sharetrader
  1. #10961
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Quote Originally Posted by winner69 View Post
    Small is beautiful. ...and I’ll leave it to others to point out the wow NIM

    KPMG's quarterly financial institutions performance survey showed small locally-owned banks have expanded their loan books at a faster pace than the big four Australian-owned lenders and state-owned Kiwibank, with Heartland, SBS Bank, and TSB all logging double-digit expansion in the year through March.

    (From sharechat)
    Yes WOW indeed for HBL's NIM.

  2. #10962
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by winner69 View Post
    Small is beautiful. ...and I’ll leave it to others to point out the wow NIM

    KPMG's quarterly financial institutions performance survey showed small locally-owned banks have expanded their loan books at a faster pace than the big four Australian-owned lenders and state-owned Kiwibank, with Heartland, SBS Bank, and TSB all logging double-digit expansion in the year through March.

    (From sharechat)
    Have you got a link mate ?
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  3. #10963
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Quote Originally Posted by Beagle View Post
    Have you got a link mate ?
    https://assets.kpmg.com/content/dam/...-Quarterly.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #10964
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Thanks for the link.
    I spent a lot of time trying to find it,without success.
    Good to see HBL's strong organic growth continues.

  5. #10965
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Quote Originally Posted by percy View Post
    Thanks for the link.
    I spent a lot of time trying to find it,without success.
    Good to see HBL's strong organic growth continues.
    Their ‘filing system’ a bit obtuse percy ....don’t blame you for not finding

    I had to ask a mate who works for them for the link and even he went hmmm
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #10966
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Thanks Winner. My goodness that impressive growth in the loan book and net interest margin growth is awesome too ! Organic growth is tremendous, no nitrogen or acquisitions required
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  7. #10967
    Member
    Join Date
    May 2011
    Posts
    258

    Default

    So net profit will be $67 million?

  8. #10968
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Quote Originally Posted by freddagg View Post
    So net profit will be $67 million?
    No...a bit more but not quite $70m

    Leaving some for a rainy day as they say in the trade
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #10969
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    So..what final dividend are we expecting folks ?
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  10. #10970
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Quote Originally Posted by Beagle View Post
    Thanks Winner. My goodness that impressive growth in the loan book and net interest margin growth is awesome too ! Organic growth is tremendous, no nitrogen or acquisitions required
    The continuing strong organic growth makes me wonder about UDC, and how interested HBL are in it.Yes it would be a great fit,but I really think it would have to be on HBL's terms,in which case ANZ would be better to float,hold,or sell it to someone else.
    When this year's result is announced in a few weeks time, we must remember HBL went through 2 months of share hell getting their new systems running properly.Was main reason for the increase in impairments.Jeff Greenslade called it an own goal,so that being corrected,[I think it has] and their out look commentary will be very important,for us to try and project future earnings/ratios,and dividends.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •