Bank profits
BNZ CEO Andrew Thorburn says banks likely to hike floating mortgage rates even if the OCR stays at 2.5% for an extended period because of 'decoupling'
28th Oct 11, 3:01pm
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BNZ CEO Andrew Thorburn says banks likely to hike floating mortgage rates even if the OCR stays at 2.5% for an extended period because of 'decoupling'
BNZ annual cash earnings rise 17% to NZ$612 mln as its home loan market share grows
27th Oct 11, 10:27am
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BNZ annual cash earnings rise 17% to NZ$612 mln as its home loan market share grows
Continued margin improvement from customer switch to floating mortgages from fixed-term interest rates expected in bank financial results
27th Oct 11, 10:02am
Continued margin improvement from customer switch to floating mortgages from fixed-term interest rates expected in bank financial results
JPMorgan Chase makes NZ$14 mln half-year profit, double Kiwibank's, and now has nearly NZ$900 mln of assets in NZ
30th Sep 11, 3:53pm
JPMorgan Chase makes NZ$14 mln half-year profit, double Kiwibank's, and now has nearly NZ$900 mln of assets in NZ
Excluding last year's one-off tax hit, TSB Bank June quarter profit fell 7% on rising expenses and impairments
29th Aug 11, 4:19pm
Excluding last year's one-off tax hit, TSB Bank June quarter profit fell 7% on rising expenses and impairments
Kiwibank annual profit more than halves to NZ$21.2 mln as provisions for bad loans soar more than four-fold to NZ$87.1 mln
25th Aug 11, 10:00am
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Kiwibank annual profit more than halves to NZ$21.2 mln as provisions for bad loans soar more than four-fold to NZ$87.1 mln
ANZ on track for record annual underlying profit, topping 2007 despite lending contracting
22nd Aug 11, 3:51pm
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ANZ on track for record annual underlying profit, topping 2007 despite lending contracting
Opinion: Bernard Hickey argues NZ bank profits are too high and both customers and regulators should force margins lower. Your view?
21st Aug 11, 8:35am
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Opinion: Bernard Hickey argues NZ bank profits are too high and both customers and regulators should force margins lower. Your view?
Bad business loans eat into Westpac NZ June quarter profit as non-housing lending growth outstrips home loan growth
17th Aug 11, 4:32pm
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Bad business loans eat into Westpac NZ June quarter profit as non-housing lending growth outstrips home loan growth
Royal Bank of Scotland analysts predict revenue growth at Kiwi subsidiary banks to outperform Aussie parents
16th Aug 11, 4:11pm
Royal Bank of Scotland analysts predict revenue growth at Kiwi subsidiary banks to outperform Aussie parents
Westpac NZ grows lending faster than industry wide rate in June quarter with mortgage delinquencies down
16th Aug 11, 11:07am
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Westpac NZ grows lending faster than industry wide rate in June quarter with mortgage delinquencies down
Opinion: Time to question bank home loan margins as record ASB profit highlights sector's remarkable resilience in tough times
15th Aug 11, 4:18pm
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Opinion: Time to question bank home loan margins as record ASB profit highlights sector's remarkable resilience in tough times
ASB CEO Barbara Chapman sees some demand for credit, says CBA happy with ASB's 17.2% return on equity
11th Aug 11, 4:06pm
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ASB CEO Barbara Chapman sees some demand for credit, says CBA happy with ASB's 17.2% return on equity
Big fall in impairment charges and rise in interest margins boosts ASB's annual cash profit by NZ$150 million to NZ$504 million
10th Aug 11, 10:50am
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Big fall in impairment charges and rise in interest margins boosts ASB's annual cash profit by NZ$150 million to NZ$504 million
Australian parent says BNZ customer switch from fixed to floating rate mortgages continues to support margins
9th Aug 11, 11:11am
Australian parent says BNZ customer switch from fixed to floating rate mortgages continues to support margins
Reserve Bank Governor Alan Bollard warns Aussie banks to accept lower profits from New Zealand subsidiaries
6th Aug 11, 10:35am
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Reserve Bank Governor Alan Bollard warns Aussie banks to accept lower profits from New Zealand subsidiaries
PricewaterhouseCoopers says mortgage market competition among the major banks likely to heat up as rates rise
5th Aug 11, 1:56pm
PricewaterhouseCoopers says mortgage market competition among the major banks likely to heat up as rates rise
ASB 'poised and ready to grow when its customers are' says new CEO Barbara Chapman
8th Jun 11, 4:13pm
ASB 'poised and ready to grow when its customers are' says new CEO Barbara Chapman
TSB Bank grows lending, but retail deposit battle takes toll on its net interest margins
27th May 11, 9:26am
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TSB Bank grows lending, but retail deposit battle takes toll on its net interest margins
ASB March quarter profit rises 25% to NZ$132 million despite lending contracting
24th May 11, 4:15pm
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ASB March quarter profit rises 25% to NZ$132 million despite lending contracting
Westpac NZ continues to struggle to grow lending, but still lifts March quarter profit by 30%
18th May 11, 4:35pm
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Westpac NZ continues to struggle to grow lending, but still lifts March quarter profit by 30%
Aussie parent says ASB had good income growth and stronger margins in the third quarter
11th May 11, 11:50am
Aussie parent says ASB had good income growth and stronger margins in the third quarter
Opinion: Desperation creeps in as banks plead for the punters to start borrowing again
9th May 11, 4:30pm
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Opinion: Desperation creeps in as banks plead for the punters to start borrowing again
BNZ's 1 bln euro covered bond issue hits its net interest margin with lending growth weak; wants to lend more to reluctant customers
6th May 11, 4:27pm
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BNZ's 1 bln euro covered bond issue hits its net interest margin with lending growth weak; wants to lend more to reluctant customers
BNZ sets aside NZ$60 million to cover credit losses from the Christchurch earthquakes
5th May 11, 10:20am
BNZ sets aside NZ$60 million to cover credit losses from the Christchurch earthquakes