Judo Capital's Bull Likes Extra Capital Flexibility -- Market Talk

Dow Jones

May 29

0022 GMT - Judo Capital's bull at Citi likes the additional capital flexibility generated by the Australian business lender's securitization program. Analyst Thomas Strong tells clients in a note that the A$750 million transaction, under which Judo is securitizing some lending to small- and medium-sized enterprises, materially reduces capital intensity. He explains that the unlocked capital will support future lending growth and augment Judo's capital-management framework. In Strong's view, this flexibility more than offsets what he calls a very minor earnings impact. Citi retains its buy rating. It has a A$2.20 target price on the stock, which is up 12% at A$1.555. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 28, 2026 20:22 ET (00:22 GMT)

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Analyst Thomas Strong tells clients in a note that the A$750 million transaction, under which Judo is securitizing some lending to small- and medium-sized enterprises, materially reduces capital intensity. He explains that the unlocked capital will support future lending growth and augment Judo's capital-management framework. In Strong's view, this flexibility more than offsets what he calls a very minor earnings impact. Citi retains its buy rating. It has a A$2.20 target price on the stock, which is up 12% at A$1.555. 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(stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2026 20:22 ET (00:22 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7135","symbol_name":"综合性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2639175936","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2639175936","pubTimestamp":1780014120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0022 GMT - Judo Capital's bull at Citi likes the additional capital flexibility generated by the Australian business lender's securitization program. 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(stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 28, 2026 20:22 ET (00:22 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}