Bank profits
Heartland CEO Jeff Greenslade says business 'very well positioned' with 'lots to be optimistic about' despite disappointing annual results and lack of year ahead guidance
30th Aug 24, 9:59am
Heartland CEO Jeff Greenslade says business 'very well positioned' with 'lots to be optimistic about' despite disappointing annual results and lack of year ahead guidance
CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth
22nd Aug 24, 12:51pm
10
CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth
Kiwibank grows its lending book 9.3% to $32.4 billion and says it is up for the challenge of 'taking on' the big four banks
22nd Aug 24, 9:04am
29
Kiwibank grows its lending book 9.3% to $32.4 billion and says it is up for the challenge of 'taking on' the big four banks
[updated]
Nicola Willis & Andrew Bayly set sights on Kiwibank, open banking, the Reserve Bank & mortgage brokers in response to Commerce Commission competition study
20th Aug 24, 11:35am
85
Nicola Willis & Andrew Bayly set sights on Kiwibank, open banking, the Reserve Bank & mortgage brokers in response to Commerce Commission competition study
New Zealand has a chance to learn from other countries on consumer data right, ASB CEO Vittoria Shortt says
16th Aug 24, 9:53am
New Zealand has a chance to learn from other countries on consumer data right, ASB CEO Vittoria Shortt says
[updated]
Parliamentary banking probe to include looking at why banks favour housing lending over lending to 'the productive sector'; RBNZ role in focus too
14th Aug 24, 1:02pm
15
Parliamentary banking probe to include looking at why banks favour housing lending over lending to 'the productive sector'; RBNZ role in focus too
[updated]
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
14th Aug 24, 10:36am
26
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
David Hargreaves wonders how this Government will find a good solution for Kiwibank when the previous Labour Government appears to have turned its back on the best solution - and that was already halfway in place
8th Aug 24, 5:00am
18
David Hargreaves wonders how this Government will find a good solution for Kiwibank when the previous Labour Government appears to have turned its back on the best solution - and that was already halfway in place
Big rise in TSB annual profit comes with the bank 'resetting to move forward' & 'right sizing,' CEO Kerry Boielle says
25th Jun 24, 4:33pm
5
Big rise in TSB annual profit comes with the bank 'resetting to move forward' & 'right sizing,' CEO Kerry Boielle says
TSB's annual profit jumps as drop in expenses outweighs lower income as housing lending competition bites
24th Jun 24, 1:49pm
TSB's annual profit jumps as drop in expenses outweighs lower income as housing lending competition bites
Cameron Bagrie on why and how the pricing of risk versus the taking of risk by banks needs to change
Why NZ needs a 'good, hard debate' about the composition of bank lending and how it's impacting productivity
21st Jun 24, 9:12am
50
Why NZ needs a 'good, hard debate' about the composition of bank lending and how it's impacting productivity
New Zealand's biggest bank produces eye watering quarterly profit
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
29th May 24, 10:04am
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
Co-operative Bank CEO Mark Wilkshire eyes new core banking system, sees 2 key areas of open banking opportunity, 'moves quickly' to address RBNZ AML concerns
28th May 24, 11:14am
Co-operative Bank CEO Mark Wilkshire eyes new core banking system, sees 2 key areas of open banking opportunity, 'moves quickly' to address RBNZ AML concerns
Big four banks' combined interim dividends rise 40%, suggesting comfort with need to meet increased regulatory capital requirements
28th May 24, 9:31am
Big four banks' combined interim dividends rise 40%, suggesting comfort with need to meet increased regulatory capital requirements
[updated]
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
7th May 24, 10:11am
21
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
[updated]
Westpac NZ CEO Catherine McGrath sees good momentum, optimistic economy will start improving by end of year. Says fewer customers suffering hardship than expected
6th May 24, 10:28am
11
Westpac NZ CEO Catherine McGrath sees good momentum, optimistic economy will start improving by end of year. Says fewer customers suffering hardship than expected
[updated]
BNZ interim profit drops with income and net interest margin falling and expenses rising
2nd May 24, 10:18am
5
BNZ interim profit drops with income and net interest margin falling and expenses rising
Which is bigger by assets, the three Chinese banks operating in NZ combined, or TSB?
29th Apr 24, 9:36am
Which is bigger by assets, the three Chinese banks operating in NZ combined, or TSB?
Housing lending as a percentage of New Zealand banks' total lending reaches 70%, KPMG's annual FIPS shows
13th Mar 24, 3:16pm
33
Housing lending as a percentage of New Zealand banks' total lending reaches 70%, KPMG's annual FIPS shows
Profit at New Zealand's biggest bank fell 22% in the December quarter as non-performing loans rose above $1 billion
1st Mar 24, 9:12am
Profit at New Zealand's biggest bank fell 22% in the December quarter as non-performing loans rose above $1 billion
Heartland Group engaged in 'labour intensive' regulatory approval process with the RBNZ & APRA for Challenger Bank
28th Feb 24, 9:30am
Heartland Group engaged in 'labour intensive' regulatory approval process with the RBNZ & APRA for Challenger Bank
[updated]
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
22nd Feb 24, 9:39am
5
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
[updated]
ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
15th Feb 24, 5:17pm
29
ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
[updated]
Falling net interest margin and rising costs push ASB half-year profit lower
14th Feb 24, 10:29am
12
Falling net interest margin and rising costs push ASB half-year profit lower