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 Americas.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet established dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.9%
ANZ
1.2%
AU Banks
0.4%
AU Market
1 Year Return
-1.1%
ANZ
5.3%
AU Banks
19.5%
AU Market
Return vs Industry: ANZ underperformed the Australian Banks industry which returned 3.3% over the past year.
Return vs Market: ANZ underperformed the Australian Market which returned 19.4% over the past year.
Shareholder returns
| ANZ | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | 1.2% | 0.4% |
| 30 Day | 4.7% | 4.6% | 4.4% |
| 90 Day | -7.6% | -5.5% | 5.0% |
| 1 Year | 5.1%-1.1% | 12.0%5.3% | 24.9%19.5% |
| 3 Year | 3.4%-13.0% | 6.3%-11.3% | 38.6%20.0% |
| 5 Year | 5.5%-21.5% | 11.5%-19.1% | 60.1%24.0% |
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
2 weeks ago | Simply Wall St
How Much Of Australia and New Zealand Banking Group Limited (ASX:ANZ) Do Institutions Own?1 month ago | Simply Wall St
Read This Before Buying Australia and New Zealand Banking Group Limited (ASX:ANZ) For Its Dividend1 month ago | Simply Wall St
Investors Who Bought Australia and New Zealand Banking Group (ASX:ANZ) Shares Five Years Ago Are Now Down 21%Valuation
Is Australia and New Zealand Banking Group undervalued compared to its fair value and its price relative to the market?
10.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ANZ (A$25.25) is trading below our estimate of fair value (A$29)
Significantly Below Fair Value: ANZ is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ANZ is good value based on its PE Ratio (11.7x) compared to the Banks industry average (11.7x).
PE vs Market: ANZ is good value based on its PE Ratio (11.4x) compared to the Australian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: ANZ is poor value based on its PEG Ratio (9x)
Price to Book Ratio
PB vs Industry: ANZ is overvalued based on its PB Ratio (1.2x) compared to the AU Banks industry average (1.1x).
Next Steps
Future Growth
How is Australia and New Zealand Banking Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
1.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANZ's forecast earnings growth (1.3% per year) is above the savings rate (1.1%).
Earnings vs Market: ANZ's earnings (1.3% per year) are forecast to grow slower than the Australian market (9.6% per year).
High Growth Earnings: ANZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: ANZ's revenue (1.8% per year) is forecast to grow slower than the Australian market (3.8% per year).
High Growth Revenue: ANZ's revenue (1.8% 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%).
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Past Performance
How has Australia and New Zealand Banking Group performed over the past 5 years?
-2.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANZ has a high level of non-cash earnings.
Growing Profit Margin: ANZ's current net profit margins (35%) are lower than last year (36.8%).
Past Earnings Growth Analysis
Earnings Trend: ANZ's earnings have declined by -2.1% per year over the past 5 years.
Accelerating Growth: ANZ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ANZ had negative earnings growth (-11.3%) over the past year, making it difficult to compare to the Banks industry average (-10.6%).
Return on Equity
High ROE: ANZ's Return on Equity (10.4%) is considered low.
Return on Assets
Return on Capital Employed
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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
Inventory Level: ANZ has a low level of unsold assets or inventory.
Debt Coverage by Assets: ANZ's debt is covered by short term assets (assets are 1x debt).
Financial Institutions Analysis
Asset Level: ANZ's level of assets compared to its equity is moderate.
Allowance for Bad Loans: ANZ has a sufficient allowance for bad loans.
Low Risk Liabilities: ANZ's liabilities are made up of primarily low risk sources of funding.
Loan Level: ANZ has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ANZ's loans are broadly funded by customer deposits.
Level of Bad Loans: ANZ has an appropriate level of bad loans (0.33%)
Next Steps
Dividend
What is Australia and New Zealand Banking Group's current dividend yield, its reliability and sustainability?
6.18%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ANZ's dividend (6.34%) is higher than the bottom 25% of dividend payers in the Australian market (2.34%).
High Dividend: ANZ's dividend (6.34%) is in the top 25% of dividend payers in the Australian market (5.47%)
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 increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72%), 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 (73.7% payout ratio).
Next Steps
Management
What is the CEO of Australia and New Zealand Banking Group's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Shayne Elliott (55yo)
4yrs
Tenure
AU$5,181,339
Compensation
Mr. Shayne Cary Elliott, B.Com has been Chief Executive Officer and Executive Director of Australia and New Zealand Banking Group Limited since January 1, 2016 and served as its Member of Management Board. ...
CEO Compensation Analysis
Compensation vs Market: Shayne's total compensation ($USD3.58M) is about average for companies of similar size in the Australian market ($USD3.87M).
Compensation vs Earnings: Shayne's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: ANZ's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
5.3yrs
Average Tenure
59yo
Average Age
Experienced Board: ANZ's board of directors are considered experienced (5.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Shayne Elliott (55yo)
CEO & Executive Director
- Tenure: 4yrs
- Compensation: AU$5.18m
Alexis George (55yo)
Deputy CEO & Group Executive of Wealth Australia
- Tenure: 1.7yrs
- Compensation: AU$2.23m
Mark Whelan (59yo)
Group Executive of Institutional
- Compensation: AU$3.66m
Craig Sims
Group General Manager of Operations & Services
- Tenure: 4yrs
David Fisher
Head of Technology
Antonia Watson (50yo)
Chief Executive Officer of New Zealand
- Tenure: 0.6yrs
- Compensation: AU$1.05m
Maile Carnegie (49yo)
Group Executive of Digital & Australia Transformation
- Tenure: 0.8yrs
- Compensation: AU$2.36m
Michelle Jablko (46yo)
Chief Financial Officer
- Tenure: 3.5yrs
- Compensation: AU$2.65m
Mark Hand (53yo)
Group Executive Australia Retail & Commercial Banking
- Tenure: 0.8yrs
- Compensation: AU$1.65m
Kevin Corbally (49yo)
Group Chief Risk Officer
- Tenure: 1.8yrs
- Compensation: AU$2.22m
Board Members
Paul O’Sullivan (58yo)
Independent Non-Executive Director
- Tenure: 0.2yrs
David Gonski (65yo)
Independent Chairman of the Board
- Tenure: 5.7yrs
- Compensation: AU$660.00k
Ilana Atlas (64yo)
Independent Non Executive Director
- Tenure: 5.3yrs
- Compensation: AU$296.50k
Graeme Liebelt (65yo)
Independent Non-Executive Director
- Tenure: 6.5yrs
- Compensation: AU$315.50k
JT Macfarlane (59yo)
Independent Non-Executive Director
- Tenure: 5.7yrs
- Compensation: AU$270.50k
Paula Dwyer (58yo)
Independent Non Executive Director
- Tenure: 7.8yrs
- Compensation: AU$317.00k
Shayne Elliott (55yo)
CEO & Executive Director
- Tenure: 4yrs
- Compensation: AU$5.18m
Tony Carter (61yo)
Independent Director of ANZ Bank New Zealand
Jane Halton (59yo)
Independent Non-Executive Director
- Tenure: 3.3yrs
- Compensation: AU$266.71k
John Key (58yo)
Independent Non-Executive Director
- Tenure: 1.9yrs
- Compensation: AU$249.78k
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$73.457b
- Shares outstanding: 2.84b
- Website: https://www.anz.com
Number of Employees
Location
- Australia and New Zealand Banking Group Limited
- ANZ Centre Melbourne
- Level 9
- Docklands
- Victoria
- 3008
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ANEW.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1980 |
| ANZ | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1980 |
| ANZ | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Jan 1980 |
| ANB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1980 |
| ANZ | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1980 |
| ANZB.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Dec 1994 | |
| ANB1 | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Dec 1994 | |
| ANZPC | ASX (Australian Securities Exchange) | CNV PREF NPV CPS3 DEF SETTLEMENT | AU | AUD | Sep 2011 | |
| ANZPE | ASX (Australian Securities Exchange) | FRN CNV PERP AUD100 | AU | AUD | Apr 2014 |
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 Americas. The company’s Australia Retail and Commercial division offers various products and services to consumer customers through the branch network, mortgage specialists, contact centers, self-service channels, and third party brokers, as well as offers financial planning services. It also provides banking products and financial services, including asset financing for medium to large commercial customers, agribusiness customers, small business owners, high net worth individuals, and family groups. The company’s Institutional division offers documentary trade, supply chain financing, commodity financing, cash management solutions, deposits, payments, and clearing; loan syndication, specialized loan structuring and execution, project and export finance, debt structuring and acquisition finance, and corporate advisory services, as well as loan products; and risk management services on foreign exchange, interest rates, credit, commodities, and debt capital markets. It serves governments, global institutional, and corporate customers. The company’s New Zealand division offers banking and wealth management services to consumer, and private banking and small business banking customers through its Internet and app-based digital solutions, network of branches, mortgage specialists, relationship managers, and contact centers; and traditional relationship banking and financial solutions for medium to large enterprises, and agricultural businesses. Its Pacific division offers various products and services that include retail products, and traditional relationship banking and sophisticated financial solutions. This division serves retail customers, small to medium-sized enterprises, institutional customers, and governments. The company was founded in 1835 and is based in Docklands, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/25 10:33 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/09/30 |
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.