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 | 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

$38.46

14 Apr
2026

-0.380

OPEN

$38.90

-0.98%

HIGH

$38.96

4,918,946

LOW

$38.11

TARGET
$35.708

-0.25 change from previous day

 -7.2% downside
Franking for last dividend paid out: 70%
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 198.2 251.7 xxx
DPS (cps) xxx 166.0 168.0 xxx
EPS Growth xxx - 9.1% 27.0% xxx
DPS Growth xxx 0.0% 1.2% xxx
PE Ratio xxx N/A 15.2 xxx
Dividend Yield xxx N/A 4.4% xxx
Div Pay Ratio(%) xxx 83.8% 66.8% xxx

Dividend yield today if purchased 3 years ago: 6.92%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.34

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: 13/11 - ex-div 83c (franking 70%)

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 xxxxxxxxxxxxxxx109,155 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

-0.1

No. Of Recommendations

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

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

Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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

Morgan Stanley

07/04/2026

1

Overweight

$37.80

-1.72%

Morgan Stanley believes the outlook for the Australian economy has weakened, with rate hikes, tight fiscal policy and the global energy shock all pointing to downside risks.

The broker also notes the average return of major banks was worse than the market in March, underperforming the ASX200 and delivering average shareholder returns of -9.2%.

Recent developments could fundamentally shift operating conditions, Morgan Stanley adds, with trading multiples elevated and consensus estimates assuming earnings drivers remain favourable.

There are also early signs major bank mortgage and household deposit growth is moderating from strong levels of 2025, while over the past three months business loan growth at ANZ Bank has been flat, compared with CommBank growing at 12% in the lead among the majors.

Overweight rating. Target is $37.80. Industry view: Cautious.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 172.00 cents and EPS of 250.60 cents.
Morgan Stanley forecasts a full year FY27 dividend of 182.00 cents and EPS of 265.20 cents.

UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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

Morgans

xx/xx/xxxx

5

xxxxxxxxx xx xxxx xxxx 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

14/04/2026

2

Overweight

$35.00

-9.00%

Ahead of the bank reporting season Jarden observes volumes should be strong while initial rate rises will support net interest margins and will not hurt treasury and markets. Asset quality has been benign.

The broker suspects banks will likely promote the AI efficiency dividend but will remain cautious about revenue pressure from both agentic AI and Stablecoins. Blockchain presents a material efficiency dividend as well, the broker adds.

ANZ Bank volumes have been weak as it addresses operating performance issues and Jarden looks for updates on the integration of the Suncorp bank acquisition and progress on cost reductions. Overweight rating and $35 target.

FORECAST
Jarden forecasts a full year FY26 dividend of 166.00 cents and EPS of 252.70 cents.
Jarden forecasts a full year FY27 dividend of 168.00 cents and EPS of 272.00 cents.
Access Extra Coverage Research History >

ANZ STOCK CHART

FNArena News on ANZ

1
Australian Broker Call *Extra* Edition – Apr 14, 2026

Apr 14 2026 - Daily Market Reports
2
March In Review: Oil Price Up, Shares Down

Apr 02 2026 - Australia
3
ASIC Watch: Record $350m Penalty Haul Signals Litigation Super-Cycle

Mar 30 2026 - Australia
4
Australian Banks: Impact Of Oil Shocks And AI

Mar 25 2026 - Australia
5
Rudi’s View: Top Picks & Conviction Buys

Mar 19 2026 - Rudi's View

Latest Banks News

1
Australian Banks: Impact Of Oil Shocks And AI

Mar 25 2026 - Australia
2
February 2026 Results – The Wrap

Mar 13 2026 - Feature Stories
3
Banks Outperformed In February. What’s Next?

Mar 09 2026 - Feature Stories
4
Australian Banks: Coming Home To Roost

Nov 27 2025 - Feature Stories
5
Less Than Perfect CBA Threatens Its Premium

Nov 13 2025 - Australia
6
Australian Banks: Results Season Preview

Oct 30 2025 - Feature Stories
7
CommBank Shares Poised For A Break-Out

Oct 07 2025 - Technicals
8
The Quiet Revolution: How AI And Embedded Finance Are Rewiring Australian Money

Sep 18 2025 - Australia
9
Geopolitical Hedging A Boon For CommBank

Jun 10 2025 - Australia
10
Australian Banks: Expensive Havens

Jun 02 2025 - Feature Stories