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Bank profits

Co-op Bank quarterly profit up 75%

Income rises, expenses fall and the Co-operative Bank grows home lending in the December quarter

ANZ NZ quarterly profit up 33%

Updated
ANZ NZ December quarter profit rises 33% to $393 mln; Mortgage lending grows almost $1.3 bln

Big bank dividends surge

BNZ and Westpac ramp up dividend payments; BNZ 1st quarter profit jumps 57%

'No guarantees with large IT projects'

Updated
Kiwibank posts 10% interim profit fall on anti-money laundering expenses; Won't put exact numbers on cost of 'more than $100m' 3-4 year core banking system upgrade

TSB moves on from Solid Energy effect

TSB returned to profit growth in the December quarter as high LVR home lending fell 7%

Westpac Q1 profit surges 55%

Westpac December quarter profit rises on higher fee income, lower expenses and impairments; Mortgage book grows

Kiwibank profit may fall

Kiwibank interim profit under pressure to match last year's record high; Cost of, and funding plan for, core banking upgrade awaited

ASB's net interest margins on the march

The rise and rise of ASB's net interest margins as it throws its growth of high LVR lending into reverse

ASB half-year profit rises 14%

Updated
ASB half-year net profit after tax rises 14% to a record high NZ$416 mln; CEO Barbara Chapman sees momentum continuing, says NZ's in 'a very good position'

ANZ 'growing home loan book strongly'

ANZ group posts A$200 mln, or 13%, rise in 1st quarter profit, says NZ unit growing home loans strongly in non high LVR lending