Judo Bank (ASX:JDO) is why the Big Four ‘dinosaurs’ are roaring

Marc Kennis Marc Kennis, September 16, 2022

Let’s have a look at one of the major disruptions occurring within the financial services industry – and we aren’t talking about economic data and energy prices this time.

 

No time to do stock research, but you still want to invest?
Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks!

GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY

 

Stuart Roberts from Stocks Down Under discusses the rise of fintechs, including Judo Bank, what he likes about this space and the ways the industry has evolved since the emergence and uptake of fintech businesses.

 

Judo Bank

 

According to Stuart, “there’s a lot of roaring you can hear out there in Jurassic Park and it’s the Big Four Banks at the moment – gradually seeing whatever expertise they had being chiselled away by various start-ups and people nipping at the edges”.

In his view, apart from one major bank, the others may be seeing a longer-term secular decline – meaning, markets could see a gradual reduction of the relevance of these banks in the composition of the ASX.

 

Stuart likes Judo Bank

Stuart gives Ausbiz an overview of the industry and talks about one company that has “shot the lights out” in the current environment: Judo Bank (ASX:JDO), which has successfully capitalised on a niche and grown its loan bank by 73%.

 

No time to do stock research, but you still want to invest?
Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks!

GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY

 

No credit card needed and the trial expires automatically.

 

Blog Categories

Get Our Top 5 ASX Stocks for FY25

Recent Posts

Apple’s iPhone Production: Will the Tariff Pause Ease Pressure?

Apple’s iPhone Production in Focus: Is the Tariff Pause Enough to Ease the Pressure?

Apple, one of the largest and most influential tech companies in the world, is no stranger to the fluctuations of…

travel shares

Why travel shares are getting slammed…and it is not for the reasons you may think

Just when ASX travel shares were out of the COVID-19 doldrums (in that some surpassed their pre-COVID highs), 2025 looks…

Capital Gains Tax on Stocks

Capital Gains Tax on Stocks: Here’s what you need to know

Investors may be liable to pay Capital Gains Tax on Stocks, but may not know the nuances of how it…