Heartland Group Holdings Income Statement

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Interest Income on Loans	705.87	661.03	527.71	342.1	327.94
Interest Paid on Deposits	398.56	383.39	245.72	91.96	94.42
Net Interest Income	307.31	277.65	281.99	250.14	233.52
Net Interest Income Growth (YoY)	10.68%	-1.54%	12.73%	7.12%	7.77%
Gain (Loss) on Sale of Assets	0.6	0.68	0.99	1.12	1.1
Gain (Loss) on Sale of Investments	0.02	-0.31	-4.49	-13	4.25
Other Non-Interest Income	14.46	12.34	6.82	29.35	12.33
Total Non-Interest Income	15.08	12.71	3.33	17.48	17.67
Non-Interest Income Growth (YoY)	18.68%	282.00%	-80.96%	-1.11%	-5.37%
Revenues Before Loan Losses	322.39	290.35	285.32	267.62	251.19
Provision for Loan Losses	71.64	46.42	23.24	13.82	14.97
Revenue	250.75	243.93	262.07	253.79	236.21
Revenue Growth (YoY)	2.80%	-6.92%	3.26%	7.44%	14.71%
Salaries and Employee Benefits	-	72.03	68.66	60.77	63.01
Occupancy Expenses	-	7.65	6.18	6.25	5.31
Amortization of Goodwill & Intangibles	-	5.52	5.68	5.92	9.31
Selling, General & Administrative	6.18	40.16	34.01	30.44	25.23
Other Non-Interest Expense	176.05	16.84	13.45	11.46	14.8
Total Non-Interest Expense	182.95	139.39	128.08	116.75	117.66
EBT Excluding Unusual Items	67.81	104.55	133.99	137.04	118.56
Other Unusual Items	-1.8	-	-	-	-
Pretax Income	57.21	104.55	133.99	137.04	118.56
Income Tax Expense	18.39	30	38.13	41.92	31.53
Net Income	38.81	74.55	95.87	95.13	87.03
Net Income to Common	38.81	74.55	95.87	95.13	87.03
Net Income Growth	-47.94%	-22.24%	0.78%	9.31%	20.92%
Basic Shares Outstanding	937	757	687	590	583
Diluted Shares Outstanding	937	757	687	590	583
Shares Change (YoY)	23.72%	10.23%	16.45%	1.08%	1.13%
EPS (Basic)	0.04	0.10	0.14	0.16	0.15
EPS (Diluted)	0.04	0.10	0.14	0.16	0.15
EPS Growth	-57.96%	-29.46%	-13.46%	8.14%	24.29%
Dividend Per Share	0.040	0.070	0.115	0.110	0.110
Dividend Growth	-42.86%	-39.13%	4.54%	-	57.14%
Effective Tax Rate	32.15%	28.69%	28.45%	30.59%	26.60%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.