ANZ cash profit rises 31% to A$7.59 billion on retail rebound
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Sunday, November 8, 2026
- Updated Nov 8, 2026 17:44
ANZ Group, Australia's fourth largest lender, reported full year cash profit of A$7.59 billion, up 31 percent from A$5.79 billion a year earlier and in line with the A$7.55 billion consensus, with its Australia Retail division's profit more than doubling to A$1.71 billion.
Why it matters: The result shows an Australian major bank converting higher home loan volumes and lower restructuring costs into earnings growth even as competition squeezes its net interest margin to 1.53 percent, a week after the Reserve Bank of Australia raised rates to 4.85 percent.
Data as of Reuters report of November 8, 2026 (November 9 dateline, Australia), read in full via the estate browser route; single wire source relaying ANZ's own reported results for the year ended September 30, 2026, with no independent corroboration at this hour. Developing item.
ANZ Group reported cash profit of A$7.59 billion for the year ended September 30, up 31 percent from A$5.79 billion a year earlier and in line with a Visible Alpha consensus of A$7.55 billion, as operating expenses fell 14 percent on lower restructuring charges and the absence of last year’s securities regulator settlement. The Australia Retail division drove the improvement, with annual cash profit climbing to A$1.71 billion from A$771 million on higher home loan volumes, taking divisional net loans and advances to A$280 billion from A$269 billion.
The offset was margin pressure: the net interest margin slid to 1.53 percent on competition across most divisions and the timing of Reserve Bank of Australia rate changes, the common equity tier 1 ratio slipped to 12.0 percent, and the final dividend was held at 83 Australian cents a share, matching last year’s payout.
Sources
- Australian lender ANZ reports 31% rise in full-year cash profit - Reuters, via Investing.com - 2026-11-08