Kiwibank annual net profit falls 5% to $191 million
Thursday 21 August 2025 · 2 outlets · 3 reports · updated In this story Kiwibank
Kiwibank reported a 5% decrease in net profit after tax for the year ending June, totaling $191 million. Despite the drop in profit, the government-owned bank saw lending increase by 10% to $35.8 billion. Chief executive Steve Jurkovich stated that the bank's deposits and lending are growing faster than the four largest Australian-owned banks.
