Bankers have always struggled with cutting and pasting
Printable View
Maybe they’ll get a public censure like Cooks Food for not reporting in a timely manner
It’s out ...main points
.Significant progress made on implementing Heartland’s workplan to address improvements across conduct and culture.
• 47% of employees were aged 35 years and under.
• 35 interns joined Heartland Bank’s Manawa Ako internship programme – 10 more interns than last year’s intake.
And that’s a story that leads to profit up 20%
Well, looks like diversification really works.
Anyway - pretty happy about the numbers.
NPAT of $39.9 million, up 20.4% ($6.7 million).
Gross finance receivables (Receivables) of $4.6 billion, up $177 million (8% annualised growth) since June 2019.
Did anybody notice - interim dividend up to 4.5 cents (from 3.5 cents)! Not bad ...
And leaving upgrading FY guidance for another day
Clever ploy
There’s so many good numbers I don’t think we’ll hear from beagle for a while ...lot of good stuff to digest and he hasnt installed the upgrade to his abacus yet
Good headline figures - especially coming after ASB's result.
Aussie REL's continue showing strong annual growth of 20% and are up to and now up to $ 887 million, raising market share to 26%. Interesting to see very fast growth (from a low base) for Harmoney in Australia. Divie increased by 1c which was a bit of a surprise. Nothing too negative in there except operating costs are significantly higher but not unexpected.
From first read this seems to be another great result.