Latest fromHeartland New Zealand
Stock Takes: Focus turns to second half after RBNZ rate cut
Focus has turned to those companies who will benefit from this week's RBNZ rate cut.
Economic shifts: Heartland’s $50m write-off versus Turners' profit boost
The S&P/NZX 50 Index closed at 13,051.12, down 17.81 points or 0.14%.
Westpac, several smaller banks lift home loan rates - again
More banks have announced changes to their home loan rates.
ASB, Heartland, Watercare, staff claim $250,000-plus from insolvent baking business
Bakery said it had failed to recoup costs due to Covid-19 lockdowns.
Heartland Group reveals record profit and $200m capital raise
The firm is undertaking due diligence on an Australian bank.
Heartland to buy Australian livestock finance business
The deal is expected to add A$10-12 million a year to Heartland's bottom line.
Strong lending growth boosts Heartland Group's profit
But the group warns tighter credit laws has slowed motor and home lending this year.
Heartland lifts first-half profit by 10.6%
Full year guidance expected at upper end of range.
Heartland's forecasts may lift to reflect Harmoney float
Heartland's net profit forecast may need revision after Harmoney's market listing.
Heartland profit better than expected but dividend cut
Heartland Group has reported a full year profit for the year to June 30.
Heartland secures new funding for reverse mortgage business
Deal will allow Heartland to continue expanding in Australia.
Heartland seeks $75M in 5-year bond offer
Heartland will at least 3.5 per cent annual interest.
Aussie reverse mortgages drive up Heartland earnings
Heartland's net profit rose 6.5 per cent in the first half.
Market would welcome UDC float on NZX
Bring it on. Fund managers would welcome UDC onto the NZX.
Heartland bank wants to raise up to $150m
Heartland Bank's full-year profit is up 12 per cent to $60.8 million.
Monthly advance for reverse mortgages
New Zealand's biggest reverse mortgage financier reveals new option.
Heartland lifts first-half profit 14pc
Heartland Bank increased first-half profit 14 per cent as the NZX-listed lender's loan book grew at the same time as it benefited from cheaper funding costs.
Heartland raises $20m at 4.6pc discount
Heartland Bank's trading halt has been lifted after the bank raised $20 million from institutional investors at $1.46 per share.
Heartland plans to raise $30 million
Heartland Bank wants to raise up to $30 million through a placement and share purchase plan to maintain its capital ratio.
Heartland pursue UDC from ANZ
Heartland Bank has told investors that it remains interested in buying asset finance company UDC from ANZ Bank, describing it as an
Heartland Bank profits jump to $54.2m
Heartland Bank has boosted its profits by 12.5 per cent to $54.2 million and says it is still on the acquisition trail. The local
Heartland Bank warns farm values could fall 40pc
Heartland Bank has told investors it is monitoring the dairy sector "with close attention".
Supreme Court turns down Heartland insurance bid
The Supreme Court won't let Heartland New Zealand appeal a ruling that excused Vero Insurance New Zealand from covering losses.
Chorus paces rise in sharemarket index
New Zealand shares rose yesterday, paced by Chorus as its first-half earnings met with market expectations. Xero rose to a four-month high as a seller exited the stock.