ANZ's Profit Misses Expectations as CEO Nuno Matos Advocates for Change
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 09 2025
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Should l Buy ?
Source: SeekingAlpha
Weaker Annual Profit: ANZ Group Holdings reported a 14% decline in cash profit to A$5.79 billion for the year ending September 30, falling short of analysts' expectations of A$6.28 billion.
CEO's Restructuring Plan: New CEO Nuno Matos has initiated a comprehensive restructuring plan aimed at cutting costs, simplifying operations, and enhancing returns, which includes the elimination of approximately 3,500 jobs.
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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.
