Thankfully Heartland Bank have evolved.
The next big advance for banking is digital/online.
Heartland are at the forefront with products that suit their modern clients needs.
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Thankfully Heartland Bank have evolved.
The next big advance for banking is digital/online.
Heartland are at the forefront with products that suit their modern clients needs.
Are No, HBL s history is only a couple of years old, 1875 you refer to Ashburton permanent building society,HBLs management is totally different now so you can't extrapolate that as being THEIR history. This is a new era and entity.
that being said,doesn't mean management won't work to the same principles.
Yes right back to 1875 and the Ashburton Permanent Building Society.
Bit like Westpac, which was formed in 1982, but their history goes back to 1861.
Now we can understand the significance of Heartland holding their first agm in Ashburton,and the wonderful mural Heartland had on their Ashburton building, showing Heartland's history timeline.
Since 2012 heartlands credit rating has been upgraded.
22 May 2014 S&P upgrade
29 Oct 2014 28 October 2014
Heartland New Zealand Limited (NZX: HNZ) is pleased to announce that Fitch
Rating (Fitch Australia Pty Ltd) has raised its long term issuer credit
rating on HNZ subsidiary Heartland Bank Limited (Bank) to 'BBB' from 'BBB-'
outlook stable. The full release from Fitch Rating is attached.
Fitch Rating noted the Bank's consistent reduction in non-core assets
resulting in improved asset quality and stronger earnings, and that its
business model focuses on niche markets in which it has a leading market
share.
Heartland is pleased with the raised rating, which follows Standard & Poor's
raising the Bank's credit rating earlier this year (22 May 2014).
Snoopy - I have a lot of respect for you and your contribution to ST.
However I feel we are losing relevance to this thread and/or covering things that have already bene covered in depth by other posters
I am happy to continue our discussion via PM if would would like. :)
Good to see CEO Jeff Greenslade, and head of banking Chris Flood, adding to their holdings.
Confirms they believe what they have been saying at the presentations they have been giving.
Yes, though are you sure they paid for the shares themselves? Shares have been bought under the existing "LTI scheme". Correct me if I am wrong, but I assume the abbreviation stands for something like "Long Term incentive"? Might be just free money (i.e. paid by share holders) for the senior management team ...
Hey t-j - reckon the share price will get to $1.30 and stay above it this time around
winner69, I believe heartland are very well positioned ;)
As they say every dog has it's day and Heartlands day is finally coming eh
Once past 130 only another 10 cents or so to get back to where it was 18 months ago
Think nextbigthing meant 160 and not 106 in his recent post - 160 by time of full year announcement - nothing in the way to stop that is there.