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Heartland delivers on profit promise
Friday 19th of August 2011
The result is in the middle of the company's $6 million to $8 million guidance and includes $6.8 million in costs from the three-way merger which created the company.
Its retail deposit book, the mainstay of its funding, was stable at $1.6 billion with more than half its investors having moved to non-guaranteed deposits or to terms beyond the December 31 expiry of the government's retail...
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