net interest margin
Squirrel's David Cunningham says ASB's high mortgage rates are hitting its market share and short-term profit from higher margins will come at the expense of longer-term profits
16th Sep 23, 9:12am
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Squirrel's David Cunningham says ASB's high mortgage rates are hitting its market share and short-term profit from higher margins will come at the expense of longer-term profits
Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change
11th Aug 23, 10:41am
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Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change
ANZ NZ's annual profit pushes above $1.9 billion helped by strong housing lending and lower loan provisions; 70% of total lending now housing lending
28th Oct 21, 10:03am
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ANZ NZ's annual profit pushes above $1.9 billion helped by strong housing lending and lower loan provisions; 70% of total lending now housing lending
UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
1st Sep 20, 9:17am
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UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
12th Aug 20, 10:36am
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ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
12th Feb 20, 10:20am
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ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
BNZ September year profit drops $7 million as expenses increase at more than twice the pace of income and loan impairments rise
7th Nov 19, 10:26am
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BNZ September year profit drops $7 million as expenses increase at more than twice the pace of income and loan impairments rise
ANZ NZ annual profit falls 8% from last year's record high with costs up 5% and income up 3% as credit impairments rise
31st Oct 19, 9:51am
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ANZ NZ annual profit falls 8% from last year's record high with costs up 5% and income up 3% as credit impairments rise
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
16th Aug 19, 9:25am
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
BNZ posts 12% increase in interim profit to $550 mln with income up and expenses & bad debts both falling. Parent NAB says BNZ may need to 'reprice and/or reduce' lending to meet RBNZ capital proposals
2nd May 19, 10:35am
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BNZ posts 12% increase in interim profit to $550 mln with income up and expenses & bad debts both falling. Parent NAB says BNZ may need to 'reprice and/or reduce' lending to meet RBNZ capital proposals
New Zealand's big five banks deliver a strong quarter's financial performance, but some banks would have work to do to meet RBNZ's capital proposals
5th Mar 19, 9:52am
New Zealand's big five banks deliver a strong quarter's financial performance, but some banks would have work to do to meet RBNZ's capital proposals
Kiwibank annual profit rebounds after last year's IT hit as net interest margin rises, disharmony between shareholders 'over a historical issue' bubbles to surface
24th Aug 18, 10:24am
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Kiwibank annual profit rebounds after last year's IT hit as net interest margin rises, disharmony between shareholders 'over a historical issue' bubbles to surface
BNZ March quarter profit slides 26% as expenses grow 4% and operating income falls 16%, breaches banking registration
22nd May 17, 4:18pm
BNZ March quarter profit slides 26% as expenses grow 4% and operating income falls 16%, breaches banking registration
Kiwibank delivers slow September quarter as NZ Super Fund, ACC completed buy-in. Hastings office comes to fore after earthquake
30th Nov 16, 9:58am
Kiwibank delivers slow September quarter as NZ Super Fund, ACC completed buy-in. Hastings office comes to fore after earthquake
Strong September quarter, albeit with significant net interest margin fall, has Heartland Bank reaffirming forecast for annual profit rise of up to 11%
18th Nov 16, 12:54pm
Strong September quarter, albeit with significant net interest margin fall, has Heartland Bank reaffirming forecast for annual profit rise of up to 11%
ASB delivers strong September quarter as home loan growth surges, although asset quality deteriorates
16th Nov 16, 10:05am
ASB delivers strong September quarter as home loan growth surges, although asset quality deteriorates
It is not home owners who suffer when banks divert OCR cuts to protect their profit margins, it is small business and farmers who pay the costs. We describe bank funding motivations
8th Aug 16, 9:48am
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It is not home owners who suffer when banks divert OCR cuts to protect their profit margins, it is small business and farmers who pay the costs. We describe bank funding motivations
The difference between the lowest and highest mortgage rates are now at their widest of the year. The pressure builds on banks who haven't responded
22nd May 16, 9:05am
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The difference between the lowest and highest mortgage rates are now at their widest of the year. The pressure builds on banks who haven't responded
CFO Antonia Watson says ANZ NZ is seeing across the board increases in wholesale funding costs
18th Feb 16, 4:19pm
CFO Antonia Watson says ANZ NZ is seeing across the board increases in wholesale funding costs
ASB could slow the dividend tap if it needed to bolster its Common Equity Tier 1 capital, CEO says
13th Aug 15, 4:01pm
ASB could slow the dividend tap if it needed to bolster its Common Equity Tier 1 capital, CEO says
ASB half-year net profit after tax rises 14% to a record high of NZ$416 mln
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
Opinion: Sarah Mehrtens explains why we should be happy with the current level of bank profits
28th Sep 11, 5:01pm
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Opinion: Sarah Mehrtens explains why we should be happy with the current level of bank profits