Pepper Money beats guidance, pays 9¢ dividend
Ayesha de KretserSenior reporter
Digital non-bank lender Pepper Money says it is continuing to grow loans at pace after beating full-year profit guidance to deliver a 34 per cent increase in underlying net profit to $141.9 million.
Chief executive Mario Rehayem said the lender is targeting growth across its mortgage and asset finance portfolios throughout 2022 but did not provide earnings guidance.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
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