ANZ Group Holdings (ANZ) investor relations material

Executive summary

• Full-year 2025 results reflect significant change, with a focus on executing the ANZ 2030 strategy and integrating Suncorp Bank, which contributed to 7% revenue growth to $22.2b.

• Statutory profit declined 10% to $5.9b and cash net profit after tax fell 14% to $5.8b, mainly due to significant one-off items.

• The external environment remains complex, with global growth above recession benchmarks and Asia as a key growth engine; Australia and New Zealand remain stable but face persistent cost pressures and subdued consumer confidence.

• The bank is prioritizing customer-first initiatives, simplification, resilience, and value delivery, supported by leadership changes and technology investments.

• Dividend per share remained steady at 166 cents.

Financial highlights

• Revenue increased 7% year-on-year to $22.2b, with a full-year contribution from Suncorp Bank.

• Cash profit after tax was AUD 5.8 billion, stable year-on-year after adjusting for significant items; statutory profit declined 10% to $5.9b.

• Adjusted cash profit was AUD 6.9 billion, with a return on tangible equity of 10.5%.

• Expenses rose 11% to $11.8b, increasing the cost-to-income ratio to 53.4%.

• Final dividend per share was AUD 0.83 (70% franked), with a full-year dividend of AUD 1.66 per share.

Outlook and guidance

• Total costs are expected to decrease by approximately 3% in FY 2026 from the FY 2025 base of AUD 11.85 billion, adjusted for significant items.

• The bank targets AUD 800 million in gross cost savings for FY 2026.

• Suncorp Bank integration costs are projected at AUD 745 million, with most spend in FY 2026 and FY 2027.

• Targeting ROTE of 12% by FY28 and 13% by FY30, and cost-to-income ratio in the mid-40s percent by FY28.

• Suncorp Bank synergies of $500m per annum expected by FY29.