ANZ Group Holdings (ANZ) Stock Overview
Engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
ANZ Community Fair Values
Create NarrativeSee what 165 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
AU$32.18
FV
11.7% overvalued intrinsic discount6.49%
Revenue growth p.a.
11
users have viewed this narrative0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
ANZ Group Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$35.95 |
| 52 Week High | AU$41.00 |
| 52 Week Low | AU$29.64 |
| Beta | 0.57 |
| 1 Month Change | 4.17% |
| 3 Month Change | -4.72% |
| 1 Year Change | 19.36% |
| 3 Year Change | 41.20% |
| 5 Year Change | 30.02% |
| Change since IPO | 5,229.23% |
Recent News & Updates
New Narrative • Jul 11
Is ANZ Holding Your Interest?
At A$32.162 per share, ANZ (ASX: ANZ) appears reasonably valued based on its current operating performance. Cash earnings per share were 126.1 cents for the six months to 31 March 2026; annualising this figure implies approximately 252 cents per share and a price-to-earnings multiple of around 12.8 times.
Narrative Update • Jun 24
ANZ: Saturday Branch Push And Suncorp Integration Will Shape Mortgage And Wealth Outlook
Analysts have slightly reduced their fair value estimate for ANZ Group Holdings. The updated price target has moved from A$35.74 to A$35.55 as they modestly adjust assumptions around the discount rate, revenue growth, profit margin and forward P/E expectations.Analysis Article • Jun 16
ANZ (ASX:ANZ) Shares Could Be 2.6% Undervalued After Suncorp Integration And Wealth Push
ANZ Group Holdings (ASX:ANZ) is drawing fresh attention after highlighting its push into private wealth and high net worth banking, as well as the integration of Suncorp Bank and upcoming investor focused financial events. See our latest analysis for ANZ Group Holdings. Recent news around ANZ Group Holdings, including its emphasis on private wealth, the Suncorp Bank integration and upcoming dividend and trading updates, comes as the share price sits at A$34.81. Short term share price returns...Recent updates
New Narrative • Jul 11
Is ANZ Holding Your Interest?
At A$32.162 per share, ANZ (ASX: ANZ) appears reasonably valued based on its current operating performance. Cash earnings per share were 126.1 cents for the six months to 31 March 2026; annualising this figure implies approximately 252 cents per share and a price-to-earnings multiple of around 12.8 times.Narrative Update • Jun 24
ANZ: Saturday Branch Push And Suncorp Integration Will Shape Mortgage And Wealth Outlook
Analysts have slightly reduced their fair value estimate for ANZ Group Holdings. The updated price target has moved from A$35.74 to A$35.55 as they modestly adjust assumptions around the discount rate, revenue growth, profit margin and forward P/E expectations.Analysis Article • Jun 16
ANZ (ASX:ANZ) Shares Could Be 2.6% Undervalued After Suncorp Integration And Wealth Push
ANZ Group Holdings (ASX:ANZ) is drawing fresh attention after highlighting its push into private wealth and high net worth banking, as well as the integration of Suncorp Bank and upcoming investor focused financial events. See our latest analysis for ANZ Group Holdings. Recent news around ANZ Group Holdings, including its emphasis on private wealth, the Suncorp Bank integration and upcoming dividend and trading updates, comes as the share price sits at A$34.81. Short term share price returns...Narrative Update • Jun 04
ANZ: Broker Views Balance Suncorp Integration Progress And Merchant Venture Uncertainty
Analysts have trimmed their fair value estimate for ANZ Group Holdings to about A$35.74 from A$36.20, reflecting slightly softer revenue growth and profit margin assumptions, along with a modestly lower future P/E multiple. Analyst Commentary Recent Street research on ANZ Group Holdings reflects a mix of optimism and caution, with views split between those who see room for further value creation and those who are more measured given current revenue assumptions and valuation.Narrative Update • May 13
ANZ: Mixed Broker Views And Merchant Venture Review Will Shape Outlook
Narrative Update on ANZ Group Holdings The analyst price target for ANZ Group Holdings has been adjusted slightly lower to A$36.20 from A$36.66 as analysts factor in a higher discount rate, a modestly higher future P/E assumption, and recent mixed views on revenue trends and valuation following a downgrade to Neutral and a separate upgrade in coverage. Analyst Commentary Recent research on ANZ Group reflects a split view, with some analysts more constructive on the stock following a rating upgrade and others turning cautious after a downgrade tied to revenue trends and valuation.Narrative Update • Apr 26
ANZ: Mixed Broker Views And Merchant Venture Outcome Will Guide Future Balance
ANZ Group Holdings' analyst fair value estimate has shifted slightly lower to A$36.66 from A$37.07, as analysts factor in updated assumptions for discount rates, revenue growth, profit margins, and a marginally lower future P/E multiple, following mixed recent broker views including a downgrade to Neutral with an A$38.14 price target. Analyst Commentary Recent research shows a mix of optimism and caution around ANZ Group Holdings, which is feeding directly into updated fair value work and price targets.Narrative Update • Apr 10
ANZ: Mixed Broker Views And Payments JV Review Will Shape Forward Balance
Narrative Update on ANZ Group Holdings The analyst price target for ANZ Group Holdings has been adjusted marginally to A$37.07 from A$37.07 as analysts factor in slightly lower revenue growth and profit margin assumptions, along with a modestly reduced discount rate and a small uptick in future P/E, following mixed recent research views including a Neutral stance with an A$38.14 target. Analyst Commentary Recent research on ANZ Group Holdings shows a mix of optimism and caution, with some analysts adjusting ratings and targets as they reassess the balance between growth prospects, revenue headwinds and current valuation.Narrative Update • Mar 27
ANZ: Mixed Broker Views And Payments JV Outcome Will Shape Forward Fairness
The analyst price target for ANZ Group Holdings has shifted slightly lower to around A$37.07. Analysts point to modest adjustments to revenue growth assumptions and the forward P/E multiple, partly offset by a slightly higher profit margin outlook and recent mixed broker views, including a downgrade to Neutral at A$38.14.Narrative Update • Mar 13
ANZ: Regulatory Fines And Earnings Quality Will Shape Forward Fairness
Narrative Update on ANZ Group Holdings The analyst fair value estimate for ANZ Group Holdings has edged up by A$0.05 to A$37.60, with analysts citing slightly higher assumed revenue growth and a modestly lower discount rate as key inputs behind the revised price target. Analyst Commentary Recent analyst discussion around ANZ Group Holdings has centered on how valuation stacks up against execution risks and earnings quality, even though most of the detailed rating and target moves available relate to a different stock.Narrative Update • Feb 26
ANZ: Regulatory Penalties And Earnings Assumptions Will Shape Future Fairness
Narrative Update on ANZ Group Holdings Analysts have lifted their fair value estimate for ANZ Group Holdings to A$37.55 from A$35.92, citing modest adjustments to revenue growth, profit margin assumptions, and a slightly higher forward P/E multiple in their refreshed models. Analyst Commentary Recent research updates on large listed companies point to a mixed backdrop, with some analysts lifting price targets and others trimming them or turning more cautious.Narrative Update • Feb 09
ANZ: Regulatory Penalties And Earnings Assumptions Will Guide Future Outcomes
Analysts have made a small upward adjustment to their fair value estimate for ANZ Group Holdings, lifting the implied price target from about A$35.88 to roughly A$35.92. This reflects updated assumptions around discount rate, revenue growth, profit margins and future P/E, which are similar in spirit to recent sector research where modest target changes are tied to refined earnings and return expectations rather than a major shift in outlook.Narrative Update • Jan 24
ANZ: Regulatory Penalties And Earnings Assumptions Will Shape Future Performance
Narrative update on ANZ Group Holdings Analysts have lifted their fair value estimate for ANZ Group Holdings by A$0.67 to A$35.88, citing slightly lower assumed discount rates, a modest adjustment to revenue growth, a small uplift in profit margin expectations, and a higher forward P/E multiple. Analyst Commentary Recent analyst commentary on ANZ Group Holdings, while not directly referenced in the street research items provided, helps frame how the higher fair value estimate can fit into a broader debate around valuation, growth expectations, and execution risk.Narrative Update • Jan 09
ANZ: Regulatory Penalties And Governance Changes Will Shape Resilient Future Performance
Analysts have nudged their price target for ANZ Group Holdings slightly lower to about A$35.21 from A$35.24, reflecting updated views on discount rates, revenue growth, profit margins and future P/E assumptions. Analyst Commentary Analysts are using the updated A$35.21 price target to refine how they think about ANZ Group Holdings on both the upside and downside, with views anchored in discount rate assumptions, revenue trends, profit margins and future P/E expectations.Narrative Update • Dec 15
ANZ: Cost Discipline And Capital Returns Will Support Resilient Future Performance
Analysts have modestly increased their price target for ANZ Group Holdings by approximately $0.07, citing slightly stronger long term revenue growth expectations and a marginally lower discount rate that more than offset a flat profit margin outlook and only a small uptick in the assumed future P/E multiple. Analyst Commentary Street research sentiment around ANZ Group Holdings appears cautiously constructive, with recent valuation tweaks reflecting a balance between supportive macro trends and pockets of execution risk.Narrative Update • Nov 27
ANZ: Profit Margins And Cost Controls Will Drive Performance Amid Sector Challenges
Analysts have increased their price target for ANZ Group Holdings to $35.17 from $34.24, citing improved profit margins and expectations for continued operational efficiency, even though revenue growth forecasts are slightly slower. Analyst Commentary Recent research updates reflect a mix of optimism and caution regarding ANZ Group Holdings' prospects.Narrative Update • Nov 07
ANZ: Earnings Stability And Cost Pressures Will Shape Performance Ahead
Analysts have raised the fair value estimate for ANZ Group Holdings slightly to $34.24 from $33.91. They cited stable profit margins, a marginally higher discount rate, and updated industry comparisons supporting the adjustment.Narrative Update • Oct 24
Cost Cuts And Efficiency Moves Will Improve Margins Despite Near-Term Uncertainty
Analysts have raised their price target for ANZ Group Holdings from $31.71 to $33.91 per share. They cite improved profit margins and a brighter long-term outlook, despite slightly lower revenue growth projections.Narrative Update • Oct 10
Suncorp Acquisition And AI Initiatives Will Improve Future Efficiency And Customer Engagement
Analysts have raised their price target for ANZ Group Holdings from $31.23 to $31.71. They cited small improvements in profit margin and a slightly lower discount rate as factors supporting the increased valuation.Narrative Update • Sep 26
Suncorp Acquisition And AI Initiatives Will Improve Future Efficiency And Customer Engagement
With no material changes in either future P/E (16.04x) or consensus revenue growth (4.7%), ANZ Group Holdings’ fair value estimate was only marginally increased, with the analyst price target rising slightly from A$30.87 to A$31.23. What's in the News ANZ has reached an agreement with ASIC to resolve five regulatory matters, incurring total penalties of $240 million relating to Treasury Bond execution, inaccurate bond data reporting, failure to pay acquisition bonus interest, mishandling customer hardship notices, and breaches concerning deceased estates.Narrative Update • Sep 11
Suncorp Acquisition And AI Initiatives Will Improve Future Efficiency And Customer Engagement
The consensus price target for ANZ Group Holdings was raised primarily due to a slight improvement in net profit margin, with fair value now at A$30.87. What's in the News ANZ Group Holdings is reportedly considering bidding for HSBC’s Australian retail banking arm, which could be sold for several billion dollars and includes approximately $40 billion of loans and $30 billion of deposits.Narrative Update • Aug 27
Suncorp Acquisition And AI Initiatives Will Improve Future Efficiency And Customer Engagement
The upward revision in ANZ Group Holdings’ price target is primarily underpinned by modest improvements in forecast revenue growth and a slightly higher forward P/E multiple, resulting in a new consensus analyst price target of A$29.51. What's in the News ANZ Group Holdings is reportedly among potential bidders for HSBC's Australian retail banking business, which is expected to sell for billions of dollars.
New Narrative • Nov 24
Innovation In Digital Banking And Calculated Acquisitions Boost Growth And Margins
Successful Suncorp acquisition and platform innovations expected to enhance revenue, market share, and net margins through increased efficiency and cost savings.Shareholder Returns
| ANZ | AU Banks | AU Market | |
|---|---|---|---|
| 7D | 0.2% | 1.5% | 0.05% |
| 1Y | 19.4% | 1.1% | 1.3% |
Return vs Industry: ANZ exceeded the Australian Banks industry which returned 1.1% over the past year.
Return vs Market: ANZ exceeded the Australian Market which returned 1.3% over the past year.
Price Volatility
| ANZ volatility | |
|---|---|
| ANZ Average Weekly Movement | 3.0% |
| Banks Industry Average Movement | 3.4% |
| Market Average Movement | 9.4% |
| 10% most volatile stocks in AU Market | 16.6% |
| 10% least volatile stocks in AU Market | 3.8% |
Stable Share Price: ANZ has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: ANZ's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1835 | 40,072 | Nuno Goncalo de Macedo E de Almeida Matos | www.anz.com.au |
ANZ Group Holdings Limited engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally. The company operates through three segments: Personal, Business & Agri, and Institutional. It offers banking and wealth management services to consumer and private banking customers; banking services to small and medium enterprises, and the agricultural business.
ANZ Group Holdings Limited Fundamentals Summary
| ANZ fundamental statistics | |
|---|---|
| Market cap | AU$108.79b |
| Earnings (TTM) | AU$5.90b |
| Revenue (TTM) | AU$21.52b |
18.4x
P/E Ratio1.5x
P/B RatioIs ANZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ANZ income statement (TTM) | |
|---|---|
| Revenue | AU$21.52b |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$21.52b |
| Other Expenses | AU$15.62b |
| Earnings | AU$5.90b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Nov 08, 2026
| Earnings per share (EPS) | 1.96 |
| Gross Margin | 100.00% |
| Net Profit Margin | 27.42% |
| Debt/Equity Ratio | 379.2% |
How did ANZ perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield84%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/15 08:25 |
| End of Day Share Price | 2026/07/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ANZ Group Holdings Limited is covered by 23 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Craig Stafford | Barrenjoey Markets Pty Limited |
| Jonathan Mott | Barrenjoey Markets Pty Limited |