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Bank profits

Strong lending growth continues at SBS Bank, The Co-operative Bank & TSB but net interest margins fall
6th Dec 17, 11:10am
Strong lending growth continues at SBS Bank, The Co-operative Bank & TSB but net interest margins fall
Impaired assets spike at rural lender Rabobank NZ in the September quarter
4th Dec 17, 10:43am
Impaired assets spike at rural lender Rabobank NZ in the September quarter
Kiwibank September quarter cost to income ratio blows out, net interest margin dips
4th Dec 17, 10:40am
Kiwibank September quarter cost to income ratio blows out, net interest margin dips
ANZ NZ pays $1.635 billion dividend, equivalent to $4.32 a share and 88% of annual cash profit
4th Dec 17, 7:24am
ANZ NZ pays $1.635 billion dividend, equivalent to $4.32 a share and 88% of annual cash profit
CEO Paul Brock appears to have checked out of Kiwibank with general manager of sales and service Mark Stephen stepping in
1st Dec 17, 10:40am
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CEO Paul Brock appears to have checked out of Kiwibank with general manager of sales and service Mark Stephen stepping in
Australian government announces Royal Commission into alleged misconduct of financial services providers pledging 'it won't be a never-ending lawyers’ picnic'
30th Nov 17, 2:38pm
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Australian government announces Royal Commission into alleged misconduct of financial services providers pledging 'it won't be a never-ending lawyers’ picnic'
ASB September quarter profit tops $300 mln with solid net interest margin as bank restates its regulatory capital ratios
29th Nov 17, 9:52am
ASB September quarter profit tops $300 mln with solid net interest margin as bank restates its regulatory capital ratios
Australasia's big 4 banks deliver their lowest bad debt charge since they began reporting credit expenses in 1980
13th Nov 17, 10:51am
Australasia's big 4 banks deliver their lowest bad debt charge since they began reporting credit expenses in 1980
NZ's 4 Australian owned banks dominate our banking industry and increased combined annual profit by $601 mln. Against this backdrop Gareth Vaughan outlines 3 steps to boost competition
11th Nov 17, 8:21am
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NZ's 4 Australian owned banks dominate our banking industry and increased combined annual profit by $601 mln. Against this backdrop Gareth Vaughan outlines 3 steps to boost competition
ANZ NZ, ASB, BNZ and Westpac NZ post combined annual cash profit of $4.8 billion despite squeeze on net interest margins
9th Nov 17, 10:16am
ANZ NZ, ASB, BNZ and Westpac NZ post combined annual cash profit of $4.8 billion despite squeeze on net interest margins
Heartland Bank seeks $59m through rights issue, posts 12% quarterly profit rise & reiterates forecast for annual profit growth of up to 12%
9th Nov 17, 10:06am
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Heartland Bank seeks $59m through rights issue, posts 12% quarterly profit rise & reiterates forecast for annual profit growth of up to 12%
Westpac NZ annual cash earnings climb 10% despite flat income thanks to $135 mln impairment turnaround as dairy farming sector recovers
6th Nov 17, 9:51am
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Westpac NZ annual cash earnings climb 10% despite flat income thanks to $135 mln impairment turnaround as dairy farming sector recovers
BNZ CEO Anthony Healy to return to parent National Australia Bank and be succeeded by NAB executive Angela Mentis
2nd Nov 17, 10:23am
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BNZ CEO Anthony Healy to return to parent National Australia Bank and be succeeded by NAB executive Angela Mentis
The country's biggest bank has a 'pretty good' appetite for residential mortgage growth, CEO David Hisco says, is playing a waiting game on proposed UDC sale
27th Oct 17, 11:29am
The country's biggest bank has a 'pretty good' appetite for residential mortgage growth, CEO David Hisco says, is playing a waiting game on proposed UDC sale
New Zealand's biggest bank records increased annual profit as income rises while expenses and loan impairments fall
26th Oct 17, 10:03am
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New Zealand's biggest bank records increased annual profit as income rises while expenses and loan impairments fall
Average June quarter net interest margin, cost of funds drops across New Zealand's big five banks 
15th Sep 17, 11:17am
Average June quarter net interest margin, cost of funds drops across New Zealand's big five banks 
Rabobank June quarter profitability rises but so do impaired assets
12th Sep 17, 12:48pm
Rabobank June quarter profitability rises but so do impaired assets
Strong lending growth continues at three NZ owned banks but profit takes a hit at two of them
8th Sep 17, 4:24pm
Strong lending growth continues at three NZ owned banks but profit takes a hit at two of them
Gareth Vaughan looks at Kiwibank's big IT about-face and suggests the recent shareholding change at the bank is the driving force behind it
4th Sep 17, 9:58am
Gareth Vaughan looks at Kiwibank's big IT about-face and suggests the recent shareholding change at the bank is the driving force behind it
Big IT project impairment hits Kiwibank's profit hard as new look board influenced by new shareholders reviews strategy
1st Sep 17, 10:00am
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Big IT project impairment hits Kiwibank's profit hard as new look board influenced by new shareholders reviews strategy
BNZ net interest margin recovers and profit surges as dividend is increased
30th Aug 17, 9:53am
BNZ net interest margin recovers and profit surges as dividend is increased
SBS Bank's Finance Now grows lending by another 6% in June quarter ahead of entering credit card market through Warehouse acquisition
25th Aug 17, 10:07am
SBS Bank's Finance Now grows lending by another 6% in June quarter ahead of entering credit card market through Warehouse acquisition
Asset quality slightly better and capital ratios rise at Westpac NZ as RBNZ ordered independent review of capital modelling gets underway
24th Aug 17, 11:17am
Asset quality slightly better and capital ratios rise at Westpac NZ as RBNZ ordered independent review of capital modelling gets underway
'Solid results' from three of Australasia's big four banks in the June quarter helped by them increasing mortgage interest rates
17th Aug 17, 12:58pm
'Solid results' from three of Australasia's big four banks in the June quarter helped by them increasing mortgage interest rates
June quarter numbers show the picture changing for the country's biggest bank. Bottom line weakens
16th Aug 17, 10:20am
June quarter numbers show the picture changing for the country's biggest bank. Bottom line weakens