Heartland affirms annual guidance, eyes acquisitions in consumer finance

Thu, 10 Dec 2015

By Paul McBeth Dec. 11 (BusinessDesk) - Heartland New Zealand, the locally listed bank, affirmed annual earnings guidance, and said it's keen on buying rivals to grow its business, especially in consumer finance. Managing director Jeff Greenslade told shareholders at today's annual meeting in Auckland that net profit is still on track to be between $51 million and $56 million in the 12 months ending June 30, 2016, without allowing for any impact from the lender's planned capital return. Greenslade said the bank is still keen on making ac...

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