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 | 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

$29.07

26 May
2025

0.000

OPEN

$29.07

0.000

HIGH

$29.07

0

LOW

$29.07

TARGET
$27.252 -6.3% 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: 6.48%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.71

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

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

09/05/2025

3

Neutral

$30.00

3.20%

UBS assesses ANZ Bank's 1H25 result is broadly in line with the broker's forecast at the headline level, with cash profit (NPAT) of $3.56bn, EPS of 117c, and an interim dividend of 83c.

The broker notes performance across divisions was mixed: Retail earnings declined -13% half-on-half due to lower non-interest income and rising impairments; Commercial NPAT was -3.2%; and Institutional earnings rose 3.3% driven by volume growth.

While the result met consensus forecasts, weaker CET1 capital and softer revenue offset positive cost and bad debt outcomes, explain the analysts.

UBS cuts its cash earnings forecasts by -2.3% in FY25, -0.6% in FY26, and -0.4% in FY27, citing lower net interest margins and softer non-interest income.

The broker's operating costs estimates were slightly improved, but credit loss forecasts rose modestly for outer years.

UBS lowers its price target to $30 from $31 and retains a Neutral rating. 

FORECAST
UBS forecasts a full year FY25 dividend of 166.00 cents and EPS of 227.00 cents.
UBS forecasts a full year FY26 dividend of 170.00 cents and EPS of 232.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$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

22/05/2025

2

Overweight

$30.00

3.20%

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: Rate Cut Winners & AI Beneficiaries

May 22 2025 - Rudi's View
2
Australian Broker Call *Extra* Edition – May 22, 2025

May 22 2025 - Daily Market Reports
3
Rudi’s View: 30 For ’30 & Best Buy Convictions

May 15 2025 - Rudi's View
4
Australian Broker Call *Extra* Edition – May 13, 2025

May 13 2025 - Daily Market Reports
5
FNArena Corporate Results Monitor – 09-05-2025

May 09 2025 - Australia

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