Bank of us has delivered another strong year of growth and profitability, writing a record $508 million in new loans.
Total assets grew 9 per cent to $2.19 billion in 2025-26, while the Bank's loan book increased by $160 million to $1.84 billion and deposits grew by $157 million to $2.03 billion.
Close to 4000 new customers joined Tasmania’s only customer-owned bank during the year, taking active customers to more than 37,800.
Bank of us maintained a 13% share of Tasmania's owner-occupied housing finance market.
After-tax profit increased to $6.10 million.
Bank of us CEO Paul Ranson said the result provided a strong foundation for the Bank to continue investing in its customers, people and Tasmania.
"Growth and profitability matter. They allow us to remain financially strong, invest in the technology and services our customers," Mr Ranson said.
"The difference with a customer-owned bank is what we can do with that strength. Without external shareholders, we can reinvest in the Bank, our customers and areas where we believe we can make a meaningful difference for Tasmania."
That impact was evident in housing, where Bank of us completed its fourth year as exclusive lender for the Tasmanian Government's MyHome Shared Equity Program.
More than 1100 MyHome loans have now been funded, helping more than 3000 Tasmanians into home ownership. Since 2022, MyHome has also supported construction of 430 new homes, adding to the State's housing supply.
Bank of us Chair Helen Galloway said the Bank also continued investing in ways to improve financial confidence in Tasmania.
Its children's game, Big Plans, was recognised with the Social Innovation Award at the 2026 TasICT Awards. Developed with Tasmanian games studio Secret Lab, the free game helps children aged five to eight explore basic concepts including earning, saving and spending.
Ms Galloway said investments such as Big Plans were evidence that growth and positive impact were not competing ambitions for a customer-owned bank.
"Our aim is to continue growing our share of the Tasmanian market because a strong, sustainable bank gives us greater capacity to serve our customers and contribute to Tasmania," Ms Galloway said.
"Our focus is straightforward: remain financially strong, continue investing in better banking, and use that strength to help more Tasmanians into secure housing and build confidence with money."
Bank of us also recorded a positive employee engagement score of 91 per cent during the year.
