Heartland Posts Half Year Profit of $29.1m
Posted 21st February 2017
Heartland Bank Limited (Heartland) (NZX: HBL) achieved a net profit after tax (NPAT) of $29.1m for the half year ended 31 December 2016 (the Current Reporting Period), an increase of 14% from the half year ended 31 December 2015 (the Previous Corresponding Reporting Period). The increase in profitability was driven primarily by growth in receivables across all divisions – Household, Business and Rural.
Heartland takes shareholding in online lender Fuelled
Posted 20th February 2017
Heartland Bank Limited (Heartland) (NZX: HBL) advises that it has taken a 25% shareholding in Fuelled Limited, an online small-to-medium business (SME) lender (www.fuelled.co.nz). The shareholding has been provided alongside a committed debt facility enabling Fuelled to accelerate its Australasian growth plans.
Heartland partners with Australian online lender Spotcap
Posted 31st January 2017
Heartland Bank Limited (Heartland) (NZX: HBL) announces that it has partnered with Spotcap Australia, an online lender providing flexible and accessible funding solutions to small and medium-sized businesses (SMEs). Heartland has provided a funding facility to enable Spotcap to accelerate its Australian growth plans.
Heartland Half Year Results Announcement Date
Posted 20th January 2017
Heartland Bank Limited (NZX: HBL) advises that it intends to announce its financial results for the six month period ending 31 December 2016 on Tuesday 21 February 2017.
Heartland Bank appoints new Chief Financial Officer
Posted 19th January 2017
Heartland Bank Limited (NZX: HBL) (Heartland) is pleased to announce the appointment of David Mackrell to the role of Chief Financial Officer. David will join Heartland on 15 February 2017 from Air New Zealand where he has been Deputy CFO for more than 12 years.