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Heartland doubles profit as TSB merger aims to create NZ challenger bank
6:38am on Thursday 20th of August, 2026 AEST
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Financial Services
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Heartland doubles profit as TSB merger aims to create NZ challenger bank
6:38am on Thursday 20th of August, 2026 AEST
Key Points
140% increase in FY2026 net profit to NZD 93.2 million
Underlying return on equity rises to 7.1%
Successful conclusion of non-strategic asset realisation
Proposed $620 million TSB acquisition and merger underway
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Heartland (NZX:HGH)
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