Probably due another cap raise to keep the old business model afloat sooner or later eh?
https://bankdashboard.rbnz.govt.nz/summary
The above would seem to say in the last Q HGH has the lowest capital ratio of all NZ banks, has non-performing loans 700% higher then the big banks and for all that risk has a middle of the park return on assets. And to top it off not long back punters were paying 2x tangible book.
Got to have something wrong...Always so much enthusiasm here :t_up: Will have to go back to the old model and fix up my numbers.