ANZ Group H1 Cash Profit Rises YoY

ANZ Group Holdings reported first-half profit attributable to shareholders of A$3.65 billion, essentially flat versus A$3.64 billion a year earlier, while EPS rose slightly to 120.1 cents from 119.3 cents. Cash profit increased 6% to A$3.78 billion, indicating modest underlying improvement despite headline earnings being broadly unchanged.

Analysis

ANZ Group Holdings reported first-half profit attributable to shareholders of A$3.65 billion, essentially flat versus A$3.64 billion a year earlier, while EPS rose slightly to 120.1 cents from 119.3 cents. Cash profit increased 6% to A$3.78 billion, indicating modest underlying improvement despite headline earnings being broadly unchanged.