ANZ Group Holdings Limited Analysis

Overview

ANZ traces its origins to the Bank of Australasia, which opened its first office in Sydney in 1835 having been originally established in the United Kingdom by Royal Charter that year. The bank established a Melbourne office in 1838, where ANZ's world headquarters is located today at 833 Collins Street, Melbourne.

ANZ presently operates in more than 32 markets across Australia, New Zealand, Asia, Pacific, Europe, America and the Middle East. It provides a wide range of products and services, principally comprising banking, financial markets and other financial products and services for retail (personal and private bank) and business (small and medium business, corporate and institutional) customers. ANZ’s main business divisions comprise Australia Retail (servicing retail customers across Australia), Commercial (servicing business and private banking customers across Australia), Institutional (servicing global institutional and business customers across multiple markets) and New Zealand (servicing retail and commercial/business customers across New Zealand).

Performance

The following information was extracted from ANZ Group Holdings Limited's Half year results, released 8 May 2025

• ANZ today announced a Statutory Profit after tax for the half year ended 31 March 2025 of $3,642 million, up 16% on the previous half.
• Cash Profit' was $3,568 million, up 12% on the previous half.
• ANZ's Common Equity Tier 1 Ratio was 11.8% and Cash Return on Equity was 10.2%
• The proposed Interim Dividend is 83 cents per share, partially franked at 70%

CEO commentary

ANZ Chief Executive Officer Shayne Elliott said: "Our strong performance has again been driven by our continued momentum across each of our divisions, demonstrating the benefits of a stable, consistent strategy combined with sensible, targeted investment.

We have delivered record half year revenues. This highlights both the strength of our franchise and the step change in our earnings from the inclusion of the first full half of Suncorp Bank's earnings."