At time of writing in morning trade on Friday, all of the big four S&P/ASX 200 Index (ASX: XJO) bank stocks are in the red.
Commonwealth Bank of Australia (ASX: CBA) share are down 0.7% at $172.12; Westpac Banking Corp (ASX: WBC) shares are down 0.9% at $38.77; ANZ Group Holdings Ltd (ASX: ANZ) shares are down 0.3% at $36.04; and National Australia Bank Ltd (ASX: NAB) shares are down 0.5% at $40.14.
So, which ASX 200 bank stock is shaking off the wider selling pressure that sees the benchmark index down 0.3% at this same time?
If you said Judo Capital Holdings Ltd (ASX: JDO) shares, give yourself a virtual gold star. Judo shares are currently changing hands for $1.39 apiece, up 0.7%.
Here’s why the challenger bank is grabbing investor interest today.
ASX 200 bank stock reaffirms FY 2026 profit guidance
Judo Bank shares are outperforming in Friday morning trade following a year-to-date performance update.
The ASX 200 bank stock reported gross loans and advances of $13.8 billion as at 31 March, up 3.0% quarter-on-quarter. And total deposits increased to $11.5 billion.
The March quarter also saw an improvement in Judo Bank’s net interest margin (NIM), which increased by 0.12% from its first half average to 3.15%.
As for what’s ahead, the bank reaffirmed its full year FY 2026 profit before tax guidance to be in the range of $180 million to $190 million.
However, the ASX 200 bank stock noted that it now expects to see profits come in at the lower end of this range. That comes after Judo increased its collective provisions coverage to 0.94% of loans as of the end of the March quarter, up from 0.89% at the end of the December quarter.
What did Judo Bank management say?
“While our customer base remains in good financial health, we have prudently chosen to strengthen our forward looking collective provision in recognition of ongoing uncertainty for the outlook,” Judo CEO Chris Bayliss said.
Looking to what might impact the ASX 200 bank stock in the months ahead, Bayliss added:
Notwithstanding the provision increase, we are still on track to deliver FY26 profit before tax within our original guidance range, albeit towards the lower end.
This continues to represent significant operating leverage, underpinned by strong lending, favourable funding conditions and disciplined cost management, and demonstrates strong progress towards our at-scale target of low-to-mid teens ROE.
The post Guess which ASX 200 bank stock is pushing higher on Friday (hint, not CBA shares) appeared first on The Motley Fool Australia.
Should you invest $1,000 in Judo Capital Holdings Limited right now?
Before you buy Judo Capital Holdings Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Judo Capital Holdings Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 20 Feb 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Judo Capital reaffirms FY26 profit guidance as lending growth continues
- Forget CBA shares â here are 2 ASX bank shares I’d rather own right now
- This is the only ASX bank stock I’d keep in my portfolio
- Why experts think this ASX bank share can rise 58% in a year!
- ASX bank stocks: Buy, sell, or hold?
Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.