sign up log in
Want to go ad-free? Find out how, here.

Bank profits

New Zealand's big four banks deliver strong March quarter return on equity as profit surges, ANZ cuts dividend
4th Jun 19, 9:48am
New Zealand's big four banks deliver strong March quarter return on equity as profit surges, ANZ cuts dividend
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
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
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
5
Westpac NZ half-year profit rises 15% to record high boosted by sale of Paymark stake, solid income growth and drop in bad debts
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
1
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
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
9
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
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
42
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
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
by admin
1
Fitch says big 4 NZ banks' strong operating profitability relative to international peers likely to continue, supported by strong franchises and pricing power
Rabobank NZ 'committed to ensuring its governance and management frameworks remain appropriate and consistent with regulator expectations and requirements'
1st Apr 19, 12:15pm
Rabobank NZ 'committed to ensuring its governance and management frameworks remain appropriate and consistent with regulator expectations and requirements'
RBNZ bank capital proposals appear quite sensible given the unique New Zealand banking market structure, Deutsche Bank analysts say
13th Mar 19, 5:00am
11
RBNZ bank capital proposals appear quite sensible given the unique New Zealand banking market structure, Deutsche Bank analysts say
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
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
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
5
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
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
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 half-year profit bounces back, CEO Steve Jurkovich highlights focus on improving cost-to-income ratio
20th Feb 19, 9:48am
3
Kiwibank half-year profit bounces back, CEO Steve Jurkovich highlights focus on improving cost-to-income ratio
Governor Adrian Orr says the RBNZ's proposals to increase banks' capital come from the perspective of society's risk appetite, not banks' risk appetite
18th Feb 19, 1:02pm
53
Governor Adrian Orr says the RBNZ's proposals to increase banks' capital come from the perspective of society's risk appetite, not banks' risk appetite
New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever
13th Feb 19, 9:36am
New Zealand banks are making hay while the sun shines but KPMG argues they're heading into some of their most challenging times ever
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
8th Feb 19, 11:17am
ASB CEO Vittoria Shortt says 'huge agenda' of potential regulatory change could lead to price changes for bank customers & credit rationing
Analysts suggest ASB's parent CBA, expected to need more capital to meet new RBNZ requirements, will splash out A$3.5b in share buyback
30th Jan 19, 3:53pm
Analysts suggest ASB's parent CBA, expected to need more capital to meet new RBNZ requirements, will splash out A$3.5b in share buyback
ASB forced to follow parent Commonwealth Bank of Australia and release its interim financial results on Waitangi Day
29th Jan 19, 5:00am
ASB forced to follow parent Commonwealth Bank of Australia and release its interim financial results on Waitangi Day
As Shane Jones pushes for a bank levy to support regional NZ banking services, ACCC report says Aussie bank levy costs not being passed on to mortgage borrowers
13th Dec 18, 10:38am
As Shane Jones pushes for a bank levy to support regional NZ banking services, ACCC report says Aussie bank levy costs not being passed on to mortgage borrowers
New Zealand's Australian owned banks paid the equivalent of 66% of their $5.128 billion annual profit in dividends to their parents
13th Dec 18, 10:03am
New Zealand's Australian owned banks paid the equivalent of 66% of their $5.128 billion annual profit in dividends to their parents
The New Zealand finance company ANZ has strenuously tried to sell keeps producing the goods; after tax profit rises 6% to $65.3 million
12th Dec 18, 4:10pm
The New Zealand finance company ANZ has strenuously tried to sell keeps producing the goods; after tax profit rises 6% to $65.3 million
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
4th Dec 18, 3:30pm
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
New Zealand's big four banks continue world-class profitability across a range of key measures
27th Nov 18, 5:32pm
1
New Zealand's big four banks continue world-class profitability across a range of key measures
Bank of China's now been open for business in NZ for four years and wants to 'continue to leverage' its cross-border advantages to promote bilateral economic and trade cooperation
22nd Nov 18, 1:57pm
2
Bank of China's now been open for business in NZ for four years and wants to 'continue to leverage' its cross-border advantages to promote bilateral economic and trade cooperation
ANZ NZ September quarter return on equity bounces and net interest margin dips as profit rises 5%
20th Nov 18, 12:49pm
1
ANZ NZ September quarter return on equity bounces and net interest margin dips as profit rises 5%