ANZ Group Holdings Ltd
ANZ: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %L | LOCK|gc | LOCK|^^#!x? |
ANZ Group Earnings: Margin Pressure Highlights the Need for Cost Savings
ANZ Group's first-half fiscal 2025 profit increased 12% on the second half of last year to AUD 3.6 billion. Excluding Suncorp Bank, profit was flat. Softer net interest margins weighed on 2% loan growth. Loan impairment expenses/loans remain well below historical averages at just 0.04%.
