OTCPK:ANEW.F

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Australia and New Zealand Banking Group

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.


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: ANEW.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.4%

ANEW.F

3.1%

US Banks

0.5%

US Market


1 Year Return

-25.3%

ANEW.F

-15.2%

US Banks

18.7%

US Market

Return vs Industry: ANEW.F underperformed the US Banks industry which returned -15.2% over the past year.

Return vs Market: ANEW.F underperformed the US Market which returned 18.7% over the past year.


Shareholder returns

ANEW.FIndustryMarket
7 Day5.4%3.1%0.5%
30 Day-2.5%5.7%4.9%
90 Day36.0%20.1%19.8%
1 Year-25.3%-25.3%-12.2%-15.2%21.2%18.7%
3 Year-45.2%-45.2%-7.2%-14.8%46.2%36.8%
5 Year-36.6%-36.6%20.9%6.0%85.3%65.1%

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

No news available

Valuation

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

11.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ANEW.F ($13.08) is trading above our estimate of fair value ($11.7)

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


Price To Earnings Ratio

PE vs Industry: ANEW.F is poor value based on its PE Ratio (11.2x) compared to the US Banks industry average (10x).

PE vs Market: ANEW.F is good value based on its PE Ratio (11.2x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: ANEW.F is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: ANEW.F's PB Ratio (0.9x) is in line with the US Banks industry average.


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 14 analysts?

19.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANEW.F's forecast earnings growth (19.6% per year) is above the savings rate (2.2%).

Earnings vs Market: ANEW.F's earnings (19.6% per year) are forecast to grow slower than the US market (24.1% per year).

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

Revenue vs Market: ANEW.F's revenue (4% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: ANEW.F's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ANEW.F's Return on Equity is forecast to be low in 3 years time (9.1%).


Next Steps

Past Performance

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

-3.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANEW.F has a high level of non-cash earnings.

Growing Profit Margin: ANEW.F's current net profit margins (28.7%) are lower than last year (34.9%).


Past Earnings Growth Analysis

Earnings Trend: ANEW.F's earnings have declined by 3.6% per year over the past 5 years.

Accelerating Growth: ANEW.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ANEW.F had negative earnings growth (-26.9%) over the past year, making it difficult to compare to the Banks industry average (-2.9%).


Return on Equity

High ROE: ANEW.F's Return on Equity (7.6%) is considered low.


Next Steps

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: ANEW.F's Assets to Equity ratio (18.7x) is moderate.

Allowance for Bad Loans: ANEW.F has a sufficient allowance for bad loans (180%).

Low Risk Liabilities: 65% of ANEW.F's liabilities are made up of primarily low risk sources of funding.

Loan Level: ANEW.F has an appropriate level of Loans to Assets ratio (57%).

Low Risk Deposits: ANEW.F's Loans to Deposits ratio (93%) is appropriate.

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


Next Steps

Dividend

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

8.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ANEW.F's dividend (8.63%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: ANEW.F's dividend (8.63%) is in the top 25% of dividend payers in the US market (4.31%)


Stability and Growth of Payments

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

Growing Dividend: ANEW.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.3%), ANEW.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ANEW.F's dividends in 3 years are forecast to be covered by earnings (50.7% payout ratio).


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Shayne Elliott (56 yo)

4.58yrs

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 ($USD3.71M) is below average for companies of similar size in the US market ($USD11.30M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Shayne Elliott
CEO & Executive Director4.58yrsAU$5.18m0.010%
A$ 3.9m
Michelle Jablko
Chief Financial Officer4.08yrsAU$2.65m0.0090%
A$ 3.4m
Mark Whelan
Group Executive of Institutionalno dataAU$3.66mno data
Mark Hand
Group Executive Australia Retail & Commercial Banking1.42yrsAU$1.65m0.000030%
A$ 11.3k
Alexis George
Deputy CEO & Group Executive of Wealth Australia2.25yrsAU$2.23m0.00020%
A$ 75.2k
Maile Carnegie
Group Executive of Digital & Australia Transformation1.42yrsAU$2.36m0.00011%
A$ 41.4k
Kevin Corbally
Group Chief Risk Officer2.42yrsAU$2.22m0.000050%
A$ 18.8k
Antonia Watson
Chief Executive Officer of New Zealand1.17yrsAU$1.05m0.0017%
A$ 628.2k
Craig Sims
Group General Manager of Operations & Services4.58yrsno datano data
David Fisher
Head of Technologyno datano datano data
Lynwen Connick
Chief Information Security Officerno datano datano data
Jill Campbell
Group General Manager of Investor Relationsno datano datano data

2.3yrs

Average Tenure

52yo

Average Age

Experienced Management: ANEW.F's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shayne Elliott
CEO & Executive Director4.58yrsAU$5.18m0.010%
A$ 3.9m
Paul O'Sullivan
Independent Non-Executive Director0.75yrno data0.00014%
A$ 52.7k
David Gonski
Independent Chairman of the Board6.25yrsAU$660.00k0.0011%
A$ 417.5k
Ilana Atlas
Independent Non Executive Director5.92yrsAU$296.50k0.00051%
A$ 191.8k
Graeme Liebelt
Independent Non-Executive Director7.08yrsAU$315.50k0.00072%
A$ 270.8k
John Macfarlane
Independent Non-Executive Director6.25yrsAU$270.50kno data
Paula Dwyer
Independent Non Executive Director8.33yrsAU$317.00k0.00062%
A$ 233.2k
Antony Carter
Independent Director of ANZ Bank New Zealandno datano data0.00029%
A$ 109.1k
Sarah Halton
Independent Non-Executive Director3.83yrsAU$266.71k0.00037%
A$ 139.2k
John Key
Independent Non-Executive Director2.5yrsAU$249.78k0.00011%
A$ 41.4k

5.9yrs

Average Tenure

60yo

Average Age

Experienced Board: ANEW.F's board of directors are considered experienced (5.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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: ANEW.F
  • Exchange: OTCPK
  • Founded: 1835
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: AU$52.490b
  • Listing Market Cap: AU$37.616b
  • Shares outstanding: 2.83b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANEW.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1980
ANZASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1980
ANZNZSE (New Zealand Stock Exchange)YesOrdinary SharesNZNZDJan 1980
ANBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1980
ANZCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1980
ANZB.YOTCPK (Pink Sheets LLC)SPON ADR NPV (1 FOR 1 SHS)USUSDDec 1994
ANB1DB (Deutsche Boerse AG)SPON ADR NPV (1 FOR 1 SHS)DEEURDec 1994
ANZPCASX (Australian Securities Exchange)CNV PREF NPV CPS3 DEF SETTLEMENTAUAUDSep 2011
ANZPEASX (Australian Securities Exchange)FRN CNV PERP AUD100AUAUDApr 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 R ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 11:40
End of Day Share Price2020/08/11 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.