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Bank profits

Westpac June quarter profit up 2.3% as costs, loan impairments drop
21st Aug 13, 3:59pm
Westpac June quarter profit up 2.3% as costs, loan impairments drop
Just 3% of ANZ's June quarter residential mortgage growth came from high LVR lending
19th Aug 13, 3:59pm
Just 3% of ANZ's June quarter residential mortgage growth came from high LVR lending
ASB posts $705 mln annual net profit as parent CBA delivers A$7.8 bln cash earnings
14th Aug 13, 10:58am
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ASB posts $705 mln annual net profit as parent CBA delivers A$7.8 bln cash earnings
ASB's parent CBA seen posting record annual cash earnings, again
1st Aug 13, 4:49pm
ASB's parent CBA seen posting record annual cash earnings, again
Our big 4 banks appear to be the developed world's most profitable, based on their pre-tax profit
25th Jun 13, 5:00pm
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Our big 4 banks appear to be the developed world's most profitable, based on their pre-tax profit
ASB delivers owner CBA a higher return on equity than its major domestic rivals
5th Jun 13, 4:30pm
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ASB delivers owner CBA a higher return on equity than its major domestic rivals
TSB boss says any credit rating downgrade wouldn't be a fair reflection of the bank's 'exceptional' performance
31st May 13, 4:17pm
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TSB boss says any credit rating downgrade wouldn't be a fair reflection of the bank's 'exceptional' performance
Kiwibank on track for record annual profit for second straight year
29th May 13, 4:08pm
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Kiwibank on track for record annual profit for second straight year
ASB grows home loans by NZ$791 mln in March quarter with 71% of growth in loans where borrower has less than 20% equity
16th May 13, 9:24pm
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ASB grows home loans by NZ$791 mln in March quarter with 71% of growth in loans where borrower has less than 20% equity
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage and business lending growth remained above overall market growth in the March quarter
15th May 13, 11:01am
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage and business lending growth remained above overall market growth in the March quarter
BNZ interim net profit after tax drops 15% to NZ$298 mln as expenses and impairments rise
9th May 13, 10:50am
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BNZ interim net profit after tax drops 15% to NZ$298 mln as expenses and impairments rise
Analysts at UBS point to key challenges facing ANZ NZ, say it's 'very profitable' but question whether this is sustainable
7th May 13, 4:26pm
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Analysts at UBS point to key challenges facing ANZ NZ, say it's 'very profitable' but question whether this is sustainable
Westpac NZ interim cash earnings rise 7% as impairment charges on bad loans fall
3rd May 13, 10:20am
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Westpac NZ interim cash earnings rise 7% as impairment charges on bad loans fall
ANZ NZ posts half-year profit of NZ$655 mln as it cuts costs and provisions for bad loans fall
30th Apr 13, 10:36am
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ANZ NZ posts half-year profit of NZ$655 mln as it cuts costs and provisions for bad loans fall
Deutsche Bank analysts say ANZ is being penalised for its lower-than-peer dividend payout ratio; Could sustain ratio of as much as 81% compared with current 65%
29th Apr 13, 3:55pm
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Deutsche Bank analysts say ANZ is being penalised for its lower-than-peer dividend payout ratio; Could sustain ratio of as much as 81% compared with current 65%
Australasia's big 4 banks expected to post combined 5% rise in half-year cash earnings to A$13.22 billion
24th Apr 13, 4:45pm
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Australasia's big 4 banks expected to post combined 5% rise in half-year cash earnings to A$13.22 billion
Loan to value ratio caps and increased sectoral capital requirements seen as the biggest threats to bank profitablity out of the RBNZ's macro-prudential tools
8th Mar 13, 4:07pm
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Loan to value ratio caps and increased sectoral capital requirements seen as the biggest threats to bank profitablity out of the RBNZ's macro-prudential tools
TSB Bank grows deposits by almost twice the pace of lending in the December quarter
4th Mar 13, 4:45pm
TSB Bank grows deposits by almost twice the pace of lending in the December quarter
Banks now voluntarily offering to reduce customers' interest rates in order to avoid bidding war with rivals and keep good customers
27th Feb 13, 4:14pm
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Banks now voluntarily offering to reduce customers' interest rates in order to avoid bidding war with rivals and keep good customers
Kiwibank posts strong profit rise as income increases and it makes no addition to its existing loan impairment allowances
25th Feb 13, 9:59am
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Kiwibank posts strong profit rise as income increases and it makes no addition to its existing loan impairment allowances
ANZ Group posts 6.2% rise in Q1 earnings, says NZ margins under pressure
15th Feb 13, 10:06am
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ANZ Group posts 6.2% rise in Q1 earnings, says NZ margins under pressure
Scammers pretend to be from NZ Bankers' Association to lure people into giving bank details
13th Feb 13, 3:11pm
Scammers pretend to be from NZ Bankers' Association to lure people into giving bank details
ASB records strong growth in business and rural lending as interim profit slips back from last year's record high
13th Feb 13, 11:11am
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ASB records strong growth in business and rural lending as interim profit slips back from last year's record high
Big bank reporting season underway with cost management in the spotlight
8th Feb 13, 3:59pm
Big bank reporting season underway with cost management in the spotlight
UBS analysts downgrade shares in ASB's parent CBA to 'sell' from 'neutral' citing its market cap topping A$100 bln and 'stretched' valuation metrics
16th Jan 13, 4:07pm
UBS analysts downgrade shares in ASB's parent CBA to 'sell' from 'neutral' citing its market cap topping A$100 bln and 'stretched' valuation metrics