IMB Bank today announced its financial results for the year ended 30 June 2026, reporting record profit and lending outcomes, continued balance sheet growth and further investment in secure, accessible banking for members.
In its 146th year, IMB welcomed over 21,000 new members and continued to combine personal service with expanding digital capability. The result reflects disciplined growth, a sound funding and capital position, and a clear focus on helping members and their communities to be better off.
Performance highlights (% change compared to FY25):
Strategic progress and solid performance
IMB Bank Chief Executive Officer, Robert Ryan, said: “FY26 was a year of profitable, well-managed growth. Record lending approvals and a stronger balance sheet demonstrate the continued confidence members place in IMB.”
“Our growth is grounded in a consistent strategy which is to stay close to our members, offer safe and competitively priced products and services, and invest sustainably in the capabilities that improve their banking experience. This approach helped us support more Australians through important financial decisions while maintaining the personal service that distinguishes IMB Bank.”
During the year, IMB Bank made online application processes simpler, extended its use of secure biometric identity verification, removed a range of service and transaction fees, and broadened access to products supporting members at different life stages. It also strengthened scam and financial crime protection through Payee Name Confirmation, targeted holds on high-risk outgoing payments and multifactor authentication via in-app push notifications for payments requiring approval from multiple signatories.
Mr Ryan said: “As banking becomes more digital, convenience and security must progress together. We are investing in digital services that make banking simpler, faster and safer, while maintaining our branches, locally based contact centre, mobile lenders and business bankers so members can speak with us when they need guidance.” IMB Bank also established governance, policies and assessment processes for responsible AI use, enabling controlled applications that can improve employee efficiency and provide more responsive, personalised member support.
IMB maintained a total capital adequacy ratio of 16.5% at year-end, supporting resilience and continued investment in sustainable growth.
Creating value beyond banking
The IMB BankCommunity Foundation continued its long-standing support for local organisations, with $700,000 committed to community grants in FY26. Since 1999, the Foundation has supported more than 1,000 projects across New South Wales, the Australian Capital Territory and Victoria.
For the first time, IMB Bank’s annual reporting includes a Sustainability Report outlining the Bank’s governance of climate-related risks and opportunities. IMB Bank reported zero market-based Scope 2 operational emissions in FY26 and continued to work toward its existing emissions reduction commitments.
FY27 outlook
The year ahead is expected to be demanding. Higher borrowing and funding costs, housing market conditions, strong competition and broader economic uncertainty may make FY26’s level of performance challenging to sustain for the broader financial services industry.
IMB Bank enters FY27 from a sound position, with capital strength, a stable retail funding base and disciplined approach to growth which provide a strong platform that enables it to support members, remain competitive and continue building the capabilities required for the future.
“In the coming year, we will build on these strengths by enhancing the services members rely on, supporting those managing cost-of-living pressures, and directing investment towards initiatives that deliver good outcomes for members and their communities.”
For further information please contact:
JamesTait | T: 0400 304147 | E: jtait@respublica.com.au
.svg)
