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Heartland’s profit rebound gives TSB merger plan momentum
5:54am on Tuesday 29th of September, 2026 AEST
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Banking and Financial Services
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Heartland’s profit rebound gives TSB merger plan momentum
5:54am on Tuesday 29th of September, 2026 AEST
Key Points
NZD 93.2 million reported NPAT, up from NZD 38.8 million
Underlying NPAT rose to NZD 90.4 million from NZD 46.9 million
NZD 620 million TSB acquisition remains subject to approvals
Regulatory capital surplus estimated at NZD 110 million, or NZD 160 million after expected risk-weight changes
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Heartland (NZX:HGH)
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