Brief: Heartland Group Says Average NIM Expanded Further In Quarter
23/04/2026 02:23
April 23 (Reuters) - Heartland Group Holdings Ltd HGH.NZ: AVERAGE NIM EXPANDED FURTHER IN QUARTER AVERAGE NET INTEREST MARGIN COMPRESSION EXPECTED IN Q4 OF FY2026 REMAINS CAUTIOUS AND IS CLOSELY MONITORING POTENTIAL IMPACTS ON CUSTOMER DEMAND AND CREDIT QUALITY IN NZ & AU NZ BANKING HEARTLAND BANK'S 3Q2026 AVERAGE NIM WAS DOWN 3 BPS TO 4.09% HEARTLAND BANK'S OVERALL NPL RATIO REDUCED TO 2.81% IN NZ BANKING AS AT QUARTER-END HEARTLAND BANK AUSTRALIA'S AVERAGE NIM EXPANDED, UP 15 BPS TO 3.99% IN 3Q ON TRACK TO DELIVER UNDERLYING NPAT AT LEAST NZ$85 MILLION FOR FY2026 MONITORING POTENTIAL IMPACTS FROM ONGOING UNCERTAINTY IN GULF REGION Further company coverage: HGH.NZ ((Reuters.Briefs@thomsonreuters.com;))
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