ANZ New Zealand Reports Steady Profit Growth Amid Global Uncertainty

ANZ Group Holdings ( (AU:ANZ) ) has issued an update.

ANZ New Zealand reported a cash net profit after tax of $1,161 million for the first half of 2025, marking a 3% increase from the previous period, while statutory profit rose by 21% due to gains from economic hedges. Despite global uncertainty, the bank maintained stable revenue and managed expenses effectively, with a focus on supporting customers amid cautious consumer behavior. The company continues to invest in technology and infrastructure, with initiatives such as Agri Uplift Finance and Good Energy Agri Loan to support sustainable farming practices. The bank also enhanced its anti-fraud measures, contributing to a reduction in customer losses.

More about ANZ Group Holdings

ANZ Group Holdings is a major financial institution operating in New Zealand, providing a wide range of banking services including lending, deposits, and investment management. The company focuses on supporting the housing, business, and trading needs of New Zealand, with significant investments in technology and infrastructure to enhance its service offerings.

Average Trading Volume: 5,711,192

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$88.53B

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