Plenti Announces All Time Record Quarterly Loan Originations of $383.3 million in 3Q25 Update

Member Announcements
Written By Katrina Angelika

Plenti Group Limited (Plenti) provides this trading update for the quarter ended 31 December 2024 (3Q25).

Highlights

  • All time record quarterly loan originations of $383.3 million, 32% above PCP and 19% above prior quarter, with strong growth across all lending verticals

  • Loan portfolio increased to $2.4 billion, 16% above PCP and 5% above prior quarter

  • Annualised net credit losses of 103 basis points, against 117 basis points underlying (excluding debt sale) in the prior quarter

  • 90+ day arrears of 47 basis points at quarter end, down from 50 basis points at the end of the prior quarter

  • Quarterly revenue of $65.7 million, 21% above PCP, driven by loan portfolio growth and increased customer interest rates

  • Completed $330 million PL & Green ABS transaction, Plenti’s third ABS transaction for the year taking total issuance for the 2024 calendar year to over $1.1 billion

  • Significant increase in automated underwriting for personal loans improving efficiency and customer experience

Katrina Angelika
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