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Heartland’s Reverse Mortgage engine keeps FY2027 targets in sight
7:30am on Tuesday 27th of October, 2026 AEDT
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Banking
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Heartland’s Reverse Mortgage engine keeps FY2027 targets in sight
7:30am on Tuesday 27th of October, 2026 AEDT
Key Points
NZ$25.5 million NPAT excluding TSB transaction costs
7.6% quarterly ROE against FY2027 guidance of at least 7.5%
Reverse Mortgage receivables rose 12.9% in New Zealand and 19.6% in Australia
New Zealand Rural, Motor Finance and Business Finance portfolios contracted
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