UDC half year profits down 4% even though lending grew 7% - increased bad debt mentioned as a cause for lower profits
But remained well positioned
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UDC half year profits down 4% even though lending grew 7% - increased bad debt mentioned as a cause for lower profits
But remained well positioned
why is heartland the only bank offering high % to term deposits?? how is its capital adequacy?
KPMG's latest Financial Institutions Performance Survey (FIPS) quarterly
analysis to December 2015 showed that Heartland grew its net interest margin
and reported the highest net interest margin in the sector. Our net interest
margin for that quarter was 4.44%, compared to the sector average of 2.21%
(as reported in FIPS). When adjusted for impairments, our net interest
margin for that quarter was 4.17%, compared to the sector average of 2.10%
(based on information reported in FIPS).
HBL @ 1.22 - depth looking like it might want to break out
Will Percy buy more today?