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Bank profits

Big profit rise for HSBC NZ

HSBC NZ profit bounces back strongly after big commercial loan hit

ASB CEO sees 'credible' internet currency within 3 years

ASB CEO Barbara Chapman talks up the potential for a digital currency with credibility, whilst ANZ's David Hisco highlights the importance of the bottom line

Co-op Bank profit, mortgages grow

The Co-operative Bank delivers 12% rise in December quarter profit as home loan growth tops system

TSB Bank profit smashed

TSB tumbles into the red in December quarter on Solid Energy write-off; Cost to income ratio strong

'1 Auckland mortgage equivalent to 3 in Invercargill'

SBS striving to offer greater value to its members as profit, home loan book grow strongly in December quarter

Kiwibank nears first dividend

Kiwibank posts 36% rise in half-year profit to record $71 mln, net interest margin up 30 basis points with first dividend near

Heartland tries to reverse reverse in reverse equity business

Heartland Bank meets profit target with $23.5 million interim but says reverse equity operations achieved lower than expected new levels of business

ANZ NZ Q1 profit up 8%

ANZ NZ posts 8% rise in first quarter profit to $425 million. Income growth outstrips expense growth but credit impairments rise

ASB boss sees NIM peaking

ASB navigating way through competitive home loan market 'quite carefully,' CEO Barbara Chapman says

Record ASB interim profit

ASB interim profit up 7% with chunky dividends, net interest margin up 15bps, cost to income ratio down 150bps; CBA's Narev says weak Aussie confidence a significant economic threat