Bank profits
An out of cycle hike to floating mortgage rates is 'not on our horizon', says ASB boss Barbara Chapman
16th Feb 12, 3:59pm
6
An out of cycle hike to floating mortgage rates is 'not on our horizon', says ASB boss Barbara Chapman
Westpac NZ first quarter earnings 'stronger with lower impairment charges', Australian parent says
16th Feb 12, 11:01am
Westpac NZ first quarter earnings 'stronger with lower impairment charges', Australian parent says
Kiwibank expecting at least NZ$50 mln profit this year, up from NZ$21 mln last year; Earnings to be retained to help drive growth; Could lessen need for govt injection
15th Feb 12, 3:59pm
Kiwibank expecting at least NZ$50 mln profit this year, up from NZ$21 mln last year; Earnings to be retained to help drive growth; Could lessen need for govt injection
ASB half-year profit surges 31% to NZ$372 mln as impairments continue falling, customers move to floating mortgages and lending growth resumes
15th Feb 12, 12:00pm
7
ASB half-year profit surges 31% to NZ$372 mln as impairments continue falling, customers move to floating mortgages and lending growth resumes
Eyes on the big Australasian banks' profits and whether they pass on any Reserve Bank of Australia rate cut in full
7th Feb 12, 2:03pm
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Eyes on the big Australasian banks' profits and whether they pass on any Reserve Bank of Australia rate cut in full
National Australia Bank says NZ subsidiary BNZ's first quarter bolstered by higher fee income and business banking
7th Feb 12, 10:24am
National Australia Bank says NZ subsidiary BNZ's first quarter bolstered by higher fee income and business banking
'Thank goodness we're profitable', BNZ CEO says of NZ banks operating in one of the most 'efficient and competitive' global banking systems
2nd Feb 12, 4:09pm
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'Thank goodness we're profitable', BNZ CEO says of NZ banks operating in one of the most 'efficient and competitive' global banking systems
Global survey by think tank and PwC finds gloomy outlook for banks with local respondents most worried about credit risk
31st Jan 12, 5:05am
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Global survey by think tank and PwC finds gloomy outlook for banks with local respondents most worried about credit risk
Opinion: Five things to watch in banking this year: Floating mortgage rates; Profits and margins; Cost cutting; Lending growth?; Funding costs
13th Jan 12, 7:44am
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Opinion: Five things to watch in banking this year: Floating mortgage rates; Profits and margins; Cost cutting; Lending growth?; Funding costs
BNZ September quarter business lending growth outpaces rivals
15th Dec 11, 4:01pm
BNZ September quarter business lending growth outpaces rivals
Westpac NZ asset & liability transfer from Aussie parent, bringing it in line with RBNZ rules, cost NZ$4.2 bln
14th Dec 11, 4:29pm
Westpac NZ asset & liability transfer from Aussie parent, bringing it in line with RBNZ rules, cost NZ$4.2 bln
Westpac NZ doubles profit in September quarter to NZ$146 mln and grows lending by NZ$508 mln with high LVR home loans rising
14th Dec 11, 4:22pm
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Westpac NZ doubles profit in September quarter to NZ$146 mln and grows lending by NZ$508 mln with high LVR home loans rising
SBS Bank September quarter profit drops 47% as provision for credit impairment surges 128%
5th Dec 11, 4:00pm
SBS Bank September quarter profit drops 47% as provision for credit impairment surges 128%
September quarter profit tumbles 77% to NZ$448k at new Co-operative Bank
5th Dec 11, 3:59pm
September quarter profit tumbles 77% to NZ$448k at new Co-operative Bank
TSB Bank September quarter profit rises 13% to NZ$11.939 mln as income grows at more than twice the pace of expenses
5th Dec 11, 3:58pm
TSB Bank September quarter profit rises 13% to NZ$11.939 mln as income grows at more than twice the pace of expenses
Kiwibank profit more than doubles in September quarter to NZ$17.6 mln as net interest income surges 38%
2nd Dec 11, 4:02pm
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Kiwibank profit more than doubles in September quarter to NZ$17.6 mln as net interest income surges 38%
New Zealand's biggest bank paying 3% per annum to investors on its 500 mln euros of covered bonds
2nd Dec 11, 3:58pm
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New Zealand's biggest bank paying 3% per annum to investors on its 500 mln euros of covered bonds
ASB September quarter profit rises 18% to NZ$177 mln despite NZ$646 mln quarterly lending drop
1st Dec 11, 4:01pm
ASB September quarter profit rises 18% to NZ$177 mln despite NZ$646 mln quarterly lending drop
Commonwealth Bank of Australia says ASB delivered steady 1st quarter income growth with margins up
15th Nov 11, 12:55pm
Commonwealth Bank of Australia says ASB delivered steady 1st quarter income growth with margins up
Westpac NZ CEO George Frazis sees annual pay drop to NZ$4.6 mln from NZ$5.73 mln
14th Nov 11, 11:55am
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Westpac NZ CEO George Frazis sees annual pay drop to NZ$4.6 mln from NZ$5.73 mln
Reserve Bank warns the big banks' not to cut costs too far in a weak lending market to boost profit
11th Nov 11, 4:05pm
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Reserve Bank warns the big banks' not to cut costs too far in a weak lending market to boost profit
Finance Minister Bill English quietly warns banks not to further widen their profit margins by increasing mortgage rates more than OCR
10th Nov 11, 4:42pm
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Finance Minister Bill English quietly warns banks not to further widen their profit margins by increasing mortgage rates more than OCR
Complaint over credit union TV advert, which encourages people to literally get their banker off their back, thrown out
9th Nov 11, 4:31pm
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Complaint over credit union TV advert, which encourages people to literally get their banker off their back, thrown out
Departing Commonwealth Bank of Australia CEO Ralph Norris thanks board, staff and shareholders at AGM but not customers
9th Nov 11, 11:27am
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Departing Commonwealth Bank of Australia CEO Ralph Norris thanks board, staff and shareholders at AGM but not customers
Opinion: With more big bank profit in 2011 than the boom year of 2007, the time remains ripe to haggle with your bank
7th Nov 11, 4:01pm
3
Opinion: With more big bank profit in 2011 than the boom year of 2007, the time remains ripe to haggle with your bank