ANZ delivers record $11bn in revenues in half-year | Australian Markets

One of Australia’s greatest banks has delivered record revenues in its latest half-year earnings report.

ANZ, the ASX-listed $89bn financial giant, reported $10.99bn in revenues for the six months ending on March 31, 2025, a record high and a 5 per cent raise from the prior six months.

It additionally delivered a 16 per cent soar in internet income to $3.64bn.

The market had anticipated income to hit $3.44bn.

ANZ acquired Suncorp Bank for $4.9bn in the center of 2024 and Thursday’s outcomes mirrored the primary full inclusion of Suncorp’s earnings.

Return on equity, which measures how successfully a bank squeezes income from money invested by shareholders, lifted 0.94 factors to 10.2 per cent.

But internet curiosity margin, a key measure of bank profitability, dipped from 2.44 per cent to 1.56 per cent.

The bank introduced a dividend of 83 cents per share.

Outgoing ANZ CEO Shayne Elliott celebrated the outcomes and mentioned the bank was “well placed to navigate ongoing volatility”.

“We have delivered record half year revenues,” he mentioned.

“This highlights both the strength of our franchise and the step change in our earnings from the inclusion of the first full half of Suncorp Bank’s earnings.

“As I hand over to our incoming CEO Nuno Matos, the bank is well placed for the future.

“Our strong balance sheet, along with our diversified portfolio, leave the bank well placed to navigate ongoing volatility.”

Mr Elliott ran the bank for 9 years and Mr Matos, previously the CEO of HSBC’s the wealth and personal banking division, will take control of ANZ from right this moment.

Loans and deposits additionally superior over the period.

Gross loans have been $824bn on the finish of March, a 2 per cent raise from the prior six months, whereas buyer deposits will increase 6 per cent to $756.6bn.

Australian households have remained “remarkably robust and resilient”, Mr Elliott mentioned, and have been effectively positioned to navigate uncertainty.

“While initial interest rate relief was welcomed by retail and commercial customers, we know many continue to face challenges,” he mentioned.

“Generally households remain remarkably robust and resilient, with strong balance sheets the norm for our customers in both Australia and New Zealand.

“For those who need assistance, our teams ready to help with tailored support.”

Average Australian home loan sizes have been $354,000 for the half-year, an increase from $331,000 recorded in first-half of the 2024 financial yr and $302,000 in 2023.

First home patrons accounted for 9 per cent of loans, in comparison with 8 per cent in 2024 and seven per cent in 2023.

Borrowers 90 days in arrears was much less than 1 per cent.

The 197-year-old bank, which operates in Australia, New Zealand and internationally, counts some 11 million prospects throughout the retail, business and institutional sectors.

It employs more than 43,000 people, with 21,500 of them in Australia.

Personnel bills accounted for $3.3bn from its complete $5.7bn expense invoice over the period.

Shares in the bank fell 2 per cent in mid-morning trade to $29.38.