ANZ: Result 2013

ANZ's share price has hit an all-time high after the bank reported another record profit and raised its final dividend by 15%.

ANZ’s share price has hit an all-time high after chief executive Mike Smith handed down another record annual profit for the year ending 30 September. Underlying income increased 5% to $18.4bn, despite a fall in the overall net interest margin. By contrast, the Australian division's margin rose five basis points to 2.53%.

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