Heartland Group Holdings Ltd.
1.27
NZD
+0.00
(-0.39%)
ISIN
NZHGHE0007S9
Return %
Stock
S&P 500
1Y
16.06
14.20
3Y
-21.57
81.12
5Y
-44.93
68.34
Capital Structure
NZD
•
in mil. unless spec.Working Capital
NZD
•
in mil. unless spec.Growth Rates
NZD
•
in mil. unless spec.Semi-annual Revenue
NZD
•
in mil. unless spec.Semi-annual Earnings Per Share
NZD
•
in mil. unless spec.Semi-annual Dividends Per Share
NZD
•
in mil. unless spec.Company Description
- CEO
- Andrew Peter Dixson
- Full Time Employees
- 612
- Sector
- Finance
- Industry
- Major banks
- Address
- 35 Teed Street Auckland AU New Zealand 1023
- IPO Date
- Jan 24, 2011
- Website
- heartlandgroup.info
- Similar Companies
- Business
- Heartland Group Holdings Limited Heartland Group Holdings Limited (NZX/ASX: HGH) operates as a financial services group that provides specialist banking and lending products to individuals, businesses, and farmers across New Zealand and Australia. Founded in 1875 and headquartered in Auckland, New Zealand, the company functions as the holding entity for Heartland Bank Limited, a registered bank in New Zealand, and conducts operations through segments including Motor, Reverse Mortgages, Personal Lending, Business, Rural, Australian Banking Group, and Other. It offers a diverse range of core products and services such as motor vehicle finance; reverse mortgage lending; transactional accounts, home loans, and personal loans to individuals; term debt, plant and equipment finance, commercial mortgage lending, and working capital solutions for small-to-medium enterprises; specialist rural services encompassing livestock finance, rural mortgage lending, seasonal and working capital financing, and farm transition loans; savings accounts, term deposits, and direct and business call accounts; as well as internet and mobile banking, insurance services, and investment property holding activities. Geographically, Heartland Group Holdings Limited maintains a strong presence in New Zealand across household, business, and rural markets, while in Australia it specializes in reverse mortgages, small business lending funding to partners, consumer lending, and livestock finance through brands like Heartland Finance and StockCo Australia. In recent developments, the company completed the acquisition of Challenger Bank Limited from Challenger Limited in April 2024, establishing Heartland Bank Australia as its first Australian authorised deposit-taking institution and integrating it with existing Australian operations for enhanced digital specialist banking capabilities; issued A$50 million in inaugural Tier 2 Subordinated Notes in June 2024 to bolster regulatory capital with Westpac Banking Corporation's assistance; appointed Andrew Dixson as Group CEO effective October 2024 following Jeff Greenslade's retirement after 15 years; named Michelle Winzer as CEO of Heartland Bank Australia in July 2024 and Vaughan Dixon as Chief Technology & Operations Officer; and accelerated digitalisation efforts including a core banking system upgrade in New Zealand to improve customer experience and operational efficiency.