Half Yearly Results of ANZ Shows Early Impacts of Pandemic

  • Apr 30, 2020 NZST
  • Team Kalkine
Half Yearly Results of ANZ Shows Early Impacts of Pandemic

For the six months to 31 March 2020, Australia and New Zealand Banking Group Limited (NZX: ANZ) reported statutory net profit after tax (NPAT) of NZ$ 789 million, a decline of 15% on the corresponding half in the 2019 financial year.

  • Cash NPAT stood at NZ$677 million, down 39%, reflecting a significant uplift in credit provision charges due to changes in the economic environment;
  • Total capital ratio up to 13.9%, from 13.6% as at 30 September 2019;
  • No ordinary dividend paid.

At NZST 01:23 PM, the stock was trading at $17.700 per share, down by 0.57% from its previous close.

 


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