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

$32.89

17 Sep
2025

0.110

OPEN

$32.66

0.34%

HIGH

$32.91

4,943,030

LOW

$32.59

TARGET
$29.737 -9.6% 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 218.0 217.3 xxx
DPS (cps) xxx 166.0 152.8 xxx
EPS Growth xxx - 8.0% - 0.3% xxx
DPS Growth xxx - 5.1% - 8.0% xxx
PE Ratio xxx N/A 15.1 xxx
Dividend Yield xxx N/A 4.6% xxx
Div Pay Ratio(%) xxx 76.2% 70.3% xxx

Dividend yield today if purchased 3 years ago: 7.05%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.04

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

-0.3

No. Of Recommendations

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

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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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

16/09/2025

5

Sell

$26.50

-19.43%

UBS notes ANZ Bank's new CEO Nuno Matos is moving quickly to address regulatory overhangs, sequence reforms vs shareholder returns, and reset operational capabilities, especially retail banking.

The bank admitted to breaches in global markets and misconduct issues, settling with ASIC for -$240m penalty. It already has an enforceable undertaking with APRA with -$250m operational risk capital outlay.

The -$150m remediation spend in FY26 will be funded by pushing back other initiatives, so it is not an incremental cost, the broker reckons.

The broker is looking ahead to Oct 13 strategy day for answers around the revenue impact of job cuts, lower credit provisioning vs peers, and dividend and capital base.

Sell. Target unchanged at $26.50.

FORECAST
UBS forecasts a full year FY25 dividend of 125.00 cents and EPS of 227.00 cents.
UBS forecasts a full year FY26 dividend of 150.00 cents and EPS of 227.00 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

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

17/09/2025

2

Overweight

$30.00

-8.79%

Jarden notes ANZ Bank is paying -$240m penalty to ASIC after settling five non-financial risk management matters across markets and retail banking. 

Separately, the broker notes the bank's MD for markets left, effectively immediately, and the chief risk officer was transferred to the position of MD for institutional capital management.

The broker also highlights three key changes since CEO Nuno Matos joined the bank on 12 May, including leadership changes, regulatory settlement, and job cuts.

Overall, the broker's view is Matos' reset is bold, but credibility will hinge on sustainable revenue growth alongside cost discipline. This also means consensus upgrades are possible if the ambitious targets are set and delivered.

FY25 EPS forecast cut by -3% to reflect the ASIC penalty.

Overweight. Target unchanged at $30.

FORECAST
Jarden forecasts a full year FY25 dividend of 166.00 cents and EPS of 220.40 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

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