One of New Zealand's biggest banks is unlikely to be able to continue growing its half year result.
ASB has recorded a $372 million net profit after tax for the six months to December.
Massey University senior banking lecturer Claire Matthews would be surprised if ASB could continue delivering on the specific factors, such as a fall in impairment losses, outlined for the result.
She says the nation's economic mood is starting to lift.
"There has been a tendency to reduce the borrowing but as people feel more comfortable they will borrow more. And it's that sort of growth that is likely to enable them to maintain a similar level of profit, but not necessarily grow it," she says.
Ms Matthews says parent company Commonwealth Bank will be pleased with the result.
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