15/04/2025 09:38

ANZ Group (ANZ) $27.42

ANZ has danced a similar tune to WBC, with its yield well in excess of 6%, attracting yield-hungry investors into dips. ANZ is set to report and trade ex-dividend in May.

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07/02/2025 09:03

ANZ Bank (ANZ) $30.95

ANZ was the best of the banks on Thursday rallying +2.6% but it was the only one of the “Big Four” not to post all-time highs – a sector laggard outperforming.

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30/01/2025 10:03

ANZ Group (ANZ) $30.62

The press and pundits continue to tell us how expensive the banks are, but their prices pay little attention. ANZ is forecast to pay a sustainable 5.8% fully franked over the coming year, not bad considering the RBA Cash Rate is set to fall—note that Westpac (WBC) and National Australia Bank (NAB) aren’t too far behind.

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20/12/2024 09:38

ANZ Group (ANZ) $28.61

ANZ has corrected 13% over recent weeks due to concerns about its trading floors, which are now the centre of a regulatory investigation into market manipulation, and the lack of local experience of Portugal-born veteran banker Nuno Matos, who is set to replace Shayne Elliott.

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18/12/2024 09:56

Active Income Portfolio – Amendments

We are tweaking our bank exposure in the Income Portfolio

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18/12/2024 09:36

Commonwealth Bank (CBA) $161.13 vs ANZ Group (ANZ) $29.42

One of the most consistent messages from analysts during 2024 is that banks are expensive, and cannot justify such high valuations, yet they’ve continued to appreciate. Being long the banks in 2024 has worked a treat, and no doubt, many income investors have cheered the returns.

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12/12/2024 09:34

ANZ Group (ANZ) $29.09

The market has given the thumbs down to ANZ's appointment of Nuno Matos, a London-based former head of wealth and personal banking at HSBC, as the next CEO. His lack of Australian experience appears to be the issue, arguably good or bad.

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09/12/2024 16:49

ANZ Group (ANZ) $30.03

(ANZ) -3.60%; fell today on news its CEO Shayne Elliott is stepping away from the bank after 9 years as CEO.  If shareholder return is a measure of success, then he’s failed to deliver, though he had a lot to work to get done steering ANZ back from a failed push into Asia courtesy of the last CEO, Mike Smith.

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08/11/2024 16:53

ANZ Group (ANZ) $32.13

ANZ +1.32%:  Reported FY24 results this morning that were okay, good relative to the challenges in the mortgage market earlier in the year, but probably on the weaker side relative to where the shares are trading.

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27/09/2024 09:13

ANZ Bank (ANZ) $30.75

This week, ANZ has been the standout “Big Four Bank” as investors focused their selling/profit-taking on CBA and NAB

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