Regional

Q2 FY2026 EarningsQ2 FY26 results presented a slight miss on the top line but a beat on the bottom line. Revenue was $168.0M vs. $171.4M expected, primarily due to tightened underwriting and a 1.0pct YoY decrease in interest and fee yield. Diluted EPS of $0.85 outperformed the $0.81 consensus mean, driven by aggressive share repurchases and a lower-than-expected effective tax rate of 22.8%. While large loan receivables grew 17.4% YoY, rising credit provisions and a higher delinquency rate of 7.0% reflect ongoing credit quality normalization.