Bank profits

[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
[Updated]
2nd May 19, 10:35am
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
[Updated]
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
[Updated]
1st May 19, 9:55am
ANZ NZ half-year net profit after tax drops 4% from last year's record high despite higher income and lower expenses and loan impairments more than halving
[Updated]
ANZ NZ half-year net profit after tax drops 4% from last year's record high despite higher income and lower expenses and loan impairments more than halving
1st May 19, 9:55am
30th Apr 19, 5:00am
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
30th Apr 19, 5:00am
4th Apr 19, 10:01am
by admin
Fitch says big 4 NZ banks' strong operating profitability relative to international peers likely to continue, supported by strong franchises and pricing power
Fitch says big 4 NZ banks' strong operating profitability relative to international peers likely to continue, supported by strong franchises and pricing power
4th Apr 19, 10:01am
1st Apr 19, 12:15pm
Rabobank NZ 'committed to ensuring its governance and management frameworks remain appropriate and consistent with regulator expectations and requirements'
Rabobank NZ 'committed to ensuring its governance and management frameworks remain appropriate and consistent with regulator expectations and requirements'
1st Apr 19, 12:15pm
13th Mar 19, 5:00am
RBNZ bank capital proposals appear quite sensible given the unique New Zealand banking market structure, Deutsche Bank analysts say
RBNZ bank capital proposals appear quite sensible given the unique New Zealand banking market structure, Deutsche Bank analysts say
13th Mar 19, 5:00am
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
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
22nd Feb 19, 11:02am
CEO Steve Jurkovich says Kiwibank's in no hurry to enter the rural or corporate banking markets, focusing instead on the 'big opportunity' with SMEs
CEO Steve Jurkovich says Kiwibank's in no hurry to enter the rural or corporate banking markets, focusing instead on the 'big opportunity' with SMEs
22nd Feb 19, 11:02am
21st Feb 19, 12:35pm
Kiwibank CEO Steve Jurkovich says RBNZ proposal to level capital playing field between the big 4 banks and the rest makes a lot of sense
Kiwibank CEO Steve Jurkovich says RBNZ proposal to level capital playing field between the big 4 banks and the rest makes a lot of sense
21st Feb 19, 12:35pm
[Updated]
20th Feb 19, 9:48am
Kiwibank half-year profit bounces back, CEO Steve Jurkovich highlights focus on improving cost-to-income ratio
[Updated]
Kiwibank half-year profit bounces back, CEO Steve Jurkovich highlights focus on improving cost-to-income ratio
20th Feb 19, 9:48am

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