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SBS Bank full-year result
3 June 2026
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.
The result reflects continued investment in strategic initiatives alongside a focus on strengthening the Group’s balance sheet and future capability.
SBS Group CEO Mark McLean said, “This has been a year of steady progress for SBS - supporting our members through a challenging environment while continuing to build a strong bank for the future.”
