Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Derek Rose

ANZ joins this banking season's $7b earnings club

ANZ CEO Shayne Elliott says the banks's strong annual result follows years of transformation. (Joel Carrett/AAP PHOTOS)

Another Big Four bank has reported a rise in full-year earnings to more than $7 billion but analysts called ANZ's profit disappointing and environmental groups found its climate commitments wanting. 

Australia's most internationally focused retail bank on Monday posted a cash profit of $7.4 billion for fiscal 2023, up 14 per cent from the $6.5 billion it made in 2021/22 but slightly under consensus analyst expectations. ANZ's statutory net profit was flat at $7.1 billion.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.