BNZ looks to economic uptick supporting its FY 2026 outturn

BNZ chief Dan Huggins is optimistic about an economic pivot. (Image: supplied)

Fri, 07 Nov 2025

Bank of New Zealand has issued a cautiously optimistic view for the Kiwi economy’s performance in 2026 and sees this gradual rejuvenation underpinning its next set of full-year results.The bank, which is the latest to cautiously spruik the prospect of a return to economic growth in 2026, has just posted a full-year net profit after tax down 0.5% to $1.50 billion, from $1.51b before.Net interest margin (NIM), a key measure of profitability, was up 6 basis points (bps) to 2.43%, from 2.37%.Chief executive Dan Huggins said it appeared the Ne...

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