We’re proud to announce that SBS Bank has delivered a resilient result for the year ending 31 March 2026, continuing to support members through a challenging economic environment while investing in the long-term future of the bank. The SBS Group, which includes SBS Bank, SBS Insurance, SBS Wealth and Finance Now, reported an underlying operating surplus of $45 million for the year to 31 March 2026. SBS welcomed 4,787 new members and helped more than 1,330 New Zealanders into their first homes, delivering value that left first home buyers $94-a-fortnight better off banking with SBS.
Exciting news for SBS Bank
28 June 2024
The SBS Group has reached two major milestones this week with our achievement of Toitū CarbonReduce™ and making our first public Climate-Related Disclosure.
While reducing our emissions has been a focus in our operations, this is the first time the SBS Group has achieved this certification along with assurance on our emissions disclosures. Our Climate-Related Disclosure details how SBS addresses climate-related risks and opportunities. This milestone is not the end, rather the end of the beginning of our continued journey in sustainability and climate-management.
We have also published our 2024 Annual Report on our website this week, so check out the Disclosure Statements page on the SBS website to find out more about how SBS provides benefits back to its members and our purpose of Helping Kiwis find a place to call home.
