ANZ reports 31% rise in annual cash profit to A$7.59 billion
ANZ Group reported a 31% increase in annual cash profit to A$7.59 billion ($5.21 billion) for the year ended September 30, broadly matching the A$7.55 billion consensus estimate. Operating expenses fell 14%, while net interest margin slipped to 1.53%. The Australian lender declared a final dividend of 83 Australian cents per share, unchanged from last year.