Fonterra announced the sale of global consumer brands including Anchor and Mainland to a French diary company earlier this year for around 4.2 billion dollars.
It's expected to finalise the sale in the first half of 2026.
The bank's financial stability report, summarised by Parliament's Finance and Expenditure Committee, states about 3.2 billion dollars will be returned to shareholders.
The bank expects most of this will be used by farmers to pay down debt - something it labels positive for financial stability.
It's also signalling potential increased investment in farm equipment and activity in the rural land market.
