ANZ’s New Zealand business posts $2.28b annual profit

ANZ Group posted its second-best-ever revenue of A$20.8b. (Image: Getty)

Fri, 08 Nov 2024

ANZ’s New Zealand business posted a $2.28 billion after-tax cash profit for the year to September, up 1%, or $22.9 million, from the year prior.Statutory after-tax profit, which includes gains and losses from economic hedges, was $2b, down 2% on the prior year.The dual-listed ANZ group, which includes its Australian business, posted an after-tax profit of A$6.5b (NZ$7.21b) for the year to September, down 8% on the prior year.Group cash profit was A$6.7b, or A$6.9b when excluding its A$196m acquisition of Suncorp Bank, down 8% on...

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