Heartland upbeat as reverse mortgages drive growth
Full-year profit rises to $95.9 million, while net interest margin fell to 3.97%.
Heartland Group CEO Jeff Greenslade.
Heartland Group has boosted its full-year profit in tough trading conditions and expects further improvement in the new financial year.
Its net profit in the 12 months ended June 30 was $95.9 million, up 0.8% on the previous year.
The lender’s net interest margin fell to 3.97%, while net interest
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