Latest Banking News

Westpac Banking Corporation declared a fully franked distribution of AUD 1.3884 per Westpac Capital Notes 9 for the quarter ending September 2026, reflecting a 5.5082% annualised rate based on the latest 3-month BBSW plus margin.

Judo Bank has raised its FY26 cost of risk guidance due to three specific customer exposures, yet maintains a strong profit outlook with a projected 30% increase in pre-tax earnings.

National Australia Bank updates its interim dividend framework, setting DRP and BSP prices with a partial underwriting by Goldman Sachs for up to AUD 1 billion.

Suncorp Group has completed the redemption of all 3.89 million Capital Notes 3, paying holders face value plus a final distribution of A$1.2674 per note on 17 June 2026.

Commonwealth Bank of Australia has announced fully franked quarterly distributions ranging from AUD 1.2733 to AUD 1.3174 on four series of its PERLS capital notes, payable in September 2026.

Heartland Group Holdings has satisfied all initial conditions for its acquisition of TSB Bank shares from Toi Foundation, moving closer to a December 2026 merger that will create TSB Heartland Bank Limited.

Westpac Banking Corporation has updated details for its six-month interim dividend, confirming a fully franked 77 cents per share payable in June, alongside a Dividend Reinvestment Plan participation rate of 13.9%.

ANZ Group Holdings Limited has updated details for its 2026 Interim Dividend, confirming an 83-cent payment per share, partially franked, with dividend reinvestment and bonus option plans priced at AUD 35.31.

Heartland Group Holdings has agreed to acquire TSB Bank for NZD 620 million, merging the two into a challenger bank with $18 billion in assets and expected 20% EPS accretion.

ANZ Bank New Zealand has lodged an appeal against a High Court summary judgment in a class action related to consumer credit laws, prolonging legal uncertainty for the lender.

Judo Bank has successfully upsized a capital-relief securitisation to $750 million, strengthening its CET1 ratio and enhancing return on equity for FY27.

Bendigo and Adelaide Bank reported a slight increase in its Common Equity Tier 1 ratio to 11.38% for the quarter ended March 2026, driven by net profit and capital inflows. Risk-weighted assets rose 1.75%, largely due to loan portfolio expansion and a new operational risk capital overlay.