Net interest margins
Profit tumbles across non-bank lending sector for second consecutive year, KPMG FIPS shows, as funding costs surge
11th Dec 24, 5:00am
Profit tumbles across non-bank lending sector for second consecutive year, KPMG FIPS shows, as funding costs surge
Analysts cite Westpac NZ's pre-provision operating profit growth as key standout in big bank reporting season
19th Nov 24, 9:10am
Analysts cite Westpac NZ's pre-provision operating profit growth as key standout in big bank reporting season
Andrew Laming has more questions for the Parliamentary Banking Inquiry, suggesting rural loan risks don't justify the capital risk weights being used
8th Nov 24, 10:54am
4
Andrew Laming has more questions for the Parliamentary Banking Inquiry, suggesting rural loan risks don't justify the capital risk weights being used
[updated]
ANZ NZ annual profit drops 2% as net interest margin falls while expenses and hedging losses rise
8th Nov 24, 10:03am
37
ANZ NZ annual profit drops 2% as net interest margin falls while expenses and hedging losses rise
Rabobank NZ CEO tells MPs 'we're doing our bit to create competition in the New Zealand market'
7th Nov 24, 11:59am
Rabobank NZ CEO tells MPs 'we're doing our bit to create competition in the New Zealand market'
[updated]
BNZ net profit driven by lending and deposit growth but offset by lower net interest margins and higher operating costs
7th Nov 24, 10:10am
4
BNZ net profit driven by lending and deposit growth but offset by lower net interest margins and higher operating costs
[updated]
Annual profit up for Westpac NZ as income rises and loan impairments fall
[updated]
Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
24th Oct 24, 8:29am
87
Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year
23rd Oct 24, 2:30pm
6
Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year
Reserve Bank Assistant Governor Karen Silk says reversion to pre-covid funding conditions is under way and this will limit how far lending rates fall as banks seek to preserve their net interest margin
16th Oct 24, 1:44pm
32
Reserve Bank Assistant Governor Karen Silk says reversion to pre-covid funding conditions is under way and this will limit how far lending rates fall as banks seek to preserve their net interest margin
[updated]
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
7th May 24, 10:11am
21
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
[updated]
Westpac NZ CEO Catherine McGrath sees good momentum, optimistic economy will start improving by end of year. Says fewer customers suffering hardship than expected
6th May 24, 10:28am
11
Westpac NZ CEO Catherine McGrath sees good momentum, optimistic economy will start improving by end of year. Says fewer customers suffering hardship than expected
[updated]
BNZ interim profit drops with income and net interest margin falling and expenses rising
2nd May 24, 10:18am
5
BNZ interim profit drops with income and net interest margin falling and expenses rising
Housing lending as a percentage of New Zealand banks' total lending reaches 70%, KPMG's annual FIPS shows
13th Mar 24, 3:16pm
33
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
Reserve Bank Governor Adrian Orr says competition between retail banks should be heating up as Commerce Commission prepare to report back on its market study
29th Feb 24, 12:42pm
19
Reserve Bank Governor Adrian Orr says competition between retail banks should be heating up as Commerce Commission prepare to report back on its market study
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
23rd Feb 24, 10:03am
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
[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
29
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
David Cunningham examines the disparity between fixed and floating mortgage rates in New Zealand
23rd Nov 23, 9:06am
16
David Cunningham examines the disparity between fixed and floating mortgage rates in New Zealand
'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
[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
31
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
6
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