The industry has grown on the back of increased loan volumes and elevated interest rates. A high-interest rate environment has allowed non-bank lenders to charge higher rates, boosting their revenue. Yet, it has also hiked their funding costs, hindering profitability as net interest margins plunged.
Illustrative market data for orientation only.
Historical analysis of Wisr Limited (ASX:WZR), adapted for Sharesrise. Figures are dated and may no longer apply.
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