ANZ gains on beating HY profit estimates, flagging minimal risk from Mideast crisis

ANZ group

01/05/2026 01:27

** Shares of ANZ Group ANZ.AX rise as much as 1.3% to A$37.11 in early trade, hitting their highest level since April 21

** Stock among top gainers on the broader benchmark .AXJO, which is up 0.7%

** Australia's no.4 lender logs HY cash profit of A$3.78 billion ($2.72 billion), beating Visible Alpha estimate A$3.68 billion

** ANZ hikes coverage ratio by 4 basis points to account for heightened risk from the Middle East conflict

** Says impact of crisis on co's credit, capital and liquidity position has been minimal to date

** Stock up 0.6% YTD, including the day's moves

($1 = 1.3897 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))