Corporate News – Heartland Group Holdings Limited
Trading Performance
- Trading Session: 24‑hour period ending 07:39 PM Central Europe on Thursday 22 Feb 2026.
- Price Movement: Up 0.99 %.
- Current Share Price: AUD 1.02.
- Shares Outstanding: 945.2 million.
- Market Capitalisation: AUD 959.4 million.
- Volume Traded in Last 24 Hours: AUD 199.875 million.
- Month‑End Change: Down 1.44 %.
- 200‑Day Simple Moving Average: AUD 1.00.
- 52‑Week High: AUD 1.11 (02 Feb 2026).
- 52‑Week Low: AUD 0.80 (19 May 2026).
Recent Corporate Development
Heartland Group Holdings Limited announced that it has secured leadership endorsements for its proposed merger with TSB, creating a new entity named TSB Heartland Bank.
| Item | Detail |
|---|---|
| Leadership Structure | A joint team of executives from Heartland Bank and TSB will report to the appointed CEO of the combined bank, pending regulatory approvals and other conditions. |
| Legal Leadership | A Group Chief Legal Officer position will be established, with Phoebe Gibbons from Heartland Bank appointed to the role. |
| Transition Plan | To be confirmed as the merger progresses toward completion. |
| Regulatory Status | The Reserve Bank of New Zealand has issued a non‑objection, a prerequisite for the merger. |
| Financial and Operational Disclosure | No further operational or financial details were provided in the release. |
Comparative Performance of Related Stocks (Last 24 Hours)
| Stock | Ticker | Price Change | Current Price (AUD) | Market Cap (AUD m) | P/E Ratio |
|---|---|---|---|---|---|
| Vista Lt | VGL.AX | Down 3.15 % | 2.17 | 530.6 | 342.22 |
| Air New Zealand | AIZ.AX | Flat 0 % | 0.32 | 1,000 | – |
| Vulcan Steel | VSL.AX | Up 10.61 % | 5.55 | 745.8 | 48.54 |
| Turners Automotive | TRA.AX | Up 0.14 % | 7.00 | 638.1 | 17.08 |
| Tourism | THL.AX | Up 0.46 % | 2.18 | 493.9 | 15.29 |
Company Overview
Heartland Group Holdings Limited is a financial holding company headquartered in Auckland, New Zealand. Through its subsidiaries it provides a range of banking services—including savings, deposits, mortgages, business loans, consumer financing, and internet banking—to clients exclusively within New Zealand. The company is listed on the ASX All Markets stock exchange and operates its services via the website www.heartland.co.nz .