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      KPMG’s Financial Institutions Performance Survey (FIPS) reports have provided in-depth insights into New Zealand’s financial services sector for over 30 years. We produce two sector reports, a banking report and a non-bank report covering finance companies, credit unions, P2P lenders and other non-bank entities. Each edition presents industry commentary and analysis on the performance of New Zealand registered banks and other financial institutions, together with a range of topical articles from other key stakeholders such as industry experts, regulators and our own business leaders.

      FIPS Banks: Review of 2024

      Banking sector shows continued resilience in 2024.

      Contact KPMG's Financial Services Team

      John Kensington

      Partner - Audit

      KPMG in New Zealand

      Ceri Horwill

      Partner - Risk Consulting, Head of Banking & Finance

      KPMG in New Zealand

      Nicola Raynes-Pene

      National Industry Leader - Financial Services

      KPMG in New Zealand


      Past FIPS and FIPS Quarterly

      Bank profits increase by 12.7% for the quarter ending June 2023

      Bank profits decrease by 13% for the quarter ending March 2023

      Bank profits level off - a forerunner of tougher economic times?

      Impressive profits, banking sector still seems immune to impacts of economic upheaval

      Banking sector hits profit plateau for 2023.

      Non-bank sector experiences growth amidst mixed results

      A year of record performance for banking sector.