profit from every A$100 of sales.
A$0A$100
Heartland Group Holdings
A$1.03+0.49% today
+6.2% in 1 year
1-year low A$0.821-year high A$1.11
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay A$30.75 for every A$1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Heartland Group Holdings sold, what it kept, and what it did with the cash.
Sales went from NZ$264 million in 2022 to NZ$319 million in 2025, with NZ$38.8 million of profit last year.
SalesProfit
Heartland Group Holdings handed back 6% of the cash it generated last year.
NZ$37M
Free cash flow 2025NZ$669M
Bought back its own shares–
Paid as dividendsNZ$37M
Cash vs. debtNZ$633M vs. NZ$840M
Heartland Group Holdings vs. similar companies
Heartland Group Holdings grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Heartland Group Holdings | 30.8× · Expensive | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.2× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Heartland Group Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of NZD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 264 | 282 | 288 | 319 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 95 | 96 | 75 | 39 | |
| 0.16 | 0.14 | 0.10 | 0.04 | |
| – | – | – | – | |
| – | – | – | – | |
| 36.0% | 34.0% | 25.8% | 12.2% |
Balance sheet
| In millions of NZD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 7,090 | 7,745 | 9,292 | 8,647 |
| Cash | 572 | 617 | 900 | 633 |
| Total debt | 2,594 | 2,511 | 2,059 | 840 |
| Total liabilities | 6,282 | 6,714 | 8,054 | 7,428 |
| 809 | 1,031 | 1,238 | 1,219 | |
| 604 | 703 | 757 | 937 | |
| – | – | – | – | |
| 11.8% | 9.3% | 6.0% | 3.2% |
Cash flow
| In millions of NZD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 10 | 25 | 28 | 4 | |
| -272 | 18 | 900 | 669 | |
| Dividends paid | 58 | 64 | 58 | 37 |
| – | – | – | – | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 30.8×
- –
- –
- 0.8×
- 3.7×
- 3.3%
- 3.1%
Profitability
- 12.2%
- –
- –
- –
- –
Growth
- +6.5%
- −36.0%
- –
- +15.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 16%of 880
Bottom 44%of 878
Top 1%of 932
3.1%of the share price, paid each year
On $1,000 invested$31a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
96.2% of its profit
Room to growStretchedMore than it earns: 5.6%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Heartland Group Holdings
Is Heartland Group Holdings a good stock to buy?
A solid business, but the price is high. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Heartland Group Holdings AI analysis
What does Heartland Group Holdings do?
Heartland Group Holdings Limited, together with its subsidiaries, provides various financial services in New Zealand and Australia. It operates through Motor, Reverse Mortgages, Personal Lending, Business, Rural, Australian Banking Group, and Other segments. It is in Banks - Regional, based in Auckland, New Zealand.
Does Heartland Group Holdings pay a dividend?
Yes. At today's price the dividend is 3.1% a year, about 96% of its yearly profit. In 2025 it paid out A$37.3 million in dividends.
Is Heartland Group Holdings stock halal?
No. Heartland Group Holdings does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Heartland Group Holdings stock done over the past year?
Up 6.2% over the past twelve months, to A$1.03. It traded between A$0.82 and A$1.11 and is 6.8% below its high.
Who are Heartland Group Holdings's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Heartland Group Holdings's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.