humm Group Lifts Volumes 13.7% to $957.7 Million

The Australian-listed lender reported strong September-quarter growth as it moves to exit its loss-making Canadian business.

Updated on Nov. 2, 2026 in Financial Services

humm Group Lifts Volumes 13.7% to $957.7 Million

humm Group increased its September-quarter business volumes by 13.7% to $957.7 million, led by commercial and consumer growth. The company also decided to exit its loss-making Canadian business.

Why it matters

The result points to continued demand across humm's cards and point-of-sale payment plans in its core markets. Exiting Canada is intended to strengthen the group's profitability.

Group net interest margin held at 5.3% while closing assets under management fell 1.5% to $5.3 billion. The size of the one-off costs tied to the Canadian exit has not yet been disclosed.

The players

humm Group

humm Group is an Australian-listed consumer and commercial finance company offering cards, point-of-sale payment plans and commercial lending across several markets.

The details

Consumer volume gains came from cards and point-of-sale payment plans, which rose 16.5% to $198.6 million. Australia humm loan volumes climbed 56.1% as the business migrated away from humm Classic, which remains in planned runoff.

September quarter 2026: business volumes rose 13.7% to $957.7 million.
Remainder of the financial year: productivity and return optimisation reviews guide capital allocation.
Upon completion of the Canadian exit: annualised group profit is expected to improve.

Market Landscape

humm's 16.5% growth in point-of-sale payment plans reflects the continued expansion of instalment credit across Australian retail. The company's pivot away from loss-making markets such as Canada suggests a sharper focus on domestic and profitable regions.

Customers using humm's cards and point-of-sale payment plans may see continued product availability in Australia and New Zealand. The Canadian exit does not directly change terms for Australian consumers.

The takeaway

Strong volume growth alongside a focused market strategy can improve profitability even as total assets shrink. Readers comparing finance providers should weigh both product growth and the stability of the underlying business.