ANZ Banking Group
(ASX:ANZ) has increased its cash profit slightly ahead of expectations in the first half of the 2015 financial year.
The bank’s cash profit rose 5 per cent to $3.7 billion while its net profit rose 3 per cent to $3.5 billion.
Over the period ANZ reports customer numbers, business volumes and market share all grew driven by investment in products, sales and service capacity and capability.
CEO Mike Smith says the bank remains confident about its strategy over the longer term and the opportunity to continue to improve financial performance in the near term.
A fully franked interim dividend of 86 cents per share has been declared.
