ANZ GROUP HOLDINGS LIMITED (ANZ)
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ANZ

ANZ - ANZ GROUP HOLDINGS LIMITED

FNArena Sector : Banks
Year End: September
GICS Industry Group : Banks
Debt/EBITDA: N/A
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

ANZ Bank is a multinational banking and financial services company. It is the second largest bank by assets and fourth largest bank by market capitalisation in Australia. It has been a listed company since Sept 1969.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$29.48

27 Mar
2025

0.040

OPEN

$29.19

0.14%

HIGH

$29.48

4,838,153

LOW

$29.07

TARGET
$28.452 -3.5% downside
Franking for last dividend paid out: 65%
OTHER COMPANIES IN THE SAME SECTOR
AFG . BEN . BOQ . CBA . HLI . MYS . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 218.0 233.5 xxx
DPS (cps) xxx 166.0 172.3 xxx
EPS Growth xxx - 8.0% 7.1% xxx
DPS Growth xxx - 5.1% 3.8% xxx
PE Ratio xxx N/A 12.7 xxx
Dividend Yield xxx N/A 5.8% xxx
Div Pay Ratio(%) xxx 76.2% 73.8% xxx

Dividend yield today if purchased 3 years ago: 5.96%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.60

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 13/05 - ex-div 83c (franking 65%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx218.0
DPS All xxxxxxxxxxxxxxx166.0
Sales/Revenue xxxxxxxxxxxxxxx66,096.0 M
Book Value Per Share xxxxxxxxxxxxxxx2,348.9
Net Operating Cash Flow xxxxxxxxxxxxxxx6,725.0 M
Net Profit Margin xxxxxxxxxxxxxxx9.89 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx9.38 %
Return on Invested Capital xxxxxxxxxxxxxxx2.39 %
Return on Assets xxxxxxxxxxxxxxx0.56 %
Return on Equity xxxxxxxxxxxxxxx9.38 %
Return on Total Capital xxxxxxxxxxxxxxx2.77 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1,473.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx83,022 M
Long Term Debt xxxxxxxxxxxxxxx220,615 M
Total Debt xxxxxxxxxxxxxxx303,637 M
Goodwill - Gross xxxxxxxxxxxxxxx4,421 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx117,597 M
Price To Book Value xxxxxxxxxxxxxxx1.30

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx640.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.97 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4,249 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx284,799 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.2

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxxxxx xx xxxx xxxx xxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Macquarie

21/01/2025

3

Upgrade to Neutral from Underperform

$28.00

-5.02%

Following a review of banking stocks, Macquarie has retained its underweight sector call due mainly to highly stretched valuations. Given the anaemic earnings growth outlook, the broker struggles to get bullish at current levels, even after incorporating more favourable trends. 

The broker has incorporated short-term margin trends and a better-than-expected economic backdrop which has driven pre-provision upgrades of 3-5% in FY25 and 0-3% in FY26.

In the case of ANZ, following its -8-30% relative underperformance vs peers over the last 12 months, and the unlikely risk to numbers in
FY25, Macquarie has "tactically" upgraded the bank to Neutral from an Underperform recommendation.

Target price increases to $28.0 from $26.5.

FORECAST
Macquarie forecasts a full year FY25 dividend of 166.00 cents and EPS of 230.00 cents.
Macquarie forecasts a full year FY26 dividend of 166.00 cents and EPS of 221.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Goldman Sachs

16/10/2024

-1

No Rating

-

As a result of analyst Andrew Lyons leaving the employ of Goldman Sachs, the broker is suspending research coverage of ANZ Bank.

The bank's former rating, target, and forecasts no longer apply.
Access Extra Coverage Research History >

ANZ STOCK CHART

FNArena News on ANZ

1
Australian Broker Call *Extra* Edition – Mar 27, 2025

Mar 27 2025 - Daily Market Reports
2
Clouds Are Gathering For Aussie Banks

Mar 27 2025 - Australia
3
Weekly Ratings, Targets, Forecast Changes – 21-03-25

Mar 24 2025 - Weekly Reports
4
ESG Focus: Fund Flows, Tariffs, Defence & AI

Mar 20 2025 - ESG Focus
5
Australian Broker Call *Extra* Edition – Mar 18, 2025

Mar 18 2025 - Daily Market Reports

Latest Banks News

1
Clouds Are Gathering For Aussie Banks

Mar 27 2025 - Australia
2
Australian Banks: More De-Rating Ahead?

Mar 11 2025 - Australia
3
Higher Highs Beckon For CommBank Shares

Feb 11 2025 - Technicals
4
ANZ Bank Shares Look Poised

Oct 29 2024 - Technicals
5
Australian Banks: When The End Of The Trend?

Oct 07 2024 - Feature Stories
6
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Oct 01 2024 - Technicals
7
June In Review: FY24 Another Double Digit Return

Jul 03 2024 - Australia
8
In Brief: Gas, Gold, Groceries & Aussie Banks

Jun 07 2024 - Weekly Reports
9
Better Value In Smaller Banks?

Jun 03 2024 - Small Caps
10
Australian Banks Post First Half Results: Sugar Hit

May 23 2024 - Feature Stories