‘These things happen’: Judo Bank hits canvas as bad debts shock investors (opens original article in a new tab)

Judo Bank's valuation dropped nearly in half after three bad loans were identified, with shares falling 40% and warnings of potential higher bad debts due to economic conditions.

• Judo Bank's valuation almost halved after three bad loans were identified
• Judo Bank warned of potential higher bad debts due to deteriorating economic conditions
• Judo Bank's shares plunged 40% to 94¢ following the bad debt revelations