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IN PICTURES: ANZ’s half-year profit

ANZ’s simplification strategy has driven the bank to a solid interim profit, highlighted by growth in the bank’s share of the home-loan market. 

Costs also fell; marking the fourth-consecutive half expenses had fallen, while capital rose. 

ANZ posted a cash profit of $A3.49 billion in the six months to May, a 4.1 per cent rise on the previous corresponding period.

"ANZ’s simplification strategy has driven the bank to a solid interim profit.” 

Statutory profit after tax for the same period rose 14 per cent to $A3.32 billion and the bank’s CET capital ratio was 11 per cent.

Below, we present the headline stats in an easy to follow format.

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Jill Campbell is Head of Investor Relations at ANZ

The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.

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