ANZ Lifts First-Half Profit 7% as Long-Standing CEO Departs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2025
0mins
Should l Buy ?
Source: WSJ
ANZ Profit Increase: ANZ reported a 7% increase in first-half profit, with a net profit of 3.64 billion Australian dollars (US$2.34 billion) for the six months ending in March.
Revenue Growth: The bank's revenue rose by 10% to A$11.18 billion, largely attributed to its acquisition of Suncorp Bank.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
