INFOGRAPHIC: ANZ’s 2020 half-year result

ANZ has lodged its first-half result for 2020 today including a cash profit of $A1.41 billion down 60 per cent on the same period last year. The Board has deferred a decision on its interim dividend until August in order to gain more clarity on the emerging economic environment.

This decline in profit reflects a significant increase in credit provision charges to $A1.674 billion primarily to increase credit reserves for COVID-19 impacts ($A1.031 billion). Additionally, the valuation of investments in two Asian associates (in Indonesia and Malaysia) were impaired by $A815 million, largely due to the impact COVID-19 is having in those markets.

The bank’s capital position was above the Australian Prudential Regulation Authority’s (APRA) ‘unquestionably strong’ measure at 10.8 per cent. Earnings-per-share decreased 60 per cent to A49.9 cents.

You can see key aspects of the results in the infographic below.

Click image to zoom Tap image to zoom

Click image to zoom Tap image to zoom

Click here for full-screen

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.

editor's picks

30 Apr 2020

FULL COVERAGE: ANZ’s half-year 2020 result

bluenotes contributors |

Everything you need to know about ANZ’s 2020 half-year result in one place.

30 Apr 2020

Elliott: dealing with uncertainty from a position of strength

Andrew Cornell | Past Managing Editor, bluenotes

CEO says bank’s work coming into the crisis and past experience holds it in good stead to help customers and economy through the pandemic.