Resimac Group Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-08-25	CI

Chart Resimac Group Limited

Duration

Period

More charts

Company Profile

Resimac Group Limited is an Australia-based company engaged in residential mortgage and asset finance lending business. The Company is focused on distributing prime and specialist products across multiple channels. It operates primarily in Australia and New Zealand, originating a quality loan portfolio, loan servicing capability, and global funding program. It offers a suite of lending products to consumers and commercial borrowers across its wholly owned subsidiaries. These products include residential home loans, consumer finance, and small and medium enterprises (SME) finance. It also offers home loans directly to consumers via its homeloans.com.au brand, with a range of smart and transparent home loan solutions that borrowers can apply for using its end-to-end online application. It offers a range of financial solutions for SMEs and commercial borrowers through its Resimac Asset Finance brand. Its subsidiaries include Resimac Asset Finance Pty Limited and RESIMAC NZ Home Loans Ltd.

Sector

Consumer Lending

Calendar

2024-08-26 - Q4 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Resimac Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.035 AUD

Average target price

1.105 AUD

Spread / Average Target

+6.76%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Consumer Lending

	1st Jan change	Capi.
RESIMAC GROUP LIMITED	-0.96%	270M
BAJAJ FINANCE LIMITED	-8.14%	49.88B
BAJAJ FINSERV LTD.	-5.25%	30.53B
ORIX CORPORATION	+20.03%	23.38B
SYNCHRONY FINANCIAL	+16.97%	17.94B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	-6.99%	11.81B
SHRIRAM FINANCE LIMITED	+21.92%	11.27B
SOFI TECHNOLOGIES, INC.	-20.90%	8.31B
MUTHOOT FINANCE LIMITED	+14.34%	8.13B
SUNDARAM FINANCE LIMITED	+36.65%	6.39B

Other Consumer Lending