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# ASB profit drops to $1.4b as class action settlement lifts costs
- URL: https://goodoil.news/asb-profit-drops-to-1-4b-as-class-action-settlement-lifts-costs/
- Published: 2026-08-12T02:05:50.000Z
- Updated: 2026-08-12T22:01:25.000Z
- Description: ASB reports a slight decline in annual profit due to increased expenses from a class action settlement amid economic uncertainties.
- Author: Centrist
- Tags: News

ASB reports a slight decline in annual profit due to increased expenses from a class action settlement amid economic uncertainties.