Bank profits
The Reserve Bank will lift all restrictions on retail banks in NZ paying shareholders dividends from July
2nd Jun 22, 9:32am
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The Reserve Bank will lift all restrictions on retail banks in NZ paying shareholders dividends from July
ANZ's big profit, BNZ's super low cost to income ratio, and milestones for ANZ & ASB's mortgage books features of the big five banks' March quarter
1st Jun 22, 9:18am
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ANZ's big profit, BNZ's super low cost to income ratio, and milestones for ANZ & ASB's mortgage books features of the big five banks' March quarter
Westpac NZ CEO Catherine McGrath says level of engagement and discussion with RBNZ now 'really good' after bank copped serves from the regulator last year
10th May 22, 9:48am
Westpac NZ CEO Catherine McGrath says level of engagement and discussion with RBNZ now 'really good' after bank copped serves from the regulator last year
[updated]
Westpac NZ interim profit falls 5% with net interest margin down eight basis points
9th May 22, 9:58am
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Westpac NZ interim profit falls 5% with net interest margin down eight basis points
[updated]
Half-year profit increases to $709 million for BNZ as income grows and expenses fall
5th May 22, 10:29am
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Half-year profit increases to $709 million for BNZ as income grows and expenses fall
[updated]
Record half-year profit for ANZ NZ as it grows its share of the home loan market. Aussie parent eyes group restructure
4th May 22, 10:02am
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Record half-year profit for ANZ NZ as it grows its share of the home loan market. Aussie parent eyes group restructure
Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says
13th Apr 22, 9:30am
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Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says
Big Australasian banks' net interest margins set for a boost from Aussie cash rate increases, Citi says
12th Apr 22, 9:28am
Big Australasian banks' net interest margins set for a boost from Aussie cash rate increases, Citi says
Rabobank keen to grow via new lending to farmers and businesses in NZ's food and agribusiness supply chain
30th Mar 22, 9:27am
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Rabobank keen to grow via new lending to farmers and businesses in NZ's food and agribusiness supply chain
KPMG's annual Financial Institutions Performance Survey probes why banks got their Covid-19 loan provisioning so wrong
9th Mar 22, 10:34am
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KPMG's annual Financial Institutions Performance Survey probes why banks got their Covid-19 loan provisioning so wrong
Major banks record $207 million increase in combined quarterly profit, however other key profitability measures little changed
7th Mar 22, 9:34am
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Major banks record $207 million increase in combined quarterly profit, however other key profitability measures little changed
Kiwibank sees total lending growth of $1.9 bln for the half-year, up 20%, driven by the strong housing market and solid demand
24th Feb 22, 9:09am
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Kiwibank sees total lending growth of $1.9 bln for the half-year, up 20%, driven by the strong housing market and solid demand
Heartland Group Holdings posts 8% interim profit rise, eyes growth in home loan market
22nd Feb 22, 10:23am
Heartland Group Holdings posts 8% interim profit rise, eyes growth in home loan market
ASB's Vittoria Shortt sees 'clear' impact from credit contracts & consumer finance law changes, says there's no moral attachment to lending decisions
10th Feb 22, 8:12am
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ASB's Vittoria Shortt sees 'clear' impact from credit contracts & consumer finance law changes, says there's no moral attachment to lending decisions
ASB half-year profit jumps 23% helped by lending and income growth and some loan provision write-backs, pays $650m dividend
9th Feb 22, 10:18am
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ASB half-year profit jumps 23% helped by lending and income growth and some loan provision write-backs, pays $650m dividend
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
29th Nov 21, 12:06pm
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
Gareth Vaughan mulls whether our banks' strong profits in a time of Covid-19 induced upheaval warrant a one-off Covid tax
14th Nov 21, 6:00am
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Gareth Vaughan mulls whether our banks' strong profits in a time of Covid-19 induced upheaval warrant a one-off Covid tax
New BNZ CEO Dan Huggins says the bank continues striving to raise its home loan market share to align it with the bank's share of business lending
10th Nov 21, 3:25pm
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New BNZ CEO Dan Huggins says the bank continues striving to raise its home loan market share to align it with the bank's share of business lending
BNZ posts 74% surge in annual profit to $1.322 billion as income jumps 14% and expenses tumble 9%; Big 4 banks' combined annual profit reaches $5.493 billion
9th Nov 21, 10:27am
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BNZ posts 74% surge in annual profit to $1.322 billion as income jumps 14% and expenses tumble 9%; Big 4 banks' combined annual profit reaches $5.493 billion
ANZ NZ, ASB, BNZ and Westpac NZ set to post record combined annual profit as the Reserve Bank talks up reduced levels of market concentration
6th Nov 21, 9:45am
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ANZ NZ, ASB, BNZ and Westpac NZ set to post record combined annual profit as the Reserve Bank talks up reduced levels of market concentration
Westpac NZ annual profit bounces back after major reversal in loan impairments
1st Nov 21, 10:23am
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Westpac NZ annual profit bounces back after major reversal in loan impairments
Jarden analysts point out ANZ's greater exposure to NZ than its Aussie rivals mean it's likely to benefit more from rising NZ interest rates, possibly at the expense of depositors
1st Nov 21, 9:19am
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Jarden analysts point out ANZ's greater exposure to NZ than its Aussie rivals mean it's likely to benefit more from rising NZ interest rates, possibly at the expense of depositors
CEO Antonia Watson says 'the confidence dial' needs to shift from home loan borrowers to business & agriculture borrowers to reverse the rise of housing lending as a percentage of ANZ NZ's total lending
29th Oct 21, 2:07pm
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CEO Antonia Watson says 'the confidence dial' needs to shift from home loan borrowers to business & agriculture borrowers to reverse the rise of housing lending as a percentage of ANZ NZ's total lending
Adrian Orr affirms the RBNZ's tightening bias while calling on financial institutions to use their balance sheets to support NZ's economic recovery
29th Oct 21, 9:58am
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Adrian Orr affirms the RBNZ's tightening bias while calling on financial institutions to use their balance sheets to support NZ's economic recovery
ANZ NZ's annual profit pushes above $1.9 billion helped by strong housing lending and lower loan provisions; 70% of total lending now housing lending
28th Oct 21, 10:03am
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ANZ NZ's annual profit pushes above $1.9 billion helped by strong housing lending and lower loan provisions; 70% of total lending now housing lending