ANZ lifts FY12 profit

Company News


ANZ Banking Group (ASX:ANZ) has lifted its annual net profit by 6 per cent to $5.7 billion in the year until the end of September.

CEO Mike Smith says the banks super regional strategy and an increased emphases on productivity has underpinned the good performance.

ANZ generated 21 per cent of its revenue from outside of Australia and New Zealand in the full year, with global markets revenue rising 14 per cent.

The bank also boosted total deposits by 12 per cent and lending by 8 per cent.

ANZ has proposed a fully franked final dividend of 79 cents per share, taking its full year payout to $1.45 per share.

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