ANZ reports full year cash profit of $7.59B
Key points
- ANZ delivered a full-year cash profit of $7.59 billion, up 31% from the previous financial year.
- The bank declared an 80% franked final dividend of 83 cents per share, bringing the total payout to $1.66.
- Management stated that earnings growth was driven by disciplined expense reduction and execution under its ANZ 2030 strategy.
ANZ (ASX:ANZ) delivered a statutory profit of $7.27 billion and a cash profit of $7.59 billion for the 2026 financial year.
The result represents a 31% surge in cash profit compared to the prior year's $5.79 billion.
“We are on track to deliver both the integration of Suncorp Bank and the single customer front-end for our retail and small business customers by June 2027 and September 2027, respectively, in line with accelerated timelines announced last year,” said ANZ CEO Nuno Matos.
Operating expenses dropped 14% to $11.07 billion, while total credit provision charges rose to $582 million.
"Looking ahead, 2027 will be pivotal for ANZ. We will deliver two major transformation projects—the integration of Suncorp Bank and the single customer front-end—as well as a significant uplift and investment in capabilities through our growth initiatives," Matos added.
Following the announcement, the ANZ share price was up at $40.34.
Customer deposits increased 9% over the period to $815 billion, while net loans and advances expanded to $861 billion.
The group's Common Equity Tier 1 capital ratio finished the year at 11.99%, down four basis points from September 2025.
