tiprankstipranks
Trending News
More News >

Pepper Money Reports Decline in 2024 Financial Performance

Story Highlights

An announcement from Pepper Money Ltd ( (AU:PPM) ) is now available.

Pepper Money Limited reported a decline in its financial performance for the year ended December 31, 2024, with net interest income down by 5.4% and net profit after income tax decreasing by 9.7% compared to the previous year. Despite the downturn, the company declared a final dividend of 7.1 cents per share, reflecting a commitment to returning value to shareholders. The company also highlighted its pro-forma earnings to provide a clearer picture of its underlying performance, excluding one-off acquisition costs from the previous year.

More about Pepper Money Ltd

Pepper Money Limited is a financial services company listed on the Australian Securities Exchange (ASX) since May 2021. It is primarily involved in providing mortgage and loan services, and as of December 2024, it is majority-owned by Pepper Group ANZ Holdco Limited, a subsidiary of Pepper Global Topco Limited.

Average Trading Volume: 156,674

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$616M

See more insights into PPM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App