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 Group is a multinational banking and financial services company providing retail, commercial and institutional banking across Australia, New Zealand and selected international markets.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$37.01

20 Aug
2026

-0.610

OPEN

$37.30

-1.62%

HIGH

$37.44

5,144,771

LOW

$36.86

TARGET
$35.63 -3.7% downside
Franking for last dividend paid out: 75%
OTHER COMPANIES IN THE SAME SECTOR
AFG . BEN . BOQ . CBA . HLI . MYS . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 198.2 247.3 xxx
DPS (cps) xxx 166.0 166.7 xxx
EPS Growth xxx - 9.1% 24.8% xxx
DPS Growth xxx 0.0% 0.4% xxx
PE Ratio xxx N/A 15.0 xxx
Dividend Yield xxx N/A 4.5% xxx
Div Pay Ratio(%) xxx 83.8% 67.4% xxx

Dividend yield today if purchased 3 years ago: 6.83%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.47

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: 11/05 - ex-div 83.00c (franking 75%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx198.2
DPS All xxxxxxxxxxxxxxx166.0
Sales/Revenue xxxxxxxxxxxxxxx69,538.0 M
Book Value Per Share xxxxxxxxxxxxxxx2,387.4
Net Operating Cash Flow xxxxxxxxxxxxxxx25,224.0 M
Net Profit Margin xxxxxxxxxxxxxxx8.47 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx8.36 %
Return on Invested Capital xxxxxxxxxxxxxxx1.96 %
Return on Assets xxxxxxxxxxxxxxx0.47 %
Return on Equity xxxxxxxxxxxxxxx8.36 %
Return on Total Capital xxxxxxxxxxxxxxx2.49 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx20,651.0 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx92,813 M
Long Term Debt xxxxxxxxxxxxxxx238,813 M
Total Debt xxxxxxxxxxxxxxx331,626 M
Goodwill - Gross xxxxxxxxxxxxxxx4,165 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx132,549 M
Price To Book Value xxxxxxxxxxxxxxx1.39

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx453.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.65 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx5,482 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx317,849 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

0.3

No. Of Recommendations

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

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

4

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

14/08/2026

1

Overweight

$35.50

(17/08/2026)

-4.08%

Morgan Stanley found the trading update from ANZ Bank should ease concerns around the impact of current headwinds on revenue and increase confidence in cost controls.

Excluding the NZ class action provision, cash profit was above the broker's estimates in the third quarter. Underlying expense trends were also better than forecast and the bank has confirmed it is on track to meet its key targets.

The slowdown in mortgages also appears less than the other major banks. Overweight retained. Target is $34.50. Industry view is Cautious.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 166.00 cents and EPS of 243.90 cents.
Morgan Stanley forecasts a full year FY27 dividend of 166.00 cents and EPS of 246.70 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

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

17/08/2026

2

Overweight

$35.50

-4.08%

Jarden retains an Overweight rating for ANZ Bank alongside a $35.50 target price following a largely in-line third-quarter trading update.

Cash net profit after tax reached $1.9bn to represent 49% of second-half projections, while flat revenue performance accompanied a 2% lift across net interest income driven by volume growth and a 1bp net interest margin expansion to 1.54%.

Third-quarter mortgage application values held broadly flat quarter-on-quarter due to participation in the 5% Deposit Scheme, although excluding this initiative, application values experienced a -5% decline.

Operating expenses lifted 1% on productivity benefits, with the analyst highlighting no changes to existing FY26 cost guidance forecasting a -5% reduction versus FY25 excluding significant items.
Access Extra Coverage Research History >

ANZ STOCK CHART

FNArena News on ANZ

1
Australian Broker Call *Extra* Edition – Aug 17, 2026

Aug 17 2026 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Aug 13, 2026

Aug 13 2026 - Daily Market Reports
3
Next Week At A Glance – 10-14 Aug 2026

Aug 07 2026 - Weekly Reports
4
Rudi’s View: That’s The Way Markets Crumble

Aug 06 2026 - Rudi's View
5
July In Review: Australia Beats AI & The USA

Aug 05 2026 - Australia

Latest Banks News

1
Rudi’s View: TechOne, Banks & Wesfarmers

Jul 30 2026 - Rudi's View
2
ANZ Bank Shares Eyeing $40 Yet Again

Jul 28 2026 - Technicals
3
In Brief: AFG, Lifestyle Communities, Mastermyne

Jun 26 2026 - Weekly Reports
4
Australian Banks, Bad Debts And The Budget

May 20 2026 - Feature Stories
5
Australian Banks: Impact Of Oil Shocks And AI

Mar 25 2026 - Australia
6
February 2026 Results – The Wrap

Mar 13 2026 - Feature Stories
7
Banks Outperformed In February. What’s Next?

Mar 09 2026 - Feature Stories
8
Australian Banks: Coming Home To Roost

Nov 27 2025 - Feature Stories
9
Less Than Perfect CBA Threatens Its Premium

Nov 13 2025 - Australia
10
Australian Banks: Results Season Preview

Oct 30 2025 - Feature Stories