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Australia and New Zealand Banking Group

Market Cap

AU$78.1b

Last Updated

2021/05/07 08:25 UTC

Data Sources

Company Financials +

Executive Summary

Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia, New Zealand, the Asia Pacific, Europe, and the United States. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Australia and New Zealand Banking Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ANZ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ANZ's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-3.4%

ANZ

0.8%

AU Banks

-0.5%

AU Market


1 Year Return

76.4%

ANZ

63.9%

AU Banks

37.3%

AU Market

Return vs Industry: ANZ exceeded the Australian Banks industry which returned 63.9% over the past year.

Return vs Market: ANZ exceeded the Australian Market which returned 37.3% over the past year.


Shareholder returns

ANZIndustryMarket
7 Day-3.4%0.8%-0.5%
30 Day-2.4%3.9%2.3%
90 Day9.7%8.2%2.9%
1 Year82.1%76.4%68.1%63.9%41.4%37.3%
3 Year14.6%-1.4%20.7%3.7%31.1%15.3%
5 Year45.3%15.1%32.3%2.3%62.1%31.8%

Long-Term Price Volatility Vs. Market

How volatile is Australia and New Zealand Banking Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Australia and New Zealand Banking Group undervalued compared to its fair value and its price relative to the market?

15.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ANZ (A$27.75) is trading above our estimate of fair value (A$21.81)

Significantly Below Fair Value: ANZ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ANZ is poor value based on its PE Ratio (15.8x) compared to the AU Banks industry average (15.2x).

PE vs Market: ANZ is good value based on its PE Ratio (15.8x) compared to the Australian market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: ANZ is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: ANZ is overvalued based on its PB Ratio (1.3x) compared to the AU Banks industry average (0.9x).


Future Growth

How is Australia and New Zealand Banking Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

7.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANZ's forecast earnings growth (7% per year) is above the savings rate (1.9%).

Earnings vs Market: ANZ's earnings (7% per year) are forecast to grow slower than the Australian market (14% per year).

High Growth Earnings: ANZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: ANZ's revenue (5% per year) is forecast to grow slower than the Australian market (5.3% per year).

High Growth Revenue: ANZ's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ANZ's Return on Equity is forecast to be low in 3 years time (10.3%).


Past Performance

How has Australia and New Zealand Banking Group performed over the past 5 years?

-6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANZ has high quality earnings.

Growing Profit Margin: ANZ's current net profit margins (30.2%) are higher than last year (28.7%).


Past Earnings Growth Analysis

Earnings Trend: ANZ's earnings have declined by 6.7% per year over the past 5 years.

Accelerating Growth: ANZ's earnings growth over the past year (6.5%) exceeds its 5-year average (-6.7% per year).

Earnings vs Industry: ANZ earnings growth over the past year (6.5%) exceeded the Banks industry -7%.


Return on Equity

High ROE: ANZ's Return on Equity (8%) is considered low.


Financial Health

How is Australia and New Zealand Banking Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: ANZ's Assets to Equity ratio (16.3x) is moderate.

Allowance for Bad Loans: ANZ has a sufficient allowance for bad loans (172%).

Low Risk Liabilities: 71% of ANZ's liabilities are made up of primarily low risk sources of funding.

Loan Level: ANZ has an appropriate level of Loans to Assets ratio (60%).

Low Risk Deposits: ANZ's Loans to Deposits ratio (90%) is appropriate.

Level of Bad Loans: ANZ has an appropriate level of bad loans (0.4%).


Dividend

What is Australia and New Zealand Banking Group current dividend yield, its reliability and sustainability?

2.16%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 07 2021Ex Dividend DateMay 10 2021Dividend Pay DateJul 01 202152 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ANZ's dividend (2.16%) is higher than the bottom 25% of dividend payers in the Australian market (2.03%).

High Dividend: ANZ's dividend (2.16%) is low compared to the top 25% of dividend payers in the Australian market (5.25%).


Stability and Growth of Payments

Stable Dividend: ANZ's dividend payments have been volatile in the past 10 years.

Growing Dividend: ANZ's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.6%), ANZ's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ANZ's dividends in 3 years are forecast to be covered by earnings (63.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Shayne Elliott (56 yo)

5.33yrs

Tenure

AU$5,225,308

Compensation

Mr. Shayne Cary Elliott, B.Com has been Chief Executive Officer and Executive Director of Australia and New Zealand Banking Group Limited since January 1, 2016 and served as its Member of Management Board....


CEO Compensation Analysis

Compensation vs Market: Shayne's total compensation ($USD4.06M) is about average for companies of similar size in the Australian market ($USD3.45M).

Compensation vs Earnings: Shayne's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ANZ's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: ANZ's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ANZ insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Australia and New Zealand Banking Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Australia and New Zealand Banking Group Limited
  • Ticker: ANZ
  • Exchange: ASX
  • Founded: 1835
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: AU$78.113b
  • Shares outstanding: 2.83b
  • Website: https://www.anz.com.au

Number of Employees


Location

  • Australia and New Zealand Banking Group Limited
  • ANZ Centre Melbourne
  • Level 9
  • Melbourne
  • Victoria
  • 3008
  • Australia

Listings


Biography

Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia, New Zealand, the Asia Pacific, Europe, and the United States. Its Australia Retail...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 08:25
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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 here.