Latest News About Halifax Bank reports solid mid-2025 performance driven by higher lending balances and growth in Retail and Business Finance

Updated 2026-06-18 00:30

Halifax showed solid mid-2025 results with increased net lending balances and growth in Retail and Business Finance, including the February 2026 completion of selling the Consumer Vehicle Finance unit to unlock capital for higher-return opportunities. Project Fusion-driven cost savings were emphasized and a shift away from loss-making vehicle lending to accelerate long-term growth. An interim six-month view shows improving margins and managed debt as part of a broader reset.

Sources

News

Halifax News - Municipal public service announcements and media releases.

www.halifax.ca