ANZ GROUP HOLDINGS LIMITED (ANZ)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

ANZ

ANZ - ANZ GROUP HOLDINGS LIMITED

FNArena Sector : Banks
Year End: September
GICS Industry Group : Banks
Debt/EBITDA: N/A
Index: ASX20 | 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

$29.04

18 Jun
2025

-0.420

OPEN

$29.30

-1.43%

HIGH

$29.35

6,358,816

LOW

$29.00

TARGET
$27.252 -6.2% downside
Franking for last dividend paid out: 100%
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 218.0 227.7 xxx
DPS (cps) xxx 166.0 164.0 xxx
EPS Growth xxx - 8.0% 4.5% xxx
DPS Growth xxx - 5.1% - 1.2% xxx
PE Ratio xxx N/A 12.8 xxx
Dividend Yield xxx N/A 5.6% xxx
Div Pay Ratio(%) xxx 76.2% 72.0% xxx

Dividend yield today if purchased 3 years ago: 7.84%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.70

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

0.0

No. Of Recommendations

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

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

09/05/2025

3

Hold

$24.51

-15.60%

Morgans lowers its target price for ANZ Bank to $24.51 from $26.66, citing approaching capital tightness and lower per-share metrics. The Hold rating is maintained.

While 1H25 headline earnings beat expectations, underlying growth excluding the Suncorp Bank acquisition was flat, leading to material downgrades to the broker's forecasts for cash earnings and EPS.

Positively, asset quality remains robust, with net write-offs falling and provisioning is adequate for a downside economic scenario, according to Morgans.

The bank's CET1 ratio was 12% pro forma at end-1H25 but is under pressure due to dividend payments, DRP issuance, and a slower buyback pace, explains the analyst.

Revenue growth of 5% was below Morgans expectations, and worsening cost growth of -4% is expected to accelerate in 2H25. 

FORECAST
Morgans forecasts a full year FY25 dividend of 166.00 cents and EPS of 234.00 cents.
Morgans forecasts a full year FY26 dividend of 166.00 cents and EPS of 231.00 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

22/05/2025

2

Overweight

$30.00

3.31%

Jarden notes ANZ Bank's new CEO Nuno Matos articulated two key priorities in his first week; accelerated pace of delivery and accountability, and uplift in risk management approach.

The broker concurs but also wonders if Matos would pursue goals far greater than an IT repair job and a bank migration.

Additionally, the broker believes Matos should aim to emulate CommBank's ((CBA)) consistency, reliability and predictability approach.

Overweight. Target unchanged at $30.

FORECAST
Jarden forecasts a full year FY25 dividend of 166.00 cents and EPS of 227.80 cents.
Jarden forecasts a full year FY26 dividend of 166.00 cents and EPS of 232.30 cents.
Access Extra Coverage Research History >

ANZ STOCK CHART

FNArena News on ANZ

1
Rudi’s View: CBA, Life360, ResMed, Zip & More

3:40 PM - Rudi's View
2
ESG Focus: The Little Big Things -16-06-2025

Jun 16 2025 - ESG Focus
3
Rudi’s View: Amcor, GQG, IPH, Data#3 & Qualitas

Jun 12 2025 - Rudi's View
4
Next Week At A Glance – 9-13 Jun 2025

Jun 06 2025 - Weekly Reports
5
Rudi’s View: NextDC, QBE, Superloop & Woodside

Jun 05 2025 - Rudi's View

Latest Banks News

1
Geopolitical Hedging A Boon For CommBank

Jun 10 2025 - Australia
2
Australian Banks: Expensive Havens

Jun 02 2025 - Feature Stories
3
Australian Banks: Global Sanctuary

May 01 2025 - Australia
4
Bank Of Queensland’s Ambitions Questioned

Apr 23 2025 - Australia
5
Fintech’s Future In Australian Banking

Apr 07 2025 - Australia
6
Clouds Are Gathering For Aussie Banks

Mar 27 2025 - Australia
7
Australian Banks: More De-Rating Ahead?

Mar 11 2025 - Australia
8
Higher Highs Beckon For CommBank Shares

Feb 11 2025 - Technicals
9
ANZ Bank Shares Look Poised

Oct 29 2024 - Technicals
10
Australian Banks: When The End Of The Trend?

Oct 07 2024 - Feature Stories