ANZ Group Holdings Ltd (ASX: ANZ) is in focus today after the banking group reported a statutory profit of $5.89 billion for FY25, down 10% from last year. Cash profit dropped 14% to $5.79 billion, but excluding $1.1 billion of significant items, underlying cash profit was in line with the prior year at $6.90 billion.
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What did ANZ Group Holdings report?
- Statutory profit for FY25: $5,891 million, down 10% on FY24
- Cash profit: $5,787 million, down 14% on FY24
- Cash profit excluding significant items: $6,896 million (flat on FY24)
- Common Equity Tier 1 (CET1) ratio: 12.0%
- Return on equity (RoE): 8.1%; Return on tangible equity: 8.8%
- Total dividend: 166 cents per share, partially franked at 70%
What else do investors need to know?
ANZ's result was weighed down by significant items including an ASIC settlement and restructuring charges, which totalled $1.1 billion. Excluding these, operating income rose 7% to $22.2 billion and expenses rose 11%.
The bank proposed a final dividend of 83 cents per share, in line with the first half and partially franked at 70%. A 1.5% discount applies to dividend reinvestment plans. ANZ also ceased its remaining $800 million share buy-back and will return additional surplus capital to the bank.
What did ANZ Group Holdings management say?
ANZ Chief Executive Officer Nuno Matos said:
Today's results highlight three things. First, our franchise has a strong competitive position. We have two scale markets, Australia and New Zealand, two market leading positions, our Institutional and New Zealand businesses, and a well-diversified business benefitting from our strong presence in Asia, the fastest growing economic region in the world.
Second, we have a significant opportunity to improve our performance in Australia Retail and Business & Private Bank, while extending our leadership in Institutional and New Zealand.
Third, ANZ 2030 is the right strategy to capture these opportunities.
The results we have announced today demonstrate our franchise is strong, but action is needed. We are absolutely committed to executing ANZ 2030 and are on the right path. As we deliver our strategy, we will accelerate growth and outperform the market, while delivering more for our customers.
What's next for ANZ Group Holdings?
Looking ahead, ANZ is focused on progressing its ANZ 2030 strategy, including improving productivity, embedding its leadership team and culture reset, and further integrating Suncorp Bank. The group is also prioritising improvements in non-financial risk management.
With a robust capital position, the bank anticipates using its resources to drive further investment, especially to support business transformation and deliver long-term growth for shareholders.
ANZ Group Holdings share price snapshot
Over the past 12 months, ANZ shares have risen 15%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.
