1st Sep 20, 9:17am
UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
[Updated]
12th Aug 20, 10:36am
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
[Updated]
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
[Updated]
12th Feb 20, 10:20am
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
[Updated]
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
[Updated]
7th Nov 19, 10:26am
BNZ September year profit drops $7 million as expenses increase at more than twice the pace of income and loan impairments rise
[Updated]
BNZ September year profit drops $7 million as expenses increase at more than twice the pace of income and loan impairments rise
[Updated]
31st Oct 19, 9:51am
ANZ NZ annual profit falls 8% from last year's record high with costs up 5% and income up 3% as credit impairments rise
[Updated]
ANZ NZ annual profit falls 8% from last year's record high with costs up 5% and income up 3% as credit impairments rise
16th Aug 19, 9:25am
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
[Updated]
2nd May 19, 10:35am
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
[Updated]
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
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
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
[Updated]
24th Aug 18, 10:24am
Kiwibank annual profit rebounds after last year's IT hit as net interest margin rises, disharmony between shareholders 'over a historical issue' bubbles to surface
[Updated]
Kiwibank annual profit rebounds after last year's IT hit as net interest margin rises, disharmony between shareholders 'over a historical issue' bubbles to surface
22nd May 17, 4:18pm
BNZ March quarter profit slides 26% as expenses grow 4% and operating income falls 16%, breaches banking registration
BNZ March quarter profit slides 26% as expenses grow 4% and operating income falls 16%, breaches banking registration
30th Nov 16, 9:58am
Kiwibank delivers slow September quarter as NZ Super Fund, ACC completed buy-in. Hastings office comes to fore after earthquake
Kiwibank delivers slow September quarter as NZ Super Fund, ACC completed buy-in. Hastings office comes to fore after earthquake
18th Nov 16, 12:54pm
Strong September quarter, albeit with significant net interest margin fall, has Heartland Bank reaffirming forecast for annual profit rise of up to 11%
Strong September quarter, albeit with significant net interest margin fall, has Heartland Bank reaffirming forecast for annual profit rise of up to 11%
16th Nov 16, 10:05am
ASB delivers strong September quarter as home loan growth surges, although asset quality deteriorates
ASB delivers strong September quarter as home loan growth surges, although asset quality deteriorates
8th Aug 16, 9:48am
It is not home owners who suffer when banks divert OCR cuts to protect their profit margins, it is small business and farmers who pay the costs. We describe bank funding motivations
It is not home owners who suffer when banks divert OCR cuts to protect their profit margins, it is small business and farmers who pay the costs. We describe bank funding motivations
22nd May 16, 9:05am
The difference between the lowest and highest mortgage rates are now at their widest of the year. The pressure builds on banks who haven't responded
The difference between the lowest and highest mortgage rates are now at their widest of the year. The pressure builds on banks who haven't responded
18th Feb 16, 4:19pm
CFO Antonia Watson says ANZ NZ is seeing across the board increases in wholesale funding costs
CFO Antonia Watson says ANZ NZ is seeing across the board increases in wholesale funding costs
13th Aug 15, 4:01pm
ASB could slow the dividend tap if it needed to bolster its Common Equity Tier 1 capital, CEO says
ASB could slow the dividend tap if it needed to bolster its Common Equity Tier 1 capital, CEO says
12th Feb 14, 10:54am
ASB half-year net profit after tax rises 14% to a record high of NZ$416 mln
ASB half-year net profit after tax rises 14% to a record high of NZ$416 mln
9th May 13, 10:50am
BNZ interim net profit after tax drops 15% to NZ$298 mln as expenses and impairments rise
BNZ interim net profit after tax drops 15% to NZ$298 mln as expenses and impairments rise
28th Sep 11, 5:01pm
Opinion: Sarah Mehrtens explains why we should be happy with the current level of bank profits
Opinion: Sarah Mehrtens explains why we should be happy with the current level of bank profits
