22/07/2025 09:18

South32 (S32) v ANZ Group (ANZ)

South32 (S32) awoke from its slumber yesterday’s advancing +4.5% but overall ANZ and S32 have largely danced in sync over the last 18 months as CBA enjoyed the bulk of the aggressive momentum in flows, the same “weak longs” that’s likely to see the bank lead any further weakness across the banking sector.

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24/06/2025 09:27

ANZ Group Ltd (ANZ) $28.21

ANZ was downgraded to a "sell" on Monday by UBS, with some of the risk being placed at the doorstep of the new CEO, Nuno Matos, who started in May.

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04/06/2025 09:16

ANZ Group (ANZ) $29.36

ANZ is our top pick in the banking sector on relative valuation grounds, trading at a material discount to peers, while offering a higher yield that compares favourably to its own historical trends, and importantly, provides a meaningful margin over 10-year bond yields.

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22/05/2025 09:28

ANZ Group (ANZ) $28.85

ANZ traded ex-dividend 83c part franked earlier this month, with its next offering for yield-hungry investors not due until November. With the RBA set to cut interest rates down towards 3%, ANZ’s yield of more than 6% will be very attractive to investors moving forward.

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08/05/2025 17:27

ANZ Group (ANZ) $29.40

ANZ -1.93%: 1H25 result out this morning for ANZ that were mildly ahead in terms of cash profit, though like NAB, margins were lower than hoped.

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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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