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ANZ has posted a statutory profit after tax for its 2020 full-year result of $A3.58 billion, down 40 per cent on the prior comparable period in a year that started with devastating bushfires in Australia and unwound under the waves of a pandemic still washing through today.
The bank’s capital strength and underlying profitability enabled a final dividend of A35 cents per share fully-franked.
ANZ’s Common Equity Tier 1 capital ratio remained strong at 11.3 per cent, while return on equity decreased to 6.2 per cent.
You can read and watch all the details below.
INFOGRAPHIC: the result in pictures
Find all of the details of the full-year results in one easy-to-read infographic.
Elliott: the post-COVID future starts now
ANZ Chief Executive Officer Shayne Elliott reflects on one of the momentous years in the bank’s history and outlines plans for 2021 and beyond.
Jablko: getting the balance right
ANZ Chief Financial Officer Michelle Jablko goes through the finer details of what contributed to the bank’s full-year result.
ANZ’s Chief Risk Officer and Group Executive Australia Retail and Commercial discuss the approach to risk, customer feedback and the business outlook.
Read through the announcement released to the Australian Stock Exchange for ANZ’s full-year result.
ANZ will no longer directly finance new coal-fired power plants, thermal coal mines or expansions as the bank announces new initiatives to reach net zero emissions by 2050.
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FULL COVERAGE: ANZ’s 2020 annual result
2020-10-29
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EDITOR'S PICKS
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CEO says the bank has been well protected through COVID-19 and is now looking to future investment opportunities.
2020-10-29 16:59 -
Find all the details of ANZ’s 2020 annual result in an easy-to-read infographic.
2020-10-29 16:49