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ANZ Group Holdings Limited (ASX:ANZ)

ALERT: Price-sensitive ASX Announcement for ANZ
Current share price for ANZ : $37.860 0.66 (1.77%)+
Announcement
Release
12 Feb 2026 7:30AM
Price at Release
$37.200
Full Release
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Summary
ANZ Group Holdings Limited reported a strong financial performance for the first quarter of 2026, with a statutory profit of $1.87 billion and a cash profit of $1.94 billion, which represents a 75% increase over the average of the second half of 2025. The company achieved a 1% increase in revenue and an 8% reduction in expenses, leading to improved key financial metrics, such as a rise in return on tangible equity to 11.7% and a reduction in the cost-to-income ratio to below 50%. ANZ's Common Equity Tier 1 (CET1) Ratio improved to 12.15%, indicating a robust capital position. The bank also reported progress in its ANZ 2030 strategy, focusing on productivity improvements, digital transformation, and streamlined operations. Credit quality remained strong, with low portfolio losses and a stable provision balance, while liquidity ratios were well above regulatory minimums.
Key Points
  • Statutory profit of $1.87 billion for 1Q26.
  • Cash profit increased by 75% compared to 2H25 quarterly average.
  • Revenue grew by 1% with significant expense reduction of 8%.
  • Return on tangible equity rose to 11.7%, with a cost-to-income ratio below 50%.
  • CET1 Ratio improved to 12.15%, indicating strong capital adequacy.
  • Significant progress under ANZ 2030 strategy, focusing on simplification and digital transformation.
  • Strong credit quality with low portfolio losses and stable provision balance.
  • Liquidity coverage ratio and net stable funding ratio remained well above regulatory minimums.
  • Issued $11.2 billion of term wholesale debt.
  • Ongoing focus on enhancing non-financial risk management and resilience.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.