Bank profits

[Updated]
2nd Oct 19, 3:18pm
BNZ and parent National Australia Bank say review of software capitalisation policies will result in reduction to annual net profit after tax
[Updated]
BNZ and parent National Australia Bank say review of software capitalisation policies will result in reduction to annual net profit after tax
2nd Oct 19, 3:18pm
30th Aug 19, 11:44am
With its roots and charitable trust ownership in Taranaki, TSB is growing in other parts of New Zealand. So does it look to distribute profits outside its home province?
With its roots and charitable trust ownership in Taranaki, TSB is growing in other parts of New Zealand. So does it look to distribute profits outside its home province?
30th Aug 19, 11:44am
28th Aug 19, 9:36am
The country's key smaller banks deliver a weaker collective financial performance in the June quarter this year compared to the 2018 June quarter
The country's key smaller banks deliver a weaker collective financial performance in the June quarter this year compared to the 2018 June quarter
28th Aug 19, 9:36am
27th Aug 19, 9:30am
Combined June quarter profit up 13% for ANZ, ASB, BNZ & Westpac as average RoE rises, cost-to-income ratio drops and net interest margin holds steady
Combined June quarter profit up 13% for ANZ, ASB, BNZ & Westpac as average RoE rises, cost-to-income ratio drops and net interest margin holds steady
27th Aug 19, 9:30am
26th Aug 19, 8:01am
CEO Steve Jurkovich says Kiwibank transformation project to cost 'hundreds of millions' over four to five years
CEO Steve Jurkovich says Kiwibank transformation project to cost 'hundreds of millions' over four to five years
26th Aug 19, 8:01am
25th Aug 19, 6:31am
Gareth Vaughan suggests ANZ and its fellow big banks are starting to look snookered. Could it be time for them to accept they're now utilities?
Gareth Vaughan suggests ANZ and its fellow big banks are starting to look snookered. Could it be time for them to accept they're now utilities?
25th Aug 19, 6:31am
23rd Aug 19, 10:09am
Kiwibank cites banking fee reductions, bill paying services returning to NZ Post, and lower insurance income as its annual profit drops by $7 million
Kiwibank cites banking fee reductions, bill paying services returning to NZ Post, and lower insurance income as its annual profit drops by $7 million
23rd Aug 19, 10:09am
20th Aug 19, 9:31am
UBS analysts highlight the wide range of returns on equity across Heartland Group Holdings' stable from reverse mortgages at the top to loans via Harmoney at the bottom
UBS analysts highlight the wide range of returns on equity across Heartland Group Holdings' stable from reverse mortgages at the top to loans via Harmoney at the bottom
20th Aug 19, 9:31am
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
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
13th Aug 19, 11:16am
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
13th Aug 19, 11:16am
[Updated]
7th Aug 19, 10:15am
ASB annual profit increases to $1.274 billion with return on equity at 15.2% as cost-to-income ratio is cut to 35.6%. Parent Commonwealth Bank of Australia buys into buy now pay later firm
[Updated]
ASB annual profit increases to $1.274 billion with return on equity at 15.2% as cost-to-income ratio is cut to 35.6%. Parent Commonwealth Bank of Australia buys into buy now pay later firm
7th Aug 19, 10:15am
5th Aug 19, 9:57am
ASB's parent Commonwealth Bank of Australia under pressure to return billions of dollars of capital to shareholders despite expectation ASB's capital will need bolstering to meet RBNZ bank capital proposals
ASB's parent Commonwealth Bank of Australia under pressure to return billions of dollars of capital to shareholders despite expectation ASB's capital will need bolstering to meet RBNZ bank capital proposals
5th Aug 19, 9:57am
[Updated]
2nd Aug 19, 9:50am
RBNZ analysis shows big 4 NZ banks' average return on equity second among banks from comparable countries, and if Kiwibank could match their operating expense efficiency its return on equity would be comparable
[Updated]
RBNZ analysis shows big 4 NZ banks' average return on equity second among banks from comparable countries, and if Kiwibank could match their operating expense efficiency its return on equity would be comparable
2nd Aug 19, 9:50am
24th Jul 19, 9:43am
Aussie banks' return on equity targets labelled difficult to justify in a low interest rate world, potentially impacting their ability to meet community expectations and undermining Reserve Bank of Australia monetary policy
Aussie banks' return on equity targets labelled difficult to justify in a low interest rate world, potentially impacting their ability to meet community expectations and undermining Reserve Bank of Australia monetary policy
24th Jul 19, 9:43am
18th Jul 19, 11:39am
Fitch Ratings affirms the AA- ratings of ANZ and Westpac but warns both they and their NZ subsidiaries might see a weakening in earnings relative to their peers
Fitch Ratings affirms the AA- ratings of ANZ and Westpac but warns both they and their NZ subsidiaries might see a weakening in earnings relative to their peers
18th Jul 19, 11:39am
3rd Jul 19, 5:00am
ANZ's NZ vehicle and asset finance provider subsidiary UDC Finance has reported another rise in interim earnings as it mulls a return of funds to investors later this calendar year
ANZ's NZ vehicle and asset finance provider subsidiary UDC Finance has reported another rise in interim earnings as it mulls a return of funds to investors later this calendar year
3rd Jul 19, 5:00am
6th Jun 19, 5:00am
SBS Bank CEO Shaun Drylie hopeful the mutually owned building society will gain RBNZ approval for a Tier 1 capital instrument to help it meet the regulator's bank capital proposals
SBS Bank CEO Shaun Drylie hopeful the mutually owned building society will gain RBNZ approval for a Tier 1 capital instrument to help it meet the regulator's bank capital proposals
6th Jun 19, 5:00am
4th Jun 19, 9:48am
New Zealand's big four banks deliver strong March quarter return on equity as profit surges, ANZ cuts dividend
New Zealand's big four banks deliver strong March quarter return on equity as profit surges, ANZ cuts dividend
4th Jun 19, 9:48am
7th May 19, 4:50pm
Gareth Vaughan delves into the big banks' interim financial results noting three are on track for annual profit of more than $1 bln, whilst ANZ could crack $2 bln
Gareth Vaughan delves into the big banks' interim financial results noting three are on track for annual profit of more than $1 bln, whilst ANZ could crack $2 bln
7th May 19, 4:50pm
[Updated]
6th May 19, 10:13am
Westpac NZ half-year profit rises 15% to record high boosted by sale of Paymark stake, solid income growth and drop in bad debts
[Updated]
Westpac NZ half-year profit rises 15% to record high boosted by sale of Paymark stake, solid income growth and drop in bad debts
6th May 19, 10:13am

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