Heartland Group (ASX: HGH) — Company Overview, News & Financial Data
Heartland Group provides a range of banking and financial services in New Zealand and is expanding into Australia.
Heartland Group
Heartland Group is a financial services group operating primarily in New Zealand and Australia. The organization provides specialist banking and finance services across retail, commercial, and rural sectors. Its primary business areas encompass reverse mortgages for seniors, motor vehicle financing, small-to-medium business lending, and agricultural livestock finance. The company also offers retail deposit products, including term deposits and savings accounts, to fund its lending activities. Operations are conducted through registered banking subsidiaries, direct digital channels, and broker networks, delivering tailored lending solutions to individual consumers, farming businesses, and commercial enterprises throughout Australasia.
Snapshot
Operations
Products and/or services of Heartland Group
- Reverse Mortgages: Equity release mortgage solutions provided to senior homeowners across New Zealand and Australia, allowing clients to unlock property equity to support retirement income, home improvements, healthcare expenses, and general living requirements without required monthly repayments.
- Motor Vehicle Finance: Consumer and commercial vehicle lending solutions distributed through motor dealerships, broker networks, and direct digital channels, funding new and used passenger cars, commercial transport fleets, motorcycles, and recreational vehicles across New Zealand markets.
- Business Loans: Financial products for small and medium-sized enterprises, encompassing working capital facilities, term loans, equipment finance, and digital lending platforms tailored to commercial operators, professional service providers, and trade businesses across primary regional markets.
- Livestock and Rural Finance: Specialized agricultural credit facilities provided to farming enterprises and livestock producers, including seasonal working capital, livestock acquisition funding, and tailored farm debt structures designed around seasonal production cycles and agricultural cash flows.
- Personal Loans: Consumer credit solutions including fixed-rate personal loans, debt consolidation products, and point-of-sale financing delivered through online channels and partner networks, providing structured repayment options for individual borrowers funding personal expenses and debt refinancing.
- Savings and Deposit Accounts: Retail and institutional deposit services offering call accounts, high-yield savings products, and fixed-term deposit investments that supply stable funding to support group lending activities and capital management strategies across operating regions.
Heartland Group executive team
- Andrew Peter DixsonChief Executive Officer
- Nicola FoleyHead of Corporate Communications & Investor Relations
- Michael Danton JonasChief Strategy Officer
- Peter GriffinChief Commercial Officer
- Alistair ScottChief Auto & Asset Finance Officer of Heartland Bank
- Rebecca ThomasChief Digital Transformation Officer of Heartland Bank
- Sarah BurgemeisterChief Legal & First Line Risk Officer of Heartland Bank (Australia)
- Dominique LaytChief Strategy & People Officer of Heartland Bank (Australia)
- Leanne LazarusChief Executive Officer of Heartland Bank New Zealand
- Michelle WinzerChief Executive Officer of Heartland Bank Australia
Latest news about Heartland Group
Heartland Group reaffirms target profit of NZ$102M
AustraliaHeartland endorses Leanne Lazarus for bank merger CEO
AustraliaHeartland Group approves TSB Bank merger deal
AustraliaHeartland Group reports FY26 net profit of NZ$93.2M
AustraliaHeartland Group and TSB merge in NZ$620M deal
AustraliaHeartland confirms FY26 targets amid strong growth
Australia
Recent announcements
What Heartland Group (HGH) has told the market, newest first.
- Heartland confirms endorsement of TSB Heartland Bank CEO
- Heartland shareholders approve proposed TSB merger
- Heartland Special Shareholder Meeting date
Dividend history
Dividends per share paid by Heartland Group , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | NZ$0.0291 | — | — | NZ$0.0291 |
| FY2026 | NZ$0.0180 | NZ$0.0295 | — | NZ$0.0475 |
| FY2025 | NZ$0.0325 | NZ$0.0181 | — | NZ$0.0505 |
| FY2024 | NZ$0.0540 | NZ$0.0365 | — | NZ$0.0905 |
| FY2023 | NZ$0.0563 | NZ$0.0498 | — | NZ$0.1061 |
Key financials
Reported results for Heartland Group , in NZD.
- Market cap
- 949.9M
- Revenue (TTM)
- 326.1M
- P/E ratio
- 11.2
- EPS (diluted, TTM)
- 0.1
- Dividend yield
- 7.0%
- Profit margin
- 28.6%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 684M | 132.3M | 93.2M | |
| 250.8M | 243.9M | 38.8M | |
| 243.9M | 126.9M | 74.5M | |
| 262.1M | 153.1M | 95.9M |