Jun 25, 2026 – 12.26pmInvestors have shredded Judo Bank’s valuation, which almost halved after the business lender identified that three loans had gone bad in the past few weeks, while also warning that deteriorating economic conditions may lead to higher bad debts next year.Judo’s chief executive Chris Bayliss hastily arranged a call with analysts on Thursday morning to explain why the bank was forced to increase specific provisions by $20 million a week before the financial year-end. Judo’s shares plunged 40 per cent to 94¢ in early afternoon trade, wiping $400 million from the company’s valuation.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles