Bank profits
Rising income, falling impairments and flat expenses push third quarter BNZ profit 34% higher to NZ$176 million
23rd Aug 12, 4:10pm
Rising income, falling impairments and flat expenses push third quarter BNZ profit 34% higher to NZ$176 million
ANZ NZ annual dividend may hit NZ$1 bln for first time in three years
22nd Aug 12, 4:04pm
ANZ NZ annual dividend may hit NZ$1 bln for first time in three years
Kiwibank annual profit surges 276% to record high of NZ$79.1 mln on higher net interest income and falls in expenses and impairment allowances
22nd Aug 12, 10:01am
10
Kiwibank annual profit surges 276% to record high of NZ$79.1 mln on higher net interest income and falls in expenses and impairment allowances
ANZ NZ lifts lending by more than NZ$1 bln in June quarter, led by home loans, with quarterly profit up 36%
20th Aug 12, 11:32am
1
ANZ NZ lifts lending by more than NZ$1 bln in June quarter, led by home loans, with quarterly profit up 36%
ANZ group CEO says NZ lending up 1.4% in 9 months to June with deposit growth up 6.9%; Touts retail market share gain
17th Aug 12, 10:11am
5
ANZ group CEO says NZ lending up 1.4% in 9 months to June with deposit growth up 6.9%; Touts retail market share gain
ASB boss picks stronger asset growth ahead as bank seeks to boost share of residential mortgage market
16th Aug 12, 4:09pm
1
ASB boss picks stronger asset growth ahead as bank seeks to boost share of residential mortgage market
The safer banks are, the more expensive borrowing from them should be, says senior executive at BNZ's parent National Australia Bank
15th Aug 12, 4:19pm
17
The safer banks are, the more expensive borrowing from them should be, says senior executive at BNZ's parent National Australia Bank
ASB posts 21% rise in annual profit to NZ$685 million despite just a 1.2% rise in lending
15th Aug 12, 11:27am
10
ASB posts 21% rise in annual profit to NZ$685 million despite just a 1.2% rise in lending
ASB annual results to show whether borrowers' switching back to fixed mortgages from floating loans is hitting banks' bottom lines
14th Aug 12, 4:17pm
1
ASB annual results to show whether borrowers' switching back to fixed mortgages from floating loans is hitting banks' bottom lines
Bad and doubtful debts on business loans hit BNZ's third quarter earnings as parent NAB's cash earnings hold steady
14th Aug 12, 11:17am
2
Bad and doubtful debts on business loans hit BNZ's third quarter earnings as parent NAB's cash earnings hold steady
Most senior ASB managers won't get a salary rise as parent Commonwealth Bank of Australia imposes freeze
19th Jul 12, 4:10pm
9
Most senior ASB managers won't get a salary rise as parent Commonwealth Bank of Australia imposes freeze
How ASB's parent CBA and the ANZ Group could maintain dividends even in a 1-in-30 year GDP 'shock scenario'
18th Jul 12, 4:05pm
14
How ASB's parent CBA and the ANZ Group could maintain dividends even in a 1-in-30 year GDP 'shock scenario'
Bank of Tokyo-Mitsubishi grows annual lending to NZ corporates 23%, on top of last year's 30% growth, as it targets major NZ companies
12th Jul 12, 4:17pm
Bank of Tokyo-Mitsubishi grows annual lending to NZ corporates 23%, on top of last year's 30% growth, as it targets major NZ companies
Massey University's David Tripe teams with Czechs to study foreign bank ownership
10th Jul 12, 2:03pm
5
Massey University's David Tripe teams with Czechs to study foreign bank ownership
SBS Bank CEO hits out at "larger banks" discounting interest rates and incentives for new customers "at the expense" of existing customers as annual profit falls
27th Jun 12, 12:05pm
9
SBS Bank CEO hits out at "larger banks" discounting interest rates and incentives for new customers "at the expense" of existing customers as annual profit falls
New Zealand's big four banks are the developed world's most profitable, ahead even of their Australian parents
26th Jun 12, 4:23pm
22
New Zealand's big four banks are the developed world's most profitable, ahead even of their Australian parents
Big drop in quarterly profit at key Treasury SOE float adviser Deutsche Bank
NZ current account deficit widens to 4.8% of GDP in yr to March 2012 on record Aussie bank profits; From 3.7% of GDP in yr to March 2011 and vs economist expectations of 4.6%
20th Jun 12, 10:58am
26
NZ current account deficit widens to 4.8% of GDP in yr to March 2012 on record Aussie bank profits; From 3.7% of GDP in yr to March 2011 and vs economist expectations of 4.6%
The Co-operative Bank appoints former Westpac NZ acting CEO Bruce McLachlan CEO and reports fall in annual profit
20th Jun 12, 9:48am
The Co-operative Bank appoints former Westpac NZ acting CEO Bruce McLachlan CEO and reports fall in annual profit
Kiwibank closes in on record annual profit after strong March quarter
TSB Bank reports 10% rise in annual profit before tax with deposits up 6% and lending up 4%
1st Jun 12, 4:03pm
TSB Bank reports 10% rise in annual profit before tax with deposits up 6% and lending up 4%
ASB's parent Commonwealth Bank of Australia says NZ unit maintained strong operating income in March quarter
17th May 12, 11:39am
ASB's parent Commonwealth Bank of Australia says NZ unit maintained strong operating income in March quarter
BNZ the NZ bank with the highest annual profit per employee at about NZ$155,284, followed by ASB, ANZ and Westpac
16th May 12, 5:01pm
2
BNZ the NZ bank with the highest annual profit per employee at about NZ$155,284, followed by ASB, ANZ and Westpac
BNZ CEO Andrew Thorburn sees net interest margins at a 'sustainable' level between 2.30% and 2.45% over the long-term
11th May 12, 5:01pm
5
BNZ CEO Andrew Thorburn sees net interest margins at a 'sustainable' level between 2.30% and 2.45% over the long-term
BNZ posts 36% rise in interim cash earnings to NZ$385 mln with net interest margins up 17 basis points to 2.41%
10th May 12, 10:19am
6
BNZ posts 36% rise in interim cash earnings to NZ$385 mln with net interest margins up 17 basis points to 2.41%