Heartland Bank Ltd operates within the Personal credit institutions sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Heartland Bank Ltd with three other
financial institutions in Australasia:
Allied Farmers Ltd
sales of 16.04 million New Zealand Dollars [US$11.79 million]
FSA Group Limited
(73.12 million Australian Dollars [US$57.89 million]
of which 68%
was Service), and
Money3 Corp Ltd
based in Australia
(96.66 million Australian Dollars [US$76.53 million]
of which 48%
During the year ended June of 2016, sales at
Heartland Bank Ltd were 281.77 million New Zealand Dollars (US$207.03 million).
a very small
increase of 1.8%
versus 2015, when the company's sales were 276.92 million New Zealand Dollars.
This was the fifth consecutive year of sales increases at Heartland Bank Ltd
(and since 2011, sales have increased a total of 59%).
Sales of Households saw an increase
that was more than double the company's growth rate: sales were up
13.7% in 2016, from
75.72 million New Zealand Dollars to 86.07 million New Zealand Dollars.
Heartland Bank Ltd also saw significant increases in sales in
Business (up 2.4% to 42.98 million New Zealand Dollars)
Rural (up 9.3% to 26.26 million New Zealand Dollars)
Not all segments of Heartland Bank Ltd experienced an increase in sales in 2016:
sales of Other fell 3.2% to 2.24 million New Zealand Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).