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In pictures: ANZ’s 2019 half-year result

Solid results from institutional banking, New Zealand and cost control have offset tough operating conditions, particularly in Australian retail banking, in ANZ’s half-year result.

ANZ posted a 2 per cent increase in cash profit during the half year to $A3.56 billion and held the interim dividend steady at A80c.

Cost control was a highlight with absolute expenses down for another half. Since the end of 2015, ANZ has absorbed inflation each year while also reducing the cost of running the bank by approximately $A250 million, even when excluding divestments.

The bank also continue to deliver a strong capital position and earnings-per-share growth.

You can see highlights of the results below.

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Melissa Currie is Visual Production Editor at bluenotes

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