Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 12, 2016 7:46 AM ET

Banks

Company Overview of Westpac New Zealand Limited

Company Overview

Westpac New Zealand Limited operates in the consumer banking and wealth, commercial corporate and institutional banking, and investment and insurance sectors in New Zealand. The company’s personal banking services include savings and transaction accounts, term investments, debit and credit cards, home loans, personal loans, investment solutions, and foreign exchange services; and life, income and debt, home and content, cars and other vehicles, and travel insurance, as well as mobile and online banking services. Its business banking services comprise corporate online banking solutions, business term loans, equipment finance, business overdraft, payment solutions, trade finance and supply cha...

Takutai Square

16 Takutai Square

Auckland,  1010

New Zealand

Founded in 1861

Key Executives for Westpac New Zealand Limited

Chief Executive Officer and Executive Director
Age: 57
Chief Financial Officer
General Manager of Operations & Contact Centres
Chief Executive Officer of Westpac Banking Corporation and Director of Westpac Banking Corporation
Age: 59
Chief Information Officer
Compensation as of Fiscal Year 2015.

Westpac New Zealand Limited Key Developments

Westpac NZ Announces Unaudited Earnings Results for the Full Year 2015

Westpac NZ announced unaudited earnings results for the full year 2015. For the year, the company announced cash earnings of $851 million up 8% a year ago. Revenue was up 7%, supported by a 7% growth in lending, deposits up 5% and a 4bp rise in margins.

Westpac New Zealand Limited Presents at ECBC Covered Bond Congress 2015, Sep-10-2015 10:45 AM

Westpac New Zealand Limited Presents at ECBC Covered Bond Congress 2015, Sep-10-2015 10:45 AM. Venue: Avenida Diagonal 661-671, Palau de Congressos de Catalunya, Barcelona - 08028, Spain. Speakers: Jim Reardon, Treasurer.

Westpac New Zealand Limited Reports Unaudited Consolidated Financial Results for the Nine Months Ended June 30, 2015; Resolves to Pay an Unimputed Dividend for Fiscal 2015

Westpac New Zealand Limited reported unaudited consolidated financial results for the nine months ended June 30, 2015. For the nine months, interest income was NZD 3,297 million against NZD 2,910 million for the same period of last year. Net interest income was NZD 1,332 million against NZD 1,210 million for the same period of last year. Operating profit was NZD 946 million against NZD 973 million for the same period of last year. Profit before income tax expense was NZD 946 million against NZD 973 million for the same period of last year. Profit after income tax expense attributable to owners of the Banking Group was NZD 687 million against NZD 721 million for the same period of last year. Net cash (used in)/provided by operating activities was NZD 556 million against NZD 1,367 million for the same period of last year. Purchase of capitalised computer software was NZD 26 million against NZD 55 million for the same period of last year. Purchase of property, plant and equipment was NZD 11 million against NZD 9 million for the same period of last year. On 19 August 2015, the board has resolved to pay an unimputed dividend of NZD 600 million on ordinary shares and to issue 600 million ordinary shares at a price of NZD 1 per share to its immediate parent company, WNZGL.

Similar Private Companies By Industry

Company Name Region
ANZ Holdings (New Zealand) Limited Asia
Southland Building Society Asia
Bank of China (New Zealand) Limited Asia
FE Investments Limited Asia
TSB Bank Limited Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Westpac New Zealand Limited, please visit www.westpac.co.nz. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.