Bank profits
Housing lending as a percentage of New Zealand banks' total lending reaches 70%, KPMG's annual FIPS shows
13th Mar 24, 3:16pm
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Housing lending as a percentage of New Zealand banks' total lending reaches 70%, KPMG's annual FIPS shows
Profit at New Zealand's biggest bank fell 22% in the December quarter as non-performing loans rose above $1 billion
1st Mar 24, 9:12am
Profit at New Zealand's biggest bank fell 22% in the December quarter as non-performing loans rose above $1 billion
Heartland Group engaged in 'labour intensive' regulatory approval process with the RBNZ & APRA for Challenger Bank
28th Feb 24, 9:30am
Heartland Group engaged in 'labour intensive' regulatory approval process with the RBNZ & APRA for Challenger Bank
[updated]
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
22nd Feb 24, 9:39am
5
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
[updated]
ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
15th Feb 24, 5:17pm
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ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
[updated]
Falling net interest margin and rising costs push ASB half-year profit lower
14th Feb 24, 10:29am
12
Falling net interest margin and rising costs push ASB half-year profit lower
Big four New Zealand banks' combined annual dividends fall even though profit rose
30th Nov 23, 7:19am
Big four New Zealand banks' combined annual dividends fall even though profit rose
Half-year profit falls for TSB as revenue drops and loan impairments rise
29th Nov 23, 9:51am
Half-year profit falls for TSB as revenue drops and loan impairments rise
Loan books decline in the September quarter at two of the country's major banks, while the others record growth
28th Nov 23, 9:26am
Loan books decline in the September quarter at two of the country's major banks, while the others record growth
'Limited appeal in the sector,' Macquarie equity analysis says of the big four Australasian banks
22nd Nov 23, 9:41am
'Limited appeal in the sector,' Macquarie equity analysis says of the big four Australasian banks
ANZ NZ financial results 'balanced very fairly across our customers and our shareholders,' CEO Antonia Watson says
14th Nov 23, 1:59pm
6
ANZ NZ financial results 'balanced very fairly across our customers and our shareholders,' CEO Antonia Watson says
[updated]
ANZ NZ annual profit holds above $2b despite higher loan impairments, CEO expects more stress among businesses & mortgage holders
13th Nov 23, 10:16am
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ANZ NZ annual profit holds above $2b despite higher loan impairments, CEO expects more stress among businesses & mortgage holders
CEO Dan Huggins says BNZ's home loan and deposit market share growth suggests its customers are happy, as annual profit & net interest margin surge
11th Nov 23, 9:15am
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CEO Dan Huggins says BNZ's home loan and deposit market share growth suggests its customers are happy, as annual profit & net interest margin surge
[updated]
BNZ annual profit tops $1.5 billion led by increase in net interest income
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
7th Nov 23, 9:16am
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
[updated]
Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
6th Nov 23, 10:27am
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Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
Citi analysts question loan provision levels being held by Australasia's big 4 banks, saying 'we expect the auditors would have some probing questions'
31st Oct 23, 9:21am
Citi analysts question loan provision levels being held by Australasia's big 4 banks, saying 'we expect the auditors would have some probing questions'
Morgan Stanley analysts give their share buyback and dividend outlook ahead of big bank reporting season
27th Oct 23, 9:09am
Morgan Stanley analysts give their share buyback and dividend outlook ahead of big bank reporting season
KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
27th Sep 23, 9:51am
1
KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
[updated]
Heartland Group Holdings sets cost to income ratio 'ambition' as it seeks to boost return on equity
30th Aug 23, 9:08am
Heartland Group Holdings sets cost to income ratio 'ambition' as it seeks to boost return on equity
[updated]
Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double
24th Aug 23, 8:53am
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Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double
Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
10th Aug 23, 10:52am
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Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
Past due & impaired loans on the rise at ASB as Aussie parent CBA highlights NZ mortgage impairments
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
10th Aug 23, 10:09am
3
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
[updated]
ASB June-year profit reaches $1.559 billion as net interest margin rises
Why Treasury told the Government it could, but shouldn't, grab a slice of big bank profits via a levy or tax top-up
18th Jul 23, 9:00am
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Why Treasury told the Government it could, but shouldn't, grab a slice of big bank profits via a levy or tax top-up