Latest Banking Sector News

BNK Banking Corporation Limited has reported a significant turnaround in FY25, posting a statutory net profit after tax of $1.28 million, reversing a $6.7 million loss in FY24. The bank’s strategic focus on higher-margin lending and diversified income streams underpinned this recovery.

Kina Securities Limited reported a robust 37% jump in statutory net profit after tax for the half year ended June 2025, driven by solid revenue growth and expanding loan portfolios. The bank also declared a higher interim dividend, reflecting confidence in its financial strength.

Bendigo and Adelaide Bank has announced a fully franked ordinary dividend of AUD 0.33 per share for the six months ending June 2025, with key dates set for early September and payment at the end of the month.

BSP Financial Group Limited has reported a robust half-year performance for 1H25, marked by nearly 10% growth in revenue and net profit after tax, alongside a healthy capital position and an increased interim dividend.

BSP Financial Group reported a solid 9.8% increase in net profit after tax for the first half of 2025, driven by strong revenue growth and strategic investments in digital banking. The bank also raised its interim dividend by 11.1%, reflecting confidence in its ongoing modernization efforts.

BSP Financial Group Limited reported a solid half-year net profit of K572 million for June 2025, supported by steady income growth and prudent credit risk management. The Group also completed a strategic conversion of its Fiji branch into a wholly owned subsidiary, enhancing operational and regulatory alignment.

BSP Financial Group reported a solid 9.8% increase in net profit for the half year ended June 2025, underpinned by growth in net interest income, fees, and foreign exchange earnings. The Group also restructured its Fiji operations into a wholly owned subsidiary, enhancing its regional footprint and regulatory compliance.

Cuscal Limited has exceeded its FY25 profit expectations and announced a strategic $75 million acquisition of Indue Limited, aiming to boost scale and efficiency in the Australian payments sector.

Heartland Group Holdings Limited reported an underlying NPAT of NZD 46.9 million for FY2025, meeting guidance, while setting ambitious growth and efficiency targets for FY2026.

Bendigo and Adelaide Bank reveals a substantial $539.5 million goodwill impairment and $9 million restructuring costs for FY25, while reassuring investors that cash earnings and capital remain intact.

MyState Limited has announced a fully franked ordinary dividend of AUD 0.11 per share for the half-year ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 1.5% discount.

MyState Limited reports a transformative FY25 with a 64% loan book growth following its merger with Auswide Bank, delivering a 17% rise in underlying profit and declaring a fully franked final dividend.