Bank profits
In just 12 months, we have gone from a time when all the OCR change was passed on to borrowers, to now when none of it is. Oligoply power wins a stunning reversal
14th Nov 16, 5:02am
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In just 12 months, we have gone from a time when all the OCR change was passed on to borrowers, to now when none of it is. Oligoply power wins a stunning reversal
Fitch predicts challenges will continue for Australasia's 'highly profitable' big four banks
10th Nov 16, 3:45pm
Fitch predicts challenges will continue for Australasia's 'highly profitable' big four banks
Westpac annual cash profit falls as expenses rise faster than income, net interest margin falls 12 basis points
7th Nov 16, 10:05am
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Westpac annual cash profit falls as expenses rise faster than income, net interest margin falls 12 basis points
One-off costs and higher bad loans send ANZ NZ's annual profit south
BNZ annual profit drops $125m; Gross impaired assets top $1b; Capital bolstered; CEO sees increased pressure on lending margins influencing interest rates
27th Oct 16, 10:14am
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BNZ annual profit drops $125m; Gross impaired assets top $1b; Capital bolstered; CEO sees increased pressure on lending margins influencing interest rates
Macquarie analysts estimate the big 4 Australasian banks can cut costs by up A$700m over three years
26th Oct 16, 10:58am
Macquarie analysts estimate the big 4 Australasian banks can cut costs by up A$700m over three years
'Subdued results in-line with market expectations' predicted from the big bank results. NAB's dividend, ANZ's strategic reviews among the focal points
25th Oct 16, 10:01am
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'Subdued results in-line with market expectations' predicted from the big bank results. NAB's dividend, ANZ's strategic reviews among the focal points
Bank funding costs down more than 26% since 2014, KPMG says in quarterly FIPS, boosting net interest margins
12th Oct 16, 12:02pm
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Bank funding costs down more than 26% since 2014, KPMG says in quarterly FIPS, boosting net interest margins
NAB's Andrew Thorburn sets out the case for why mortgage rates don't necessarily follow official interest rates lower
7th Oct 16, 9:32pm
NAB's Andrew Thorburn sets out the case for why mortgage rates don't necessarily follow official interest rates lower
The much-delayed deal for the NZ Super Fund and ACC to become major Kiwibank shareholders may now be completed within weeks
15th Sep 16, 12:01pm
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The much-delayed deal for the NZ Super Fund and ACC to become major Kiwibank shareholders may now be completed within weeks
ANZ's BlueNotes editor Andrew Cornell looks at the negativity of negative interest rates
13th Sep 16, 12:22pm
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ANZ's BlueNotes editor Andrew Cornell looks at the negativity of negative interest rates
Lending growth, driven by home loans, rises strongly at the Co-operative Bank, SBS Bank & TSB Bank
2nd Sep 16, 10:17am
Lending growth, driven by home loans, rises strongly at the Co-operative Bank, SBS Bank & TSB Bank
Big banks' profits and funding costs down in June quarter as loan provisions and costs rise
29th Aug 16, 10:16am
Big banks' profits and funding costs down in June quarter as loan provisions and costs rise
NZ Post says NZ Super Fund & ACC have completed Kiwibank due diligence, now seeking 'timely conclusion' of sale of 45% stake
26th Aug 16, 9:58am
NZ Post says NZ Super Fund & ACC have completed Kiwibank due diligence, now seeking 'timely conclusion' of sale of 45% stake
Rabobank NZ sees June quarterly profit drop as impairment losses rise
25th Aug 16, 10:15am
Rabobank NZ sees June quarterly profit drop as impairment losses rise
Westpac NZ sees June quarter net interest margin slide, cost of funds drop, and cost to income ratio rise
24th Aug 16, 4:02pm
Westpac NZ sees June quarter net interest margin slide, cost of funds drop, and cost to income ratio rise
BNZ June quarter funding costs, net interest margin fall, cost to income ratio rises
23rd Aug 16, 4:30pm
BNZ June quarter funding costs, net interest margin fall, cost to income ratio rises
Craigs Investment Partners lifts target price on Heartland Bank shares by 13% after annual results
18th Aug 16, 9:55am
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Craigs Investment Partners lifts target price on Heartland Bank shares by 13% after annual results
ANZ's Andrew Cornell puts the case for bank leverage, says banks without risk don’t serve the purpose as 'handmaidens' of the economy, no matter how safe they are
18th Aug 16, 5:02am
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ANZ's Andrew Cornell puts the case for bank leverage, says banks without risk don’t serve the purpose as 'handmaidens' of the economy, no matter how safe they are
ANZ NZ provision for credit impairment and capital both rise, dividend drops
New Zealand's biggest bank records profit fall due to rising bad debts and software charge
16th Aug 16, 10:31am
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New Zealand's biggest bank records profit fall due to rising bad debts and software charge
By their actions, the four main banks show the claim that they are encouraging New Zealand businesses and supporting the New Zealand economy comes second to their own private interests
13th Aug 16, 5:00pm
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By their actions, the four main banks show the claim that they are encouraging New Zealand businesses and supporting the New Zealand economy comes second to their own private interests
ASB June quarter net interest income and profit up, cost-to-income ratio and cost of funds down
11th Aug 16, 4:26pm
ASB June quarter net interest income and profit up, cost-to-income ratio and cost of funds down
ASB annual profit hits NZ$913 mln despite fall in net interest margin and higher provisioning for loans to dairy farmers
10th Aug 16, 10:34am
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ASB annual profit hits NZ$913 mln despite fall in net interest margin and higher provisioning for loans to dairy farmers
ANZ group CEO Shayne Elliott talks of a 'rather a complex formula' for banks to balance the interests of borrowers, savers and shareholders
10th Aug 16, 9:43am
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ANZ group CEO Shayne Elliott talks of a 'rather a complex formula' for banks to balance the interests of borrowers, savers and shareholders