Australia and New Zealand Banking Group
(ASX:ANZ) has posted a strong lift in its full year cash profit.
In the year to September 30, ANZ posted a cash profit of $6.49 billion, an 11 per cent increase on the $5.83 billion in the previous year.
In the same period operating income was $18.4 billion, a four per cent increase on the $17.7 billion in the previous corresponding period.
Net profit, which factors in one-off financial items, was $6.27 billion, also an 11 per cent increase on the $5.66 billion in the previous year.
ANZ will pay a fully-franked final dividend of 91 cents, a significant lift on the 79 cents in the previous year.
