Wellington: ANZ has reported a 10 per cent rise in first-half cash earnings to $3.18 billion and announced a forecast-busting dividend.
The result was slightly ahead of analysts’ expectations of a $3.13 billion profit, as the bank booked solid earnings in international and institutional banking, and its local retail banking unit.
It will also raise the interim dividend by 11 per cent to 73 cents a share, and said it would look to pay out a higher share of profits to shareholders as part of its move to become more efficient.
— NZ Herald
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ANZ hits high profit (Business updates)
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