it's there now.
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it's there now.
they wouldnt appear to be doing as well as the other banks....
disclaimer : hold
Im happy. Room for a possible upgrade. And nice little HY Divvie. Keep up the good work
I'm not sure about this result. Still reading it. It's either 'average'.. 'on par'. Not 'great' that's for sure.
Still have big concerns about this heartland extend product even though 77% have been introduced new business. Refinancing other banks bad debts maybe???
Also they say it "may assist borrowers in meeting their obligations going forward, and can therefore be expected to assist in controlling impairment expense." Hmmm yep they are going to use it to hide traditional impairments just like I thought
Solid result. Good to see net interest margin improving. Room for profit upgrade in second half. Happy with the dividend in the circumstances with RBNZ restrictions.
Covid impairment provision still unused. Very good growth in eps.
Happy holder.
I agree Beagle. A very solid result with strong ROE & NIM on a steadily growing loan book. The fully imputed dividend at a level expected under the circumstances.
A happy holder.
Which profit do we use
Reported NPAT is higher than underlying
But Underlying basis shows greater growth
Suppose better use underlying as it excludes the $5.2m Harmoney revaluation but they've written off some intangibles (bugger those intangibles) and cleared out some old stuff on the balance sheet.
I think they are trying to bamboozle us with heaps of different numbers - usually they have a pretty clean set of accounts
A real worry when I have to say that I have to ask Snoopy to make sense of all this normal stuff
Then again just accept a tremendous result and don't worry about the numbers
"Today is the day we worried about yesterday,and all is well".
In fact all is very well.Yes the increase in NIM is positve,as is the increase in ROE, and the decrease in impairements.Can't ask for a better result.
Well done HGH,you have done it again.
Also a happy holder."
Just this week to get in to be eligible for divvy as it goes XD on 1st March, which is Monday.