If full year profit is more than $85m....that would be exciting!
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If full year profit is more than $85m....that would be exciting!
Westpac NZ profits doubled in H1
Wrote back a chunk of previous bad debt provisions ....and NIM increased
All bodes well for Heartland
Whose going to guess npat close to $100m this year ...rather than their own guess of $85m
happy with the target 85m...
Agree. Westpac's result and general economic commentary should mean the Covid overlay taken last year is released. Will probably get commentary about the lower underlying result so as to set up 2022 as an increase on this 2021 underlying result, not a possible decrease on circa $100m npat.
https://www.nzherald.co.nz/business/...5DSCHLITQ3CL4/
I reconk profit upgrade is coming soon
Global Dairy Trade overnight ...prices basically flat
Just like Heartland share price at the moment
ANZ just reported interim result - big gain from reduction in credit impairment balance:
http://nzx-prod-s7fsd7f98s.s3-websit...670/345379.pdf
Interim dividend of 70c to be paid - almost back to normal (pre pandemic it was 80c per half year)
4.5% forward dividend yield is pretty good in current internet rate environment - but of course HGH will be quite a bit better (fingers crossed)