Net interest margins
Profitability took a hit across the big five banks in the June quarter despite all five growing lending
Profitability took a hit across the big five banks in the June quarter despite all five growing lending
[updated]
Kiwibank CEO Steve Jurkovich says ANZ NZ has been 'very competitive' in mortgage market, notes bank mergers 'quite tricky' to pull off
Kiwibank CEO Steve Jurkovich says ANZ NZ has been 'very competitive' in mortgage market, notes bank mergers 'quite tricky' to pull off
[updated]
TSB Chairman Mark Darrow says bank's proposed sale to Heartland Group 'would accelerate the future pathway for TSB'
TSB Chairman Mark Darrow says bank's proposed sale to Heartland Group 'would accelerate the future pathway for TSB'
[updated]
CEO Antonia Watson concerned 'geopolitical headwinds may curtail momentum' in the 2nd half of ANZ NZ's financial year
CEO Antonia Watson concerned 'geopolitical headwinds may curtail momentum' in the 2nd half of ANZ NZ's financial year
[updated]
Kiwibank 'well positioned' CEO says, after half-year profit rise despite lower net interest margin
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Kiwibank 'well positioned' CEO says, after half-year profit rise despite lower net interest margin
Recent major bank financial reporting seen as better than expected by analysts
Recent major bank financial reporting seen as better than expected by analysts
[updated]
ASB CEO sees 'more confidence in the economy' as rising costs hold down half-year profit increase despite net interest margin rise
ASB CEO sees 'more confidence in the economy' as rising costs hold down half-year profit increase despite net interest margin rise
[updated]
ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin
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ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin
[updated]
BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster
BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster
[updated]
Financial Markets Authority says Kiwibank overcharged thousands of customers a total of close to $1 million between 2011 and 2024
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Financial Markets Authority says Kiwibank overcharged thousands of customers a total of close to $1 million between 2011 and 2024
To understand bank profitability, it helps to understand the net interest margin. Banks are commodity businesses and small margin movements make a big difference. Big is always better in any commodity business
1
To understand bank profitability, it helps to understand the net interest margin. Banks are commodity businesses and small margin movements make a big difference. Big is always better in any commodity business
Kiwibank poses risk to the returns from the big four Aussie banks' NZ subsidiaries, analysts say
Kiwibank poses risk to the returns from the big four Aussie banks' NZ subsidiaries, analysts say
[updated]
BNZ posts 4% rise in interim profit as it writes back loan impairments
BNZ posts 4% rise in interim profit as it writes back loan impairments
[updated]
Westpac NZ ekes out half-year profit rise, with CEO saying it's 'competing hard to grow'
Westpac NZ ekes out half-year profit rise, with CEO saying it's 'competing hard to grow'
Citi analysts say while antipodean banks may not be in the tariff/trade war front line, they'll still feel an impact
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Citi analysts say while antipodean banks may not be in the tariff/trade war front line, they'll still feel an impact