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.
Founding partner - Southland Foundation
21 May 2024
We’re excited to announce that as a founding partner of the newly created Southland Foundation, SBS Bank will provide a $5 million interest-free loan to fuel the establishment of the Foundation and extend its reach deep into the heart of the Southland community.
Left to right: SBS Group CEO Mark McLean at the launch event with Southland Foundation Chair Kathryn Ball and Sir Stephen Tindall
Southland Foundation is a unique type of charitable trust that provides a vehicle for people to make donations to benefit the charitable organisations and causes that matter most to them.
Return to media centre