ASX:JDO 25 June 2026

Judo Capital shares drop almost A$700 million as three exposures drive up credit costs
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Judo Capital shares drop almost A$700 million as three exposures drive up credit costs

Judo Capital Holdings shares plunged 40.4% to A$0.915 in Sydney, erasing nearly A$700 million in market value after the bank cut its FY26 profit guidance by A$19 million. Turnover reached 98.12 million shares, 22.5 times the average. The lender raised its forecast credit charge due to three troubled exposures. Judo now expects FY26 profit-before-tax of A$166 million and cost of risk up to A$122 million.
June 25, 2026
Westpac (ASX:WBC) falls, A$2.5 billion wiped as Judo credit jolt hits
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Westpac (ASX:WBC) falls, A$2.5 billion wiped as Judo credit jolt hits

Westpac shares fell 2.01% to A$35.06 on Thursday, erasing about A$2.46 billion in market value after Judo Capital warned of higher bad loans and a 40.3% share plunge. Trading in Westpac was 18% above average. The S&P/ASX 200 lost 0.68%, while other major banks also declined. Fitch recently flagged Westpac’s rapid business lending growth as a potential asset quality risk.
June 25, 2026