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How ASB’s Lending Growth and Tech Investments Shape New Zealand’s Future

8:28am on Wednesday 11th of February, 2026 AEDT Financial Services
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How ASB’s Lending Growth and Tech Investments Shape New Zealand’s Future

8:28am on Wednesday 11th of February, 2026 AEDT
Key Points
  • Cash net profit after tax up 1% to $719 million
  • Home lending grows 8%, business and rural lending up 4%
  • Customer deposits increase 5%, net interest margin improves by 6 basis points
  • Operating expenses rise 21% due to class action settlement and strategic investments
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