http://nzx-prod-s7fsd7f98s.s3-websit...925/340773.pdf
‒ Earnings per share of 7.6 cents per share, up 0.7 cents per share. Very strong eps growth.
Prompt 4.0 cps fully imputed dividend, goes ex divvy next Monday 1 March, (get in this week if you want the dividend).
Winner - At first glance the quality of the result looks solid. One off gains nicely balanced by decisions to tidy up some suspense items (whatever they are) and voluntary accelerated write off of intangibles.
Non use of the Covid provisioning gives comfort that they're travelling well through this "interesting" year. Good to see low margin rural lending down again and high risk Harmoney lending down a lot.
A lot to like in this result which at first glance looks like a solid high quality result.