ANZ Group Holdings Ltd
ANZ: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| rS | LOCK|$#M | LOCK|mRq?>J< |
Australian Major Banks: Resilient Earnings Despite Intense Mortgage Competition
On average, major bank share prices increased by 27% in 2024, outperforming the market by 20%. Credit growth is up on population and wages growth, and households and businesses appear more optimistic about the economic outlook as rate hikes appear less likely.
