Pepper Money H1 2026 slides: record mortgage growth, RAMS integration

Pepper Money Limited reported record H1 2026 results, with mortgage originations hitting $4.5 billion, marking a 63% surge and contributing to a 40% year-over-year increase in total originations to $6.3 billion. The lender's total assets under management grew to $24.0 billion, up 20% from the previous year, with a notable 2.10% expansion in total net interest margin to 2.10%, reflecting improved funding margins.

Despite a 20% decline in market-wide mortgage enquiries, Pepper Money experienced a 42% year-over-year increase in enquiries, showcasing its ability to gain market share. The company declared a fully franked interim dividend of 7.2 cents per share, representing a 12% increase from the prior period and an annualized yield of 9.5%.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.