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Bank profits

BNZ September quarter profit tumbles, residential mortgage growth behind only ANZ and ASB, but is outstripped by business lending growth
14th Dec 12, 4:02pm
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BNZ September quarter profit tumbles, residential mortgage growth behind only ANZ and ASB, but is outstripped by business lending growth
New Reserve Bank Governor Graeme Wheeler misled Parliament on bank profits, Green Party claims
4th Dec 12, 9:30am
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New Reserve Bank Governor Graeme Wheeler misled Parliament on bank profits, Green Party claims
Kiwibank posts big rise in first quarter profit as impairments on loans tumble, grows home loans by NZ$171 million
29th Nov 12, 4:21pm
Kiwibank posts big rise in first quarter profit as impairments on loans tumble, grows home loans by NZ$171 million
ASB, the only big bank whose residential mortgage book contracted in the June quarter, grows by NZ$318 mln in September quarter
23rd Nov 12, 11:05am
ASB, the only big bank whose residential mortgage book contracted in the June quarter, grows by NZ$318 mln in September quarter
Rabobank NZ gets NZ$110 mln capital boost ahead of Basel III, September quarter profit up 30%
21st Nov 12, 4:03pm
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Rabobank NZ gets NZ$110 mln capital boost ahead of Basel III, September quarter profit up 30%
Bank lobby group says NZ bank profits in the middle of the pack when compared with major listed companies
21st Nov 12, 1:49pm
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Bank lobby group says NZ bank profits in the middle of the pack when compared with major listed companies
BNZ CEO Andrew Thorburn defends bank profitability, says BNZ's return on assets would be 'unsustainably low' in other industries
19th Nov 12, 4:01pm
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BNZ CEO Andrew Thorburn defends bank profitability, says BNZ's return on assets would be 'unsustainably low' in other industries
Australasia's big 4 banks will have up to A$2.5 bln of surplus capital each by 2014, Deutsche Bank analysts say
15th Nov 12, 4:11pm
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Australasia's big 4 banks will have up to A$2.5 bln of surplus capital each by 2014, Deutsche Bank analysts say
Banks gouging rural customers, National Wairarapa MP Hayes tells Finance Minister English; English tells customers to shop around for lower rates
14th Nov 12, 4:51pm
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Banks gouging rural customers, National Wairarapa MP Hayes tells Finance Minister English; English tells customers to shop around for lower rates
Return on equity from NZ's big 4 banks easily tops that of their parents with an average of 18.9% as Westpac's Gail Kelly draws 'line in the sand' at 15%
12th Nov 12, 4:08pm
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Return on equity from NZ's big 4 banks easily tops that of their parents with an average of 18.9% as Westpac's Gail Kelly draws 'line in the sand' at 15%
Opinion: Why New Zealanders should be able to buy shares in their banks without having to invest in the Aussie parents
12th Nov 12, 2:12pm
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Opinion: Why New Zealanders should be able to buy shares in their banks without having to invest in the Aussie parents
Opinion: NZ's big four banks increased their combined annual profit by NZ$335 mln meaning it's still a good time to haggle with your bank
8th Nov 12, 4:50pm
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Opinion: NZ's big four banks increased their combined annual profit by NZ$335 mln meaning it's still a good time to haggle with your bank
New Zealanders are more loyal to banks than Australians, Westpac NZ CEO Peter Clare says
6th Nov 12, 4:30pm
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New Zealanders are more loyal to banks than Australians, Westpac NZ CEO Peter Clare says
Westpac annual cash earnings jump 22% to record high of NZ$707 mln
5th Nov 12, 10:16am
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Westpac annual cash earnings jump 22% to record high of NZ$707 mln
BNZ records NZ$741 mln annual profit up 21% year-on-year, although second-half profit fell from first-half
31st Oct 12, 10:18am
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BNZ records NZ$741 mln annual profit up 21% year-on-year, although second-half profit fell from first-half
ANZ says it's number one in the Auckland mortgage market with marketshare up since end of National Bank brand announced
26th Oct 12, 4:20pm
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ANZ says it's number one in the Auckland mortgage market with marketshare up since end of National Bank brand announced
ANZ NZ posts record annual profit for 2nd straight year
25th Oct 12, 10:10am
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ANZ NZ posts record annual profit for 2nd straight year
Big four banks on target for record annual combined cash profits again although their growth rate is slowing
18th Oct 12, 4:16pm
Big four banks on target for record annual combined cash profits again although their growth rate is slowing
How tax benefits from Westpac's St George acquisition have helped it pay out a bigger portion of profit in dividends than its rivals
13th Oct 12, 10:00am
How tax benefits from Westpac's St George acquisition have helped it pay out a bigger portion of profit in dividends than its rivals
Reserve Bank needs to promote banking competition after big 4 made more profit in 4yrs after crisis than before it, Green Party says; Want Kiwibank capital injection
5th Oct 12, 9:39am
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Reserve Bank needs to promote banking competition after big 4 made more profit in 4yrs after crisis than before it, Green Party says; Want Kiwibank capital injection
As analyst frustration mounts at bank 'cash profit' reporting, the RBNZ points to FMA guidelines as a key factor for NZ banks to heed
4th Oct 12, 4:34pm
As analyst frustration mounts at bank 'cash profit' reporting, the RBNZ points to FMA guidelines as a key factor for NZ banks to heed
Banking analysts outline how they believe the big banks have been overstating their profits, enabling the over paying of dividends and erroneous benchmarking of executive bonuses
24th Sep 12, 4:27pm
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Banking analysts outline how they believe the big banks have been overstating their profits, enabling the over paying of dividends and erroneous benchmarking of executive bonuses
Smaller banks record strong June quarter profit growth but find housing loan growth hard to come by
6th Sep 12, 4:17pm
Smaller banks record strong June quarter profit growth but find housing loan growth hard to come by
Westpac NZ grows home loans NZ$326 mln in June quarter; A bigger bank on track for record annual profit
3rd Sep 12, 4:10pm
Westpac NZ grows home loans NZ$326 mln in June quarter; A bigger bank on track for record annual profit
NZ's major banks well positioned to deal with anything that's thrown at them, PwC says, with margins giving a buffer for head on mortgage competition
31st Aug 12, 12:03pm
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NZ's major banks well positioned to deal with anything that's thrown at them, PwC says, with margins giving a buffer for head on mortgage competition