In pictures: ANZ’s 2019 half-year result

Melissa Currie

Creative Content Producer, bluenotes

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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