Orchard Funding, the specialist provider of insurance premium and service fee financing, reported strong FY26 results (18 months to 31 January) with net profit 9% ahead of our expectations, translating to a record NAV per share of 108.7p. The Company declared a 1p final dividend, bringing the total dividend for FY26 to 4p (4.6% annualised yield), 33% ahead of our expectations. We leave our FY27 forecasts unchanged and introduce FY28 numbers, where continued expansion in lending volumes results i ....
