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

Updated 2026-06-18 00:30

Halifax showed solid mid-2025 results including increased net lending balances and growth in Retail and Business Finance, noting the February 2026 sale of the Consumer Vehicle Finance unit to unlock capital for higher-return opportunities. Cost savings from Project Fusion were highlighted as it shifts from loss-making vehicle lending to speed up long-term growth. These updates come alongside an interim six-month view showing margins improving and debt levels managed as part of a broader strategic reset.

Sources

News

Halifax News - Municipal public service announcements and media releases.

www.halifax.ca