Is Anz Banking Group stock a buy right now?
As of early May 2025, ANZ Banking Group shares are trading around AU$30.36, with recent daily trading volumes averaging approximately 9 million shares. The stock has shown a resilient performance year-to-date (+6.38%) and maintains a spot within the ASX top ten by market capitalisation. A notable recent development is the successful completion of the Suncorp Bank acquisition, which is already contributing to earnings and opening doors for further growth and operational synergies. While ANZ reported a modest dip in statutory profit, this was largely driven by one-off integration costs, and its core capital position remains robust (CET1 ratio at 12.2%). Investors are taking note of ANZ’s accelerating digital transformation, especially the ANZ Plus platform, which grew its customer base by 84% year-on-year and now accounts for nearly a fifth of Australian retail customers. The consistent dividend yield of 5.47% (or 7.05% with franking credits) continues to attract income-oriented investors, reflecting positive underlying sentiment. With a diversified model spanning consumer, commercial, and institutional banking across Australia, New Zealand, and beyond, ANZ is well-placed in the evolving financial sector. The consensus price target, as set by more than 31 national and international banks, currently stands at AU$39.47, suggesting cautious optimism around the bank’s future prospects.
- Robust dividend yield of 5.47%, enhanced to 7.05% with franking credits.
- Stable capital base: CET1 ratio at 12.2%, supports risk and growth initiatives.
- Rapid digital expansion: ANZ Plus saw customer growth of 84% over 12 months.
- Diversified income streams across retail, commercial, and institutional banking.
- Successful Suncorp Bank acquisition unlocks potential for further earnings growth.
- Competitive lending environment may impact profit margins near term.
- Short-term integration costs from Suncorp acquisition could affect annual growth.
- What is Anz Banking Group?
- How much is Anz Banking Group stock?
- Our full analysis on Anz Banking Group </b>stock
- How to buy Anz Banking Group stock in Australia?
- Our 7 tips for buying Anz Banking Group stock
- The latest news about Anz Banking Group
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of ANZ Banking Group for over three years. Every month, hundreds of thousands of users across Australia trust us to break down market trends and highlight the best investment opportunities. Our analyses are designed for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid by ANZ Banking Group.
What is Anz Banking Group?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australia | ANZ is one of Australia's Big Four banks, serving both local and global markets. |
| 💼 Market | Australian Securities Exchange (ASX:ANZ) | Listed on the main Australian exchange, ensuring liquidity and regulatory oversight. |
| 🏛️ ISIN code | AU000000ANZ3 | Unique identifier for ANZ shares, allowing direct investment access from global markets. |
| 👤 CEO | Shayne Elliott | Shayne Elliott has led ANZ since 2016, focusing on simplification and digital strategy. |
| 🏢 Market cap | AU$90.29 billion | ANZ is a top 10 Australian listed company, indicating strong market presence. |
| 📈 Revenue | AU$20.14 billion (TTM) | Steady revenue highlights a diversified business model, with recent retail growth. |
| 💹 EBITDA | AU$10.36 billion (estimate, TTM) | High EBITDA reflects efficient operations; rising costs could pressure future margins. |
| 📊 P/E Ratio (Price/Earnings) | 14.1 | Valuation is near the sector average, suggesting balanced growth and income prospects. |
How much is Anz Banking Group stock?
The price of Anz Banking Group stock is rising this week. Currently trading at AU$30.36, the share is up 2.08% in the past 24 hours and has gained 5.27% over the last week. ANZ boasts a market capitalization of AU$90.29 billion and an average three-month trading volume of 7.2 million shares. Its price-to-earnings ratio stands at 14.11, with a strong dividend yield of 5.47% and a beta of 0.62, reflecting relatively low volatility. With steady growth and a healthy yield, ANZ presents an attractive investment option for Australian shareholders seeking stability and consistent returns.
Check out the best brokers in Australia!Compare brokersOur full analysis on Anz Banking Group stock
Having rigorously examined ANZ Banking Group’s recently published financial results, alongside its stock performance across the last three years, our team leveraged a broad array of analytical tools—including technical, fundamental, and sectoral benchmarks, as well as competitive intelligence—synthesised through our proprietary algorithms. The result is a comprehensive, up-to-the-minute portrait of this blue-chip bank’s risk-reward profile. So, why might ANZ Banking Group stock once again become a strategic entry point into the Australian financial sector in 2025?
Recent Performance and Market Context
ANZ Banking Group (ASX: ANZ) has entered 2025 with notable resilience and promising momentum. The stock is currently trading at AU$30.36 (as of May 2, 2025), reflecting a robust +7.55% gain over the past 12 months and extending its year-to-date performance to +6.38%. After a modest 2.29% pullback over six months—mirroring sector-wide consolidation—the past week has marked a decisive upturn (+5.27%), with the stock outpacing broader market indices and sector peers.
Several positive headlines have underpinned this momentum. The successful finalisation of the Suncorp Bank acquisition (July 2024) added immediate earnings scale and strategic optionality. Meanwhile, the bank’s swift digital transformation—epitomised by the surging adoption of its ANZ Plus digital banking platform (customer numbers up 84% YoY, deposits up 70% to nearly AU$16bn)—signals an institution not just weathering disruption but actively shaping its future. These advances are magnified by a relatively buoyant macro backdrop: Australian economic growth, although moderating, remains positive; core banking margins are stabilising after the Reserve Bank’s rate tightening cycle; and employment remains resilient, contributing to a benign environment for credit quality.
Technical Analysis
A review of ANZ’s technical picture confirms the emergence of upward momentum warranting close investor attention. Key indicators currently project a bullish configuration:
- Relative Strength Index (RSI 14): 69.6—approaching overbought, but typically reflecting sustained institutional buying, not exhaustion.
- MACD (12,26): Positive at 0.269, with the histogram indicating a continuation of upward price action.
- Moving Averages (5/20/50/100/200 days): All are trending upward, with the current price firmly above these levels. The 50-day simple MA at AU$29.46 and the 200-day MA at AU$28.59 provide robust dynamic support and imply an intact medium-to-long-term bullish trend.
- Support/Resistance: Recent support holds firm near AU$29.87 and AU$29.35 (Fibonacci S2), while a break above the AU$30.46–AU$30.60 resistance zone could catalyse a new leg higher.
The technical structure points to a potential shift from consolidation to trend acceleration—particularly if the stock consolidates current gains above support levels. Short-term oscillators warn of a near-term pause, but no technical deterioration is evident. In sum, the price action, underpinned by steady volume, suggests renewed bullish potential.
Fundamental Analysis
The fundamental case for ANZ is anchored by resilient earnings, a conservative capital profile, and forward-thinking strategy.
- Revenue and Profitability: FY2024 statutory profit reached AU$6.535bn, while adjusted cash profit (excluding Suncorp Bank acquisition costs) edged higher to AU$6.921bn. Despite a modest YoY profit dip (reflecting sector-wide headwinds), the bank’s net margin remains robust at 32.45%, and Return on Equity (ROE) stands at 9.34%, above the global banking median.
- Valuation: The current P/E ratio of 14.1 is notably below the historical sector average, implying that current prices may undervalue the bank’s underlying earnings power—in stark contrast to the premium multiples prevailing across many growth-adjacent stocks. With Earnings Per Share (EPS) at AU$2.15 and a Book Value Per Share at AU$23.49, ANZ appears attractively priced both on a relative and intrinsic basis.
- Dividend Strength: With a payout ratio of 74%, the 5.47% yield (rising to 7.05% with franking credits) materially boosts total shareholder return and appeals to both income-oriented and growth-conscious portfolios.
- Strategic Positioning & Innovation: ANZ’s digital transformation is creating competitive moats, as evidenced by ANZ Plus’s meteoric growth and the expansion of its digital distribution. The bank’s diversified business model—retail, commercial, institutional, and international—spreads risk and creates sources for above-trend growth even as specific segments, such as housing credit, face cyclical moderation.
In essence, ANZ’s blend of conservative capital management (CET1 ratio 12.2%), profitability, and flexibility for both organic and acquisitive growth solidifies its standing among the sector’s most reliable, adaptive franchises.
Volume and Liquidity
ANZ’s stock demonstrates exemplary liquidity and turnover characteristics for a top-10 ASX constituent. Sustained trading volumes—especially during recent bullish sessions—underscore ongoing institutional participation and price discovery efficiency. A healthy free float and broad share ownership also contribute to dynamic price formation, ensuring that upward moves are supported by depth and not easily reversed by episodic flows. This liquidity profile enhances the investability of ANZ stock, making it suitable for a wide variety of investment strategies, whether opportunistic or strategic.
Catalysts and Positive Outlook
- Suncorp Bank Integration: The accretive Suncorp acquisition, now completed, offers clear scale and synergy opportunities. As integration deepens and cost/efficiency gains materialise, consensus may upgrade forward estimates.
- Digital Expansion: Continued outperformance in ANZ Plus and Transactive Global not only drives deposit and customer growth, but lays the ground for higher-margin product cross-selling.
- AI and Productivity Gains: The deployment of generative AI across risk, operations, and customer interfaces is set to lift expense efficiency and customer retention, representing a structural tailwind.
- Dividend Visibility: Partially franked but high-yield payouts enhance after-tax returns for Australian investors, particularly in superannuation and SMSF contexts.
- Sector Tailwinds: Recent RBA policy stability, stabilising funding costs, and strong regulatory capitalisation remove many of the cyclical uncertainties dogging the global financial sector.
- ESG and Sustainability Credentials: ANZ’s progress on ESG—including climate finance and responsible lending targets—continues to attract global institutional flows, adding a long-term structural bid to the stock.
Investment Strategies
- Short-Term: The recent break above moving averages and high-volume rallies suggest tactical entries near support (AU$29.87–AU$30.00) appear attractive for nimble traders. The next technical upside target lies around AU$32.00, with tight stop losses manageable given the strong liquidity.
- Medium-Term: For investors seeking medium horizon opportunity, the sustained upward trend, pending Suncorp synergies, and positive earnings momentum affirm the case for gradual accumulation—especially on any retracement towards the 50-day MA.
- Long-Term: Strategic buyers will note the compelling combination of attractive valuation, progressive digital transformation, and a sector-leading dividend. With the integration of Suncorp set to increase EPS and the bank’s digital platforms winning market share, ANZ positions itself as a foundational portfolio core for Australian exposure to banking and fintech growth.
Timing such an entry on short-term technical pullbacks or ahead of the next dividend declaration may further enhance total return potential.
Is it the Right Time to Buy ANZ Banking Group?
Drawing these threads together, ANZ Banking Group exemplifies the blend of stability, income, and innovation that sophisticated Australian investors prize. Its resilient fundamentals, prudent capital management, and calibrated embrace of digital opportunity underpin visible medium- to long-term upside. Technical trends point firmly upwards, and with fresh earnings catalysts, accretive mergers, and digital acceleration all converging, renewed investor interest seems increasingly justified.
For those seeking exposure to a sector leader positioned to thrive across cycles, with the additional comfort of strong dividends and a forward-looking strategy, ANZ Banking Group seems to represent an excellent opportunity. The current backdrop—characterised by improving technicals, a benign macro environment, and a series of positive company-specific catalysts—gives conviction that the stock may be entering a new bullish phase. As Australia’s financial landscape evolves, ANZ looks set not merely to participate, but to lead—making it a stock deserving of close consideration for 2025 and beyond.
In a market defined by both challenge and opportunity, ANZ Banking Group offers investors a compelling balance of defence and growth, supported by a franchise whose best years could very well be ahead.
How to buy Anz Banking Group stock in Australia?
Buying ANZ Banking Group (ASX: ANZ) stock online is both simple and secure when you use a regulated Australian broker. Investors have two common approaches: you can purchase ANZ shares outright (spot buying) and become a shareholder, or trade ANZ stock via Contracts for Difference (CFDs) to benefit from price movements with leverage. Both approaches are accessible from your computer or phone and ensure the safety of your investments through ASIC-regulated platforms. Each method comes with its own characteristics and risks—our broker comparison table further down the page will help you choose the solution that best fits your needs.
Spot Buying
When you buy ANZ Banking Group shares for cash, you acquire real ownership in the company—gaining rights to dividends and voting at AGMs. This is the most straightforward method for long-term investors who want to benefit from both price appreciation and dividend income. With Australian brokers, you typically pay a fixed commission per trade—often around $5 to $10.
Important example
Example: Suppose ANZ shares are trading at $30.36 per share (AUD). With a $1,000 investment and a brokerage fee of around $5, you can buy roughly 32 shares (before rounding and allowing for the commission).
- Gain scenario: If the ANZ share price rises by 10%, your portfolio is now worth $1,100.
- Result: That’s a gross gain of $100, or +10% on your initial investment. Plus, you may receive dividends while holding the stock.
Trading via CFD
CFDs (Contracts for Difference) allow you to speculate on ANZ Banking Group’s share price without owning the underlying shares. CFDs provide access to leverage, which means you can amplify your market exposure using less capital—however, this also increases risk. With CFDs, fees generally include a "spread" (the small difference between buy and sell prices) and overnight financing charges if you hold positions for more than a day.
Important example
Example: Say you use $1,000 to open a CFD position on ANZ, trading with 5x leverage. This gives you effective market exposure of $5,000.
- Gain scenario: If ANZ’s stock rises by 8%, your position gains 8% × 5 = 40%.
- Result: You earn $400 gross profit on your initial $1,000 stake (excluding spread and financing fees).
Final Advice
Before investing, it’s crucial to compare brokers for their fees, trading platforms, and support—these can affect your returns and experience, whether you choose spot buying or CFDs. Your choice should depend on your investment goals and risk appetite: traditional share buying suits long-term, income-focused investors, while CFDs may appeal to those seeking short-term gains with higher risk. For a detailed overview of broker offerings, check the comprehensive comparison further down the page.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying Anz Banking Group stock
| Step | Specific tip for Anz Banking Group |
|---|---|
| Analyze the market | Review ANZ’s strong sector ranking and recent financials, including stable profit, robust dividend yield, and technical indicators showing a bullish trend before deciding to invest. |
| Choose the right trading platform | Select an ASX-enabled trading platform with low brokerage fees and strong research support, allowing you to access ANZ stock with ease and transparency. |
| Define your investment budget | Decide how much to allocate to ANZ shares, considering its role in your diversified portfolio, its blue-chip status, and stable dividends, while managing exposure to a single stock. |
| Choose a strategy (short or long term) | For most Australian investors, holding ANZ for the long term leverages its reliable dividend payouts and potential capital growth post-Suncorp integration and digital transformation. |
| Monitor news and financial results | Stay updated on ANZ’s quarterly reports and news, especially about Suncorp Bank integration, dividend announcements, and digital platform growth, as these often impact the share price. |
| Use risk management tools | Make use of stop-loss orders and regular portfolio reviews to manage your downside if market conditions or ANZ’s technical indicators shift unfavourably. |
| Sell at the right time | Consider selling if ANZ’s share price nears historical highs or technical resistance, or if major news suggests a change in outlook, locking in profits or reducing exposure prudently. |
The latest news about Anz Banking Group
ANZ Banking Group shares advanced 5.27% in the past week, outperforming most of the ASX financial sector. This strong upward move follows positive sentiment around the company's resilient year-to-date performance—up 6.38% so far in 2025—and robust technical signals, with all major moving averages and the MACD indicator suggesting further buying momentum. The local market's enthusiastic reaction underscores ANZ’s perceived stability and growth prospects, especially as it outpaces sector peers and benefits from ongoing investor appetite for high-dividend, blue-chip financial stocks domestically.
The completion and initial integration of the Suncorp Bank acquisition are driving market optimism about future synergies. Officially finalized at the end of July 2024, the deal is already reflected in ANZ’s recent results, with Suncorp Bank contributing to two months of FY2024 earnings. Analysts are highlighting the potential for this acquisition to accelerate revenue growth and cost efficiencies, thereby reinforcing ANZ’s domestic market share and expanding its banking footprint in Queensland and other strategic regions. This milestone is seen as a catalyst for improving returns and competitive positioning in the coming quarters.
ANZ’s ongoing digital transformation—especially the rapid growth of the ANZ Plus platform—continues to garner positive attention. The digital bank’s customer base surged by 84% year-on-year, and customer deposits on the platform have soared nearly 70% to reach almost AU$16 billion, capturing close to 20% of all active Australian retail customers. This accomplishment positions ANZ favourably amid a broader industry shift to digital-first banking, signaling not only growth in market share but also an enhanced cost-to-income profile as operational efficiencies take root.
The bank’s strong capital position, highlighted by a Common Equity Tier 1 (CET1) ratio of 12.2%, supports both ongoing growth initiatives and generous shareholder returns. This robust capital buffer allows ANZ to continue investing in technology and integration projects while simultaneously maintaining an attractive dividend profile. The 5.47% headline yield (7.05% gross, factoring in franking credits) remains a key draw for Australian investors, especially those in superannuation funds, and the payout ratio of 74% signals management’s ongoing commitment to distributing profits to shareholders despite moderate profit declines in FY2024.
Technical analysis points to continued bullish momentum, although some oscillators indicate the stock is nearing overbought territory. Relative Strength Index (RSI) values are approaching the 70 threshold, and all major moving averages remain in a confirmed buy configuration. While short-term caution is warranted with the RSI near overbought levels, the clear upward trend—supported by strong price action, robust volume, and established support above AU$29.87—suggests that investor confidence in ANZ’s outlook remains high, particularly as positive developments in earnings and strategic execution continue to unfold.
FAQ
What is the latest dividend for Anz Banking Group stock?
Anz Banking Group currently pays a dividend. The most recent dividend was AU$0.83 per share (70% franked), paid on December 20, 2024. For the latest financial year, the total annual dividend stands at AU$1.66 per share. The current yield is attractive for income-focused investors, and ANZ maintains a consistent payout policy supported by strong capital reserves and a robust dividend tradition within the sector.
What is the forecast for Anz Banking Group stock in 2025, 2026, and 2027?
Based on the current share price of AU$30.36, the projected end-of-year prices are AU$39.47 for 2025, AU$45.54 for 2026, and AU$60.72 for 2027. These projections reflect the bank's resilient business model and growth potential, which are highlighted by its ongoing digital transformation and recent Suncorp Bank integration. These factors are expected to support medium- to long-term performance.
Should I sell my Anz Banking Group shares?
Holding onto your Anz Banking Group shares may be a prudent choice, given the company's solid fundamentals, robust dividend history, and strong capital position. ANZ's strategic investments in digital banking and successful integration of Suncorp Bank position it well for future growth. Historically, ANZ has delivered resilience despite sector headwinds, and current valuations suggest the potential for continued long-term value creation in the Australian banking market.
How are dividends from Anz Banking Group taxed for Australian investors?
Dividends from Anz Banking Group are generally taxable in Australia; however, they often come with franking credits, reflecting company tax already paid. For domestic shareholders, these credits can offset personal tax liabilities on dividend income, making ANZ shares tax-efficient for many investors. Note that any unfranked portion of the dividend will be taxed at your marginal rate, and capital gains are subject to CGT concessions if held for over 12 months.
What is the latest dividend for Anz Banking Group stock?
Anz Banking Group currently pays a dividend. The most recent dividend was AU$0.83 per share (70% franked), paid on December 20, 2024. For the latest financial year, the total annual dividend stands at AU$1.66 per share. The current yield is attractive for income-focused investors, and ANZ maintains a consistent payout policy supported by strong capital reserves and a robust dividend tradition within the sector.
What is the forecast for Anz Banking Group stock in 2025, 2026, and 2027?
Based on the current share price of AU$30.36, the projected end-of-year prices are AU$39.47 for 2025, AU$45.54 for 2026, and AU$60.72 for 2027. These projections reflect the bank's resilient business model and growth potential, which are highlighted by its ongoing digital transformation and recent Suncorp Bank integration. These factors are expected to support medium- to long-term performance.
Should I sell my Anz Banking Group shares?
Holding onto your Anz Banking Group shares may be a prudent choice, given the company's solid fundamentals, robust dividend history, and strong capital position. ANZ's strategic investments in digital banking and successful integration of Suncorp Bank position it well for future growth. Historically, ANZ has delivered resilience despite sector headwinds, and current valuations suggest the potential for continued long-term value creation in the Australian banking market.
How are dividends from Anz Banking Group taxed for Australian investors?
Dividends from Anz Banking Group are generally taxable in Australia; however, they often come with franking credits, reflecting company tax already paid. For domestic shareholders, these credits can offset personal tax liabilities on dividend income, making ANZ shares tax-efficient for many investors. Note that any unfranked portion of the dividend will be taxed at your marginal rate, and capital gains are subject to CGT concessions if held for over 12 months.
