ANZ Banking Group share price ASX ANZ

Australia and New Zealand Banking Group Limited (ANZ)


Australia and New Zealand Banking Group Limited is an international bank with activities in general banking mortgage and installment lending life insurance leasing hire purchase and general finance. ANZ also provides international and investment banking investment and portfolio management and advisory services nominee and custodian services stock broking and executor and trustee services.


Our Commentary: Updated 15th February 2013

ANZ released a trading update for its December quarter, reporting a 20% drop in profit to $1.36 billion.

The decline was attributed to a weak Australian market and thinning margins in New Zealand and its International and Institutional Banking Division. The firm’s unaudited quarterly cash profit climbed – more closely watched by the 6.2% from $1.49 billion in 1Q12 to $1.53 billion.

Chief Executive Officer, Mr. Mike Smith, said that “we are delivering against our strategic growth and productivity priorities. This has seen ANZ continue to perform despite soft economic conditions in Australia and New Zealand, and cautious behaviour by consumers and business.”

free trial

Shares Graph
Why Australian Stock Report?

  • We'll show you which stocks to BUY, SELL & WHY
  • How to make money in a falling market
  • How to maximise your self managed superannuation
  • We'll educate you on how to trade like a professional
  • Access to a team of expert investment analysts
  • Comprehensive Member Support hotline
There is strength in numbers - meet the team

geoff saffer

Geoff Saffer
CFA

Head of Corporate Research

chris conway

Chris Conway
LLB BEc Dip FS(FP) Dip TA(ATAA) CFTe(IFTA)

Head of Research and Trading


kel butcher

Kel Butcher

Senior Trader

benny sada

Benny Sada
BEc(Hons) MAppFin(FINSIA)

Senior Equity Analyst


adam halantas

Adam Halantas
BBus (FRM) MAppFin (FINSIA)

Research Analyst

carl capolingua

Carl Capolingua
BEc Grad Dip FP(FINSIA)

Head of Education


Australian Stock Report is located at: Level 4/419-425 Collins Street, Melbourne VIC 3000.
In providing your personal details and registering for a free trial report, you consent to Australian Stock Report communicating with you via the contact details provided by you, for the purpose of discussing the sale of subscriptions to the Australian Stock Report with you.
You acknowledge and consent that in the event that you have provided false information or misleading contact information for the purposes of the free trial registration, that ASR can terminate your free trial immediately.
Is now a good time to buy Australia and New Zealand Banking Group Limited (ANZ) shares?
asx-share-price Sign up for a FREE 7 day trial

To start your Free 7 day trial please complete your details below.

* required fields

IMPORTANT: an activation code will be sent via SMS, please enter your preferred mobile number