Anz Group Holdings Limited · ASX:ANZ
Anz — H1 2025 Earnings Presentation
98 slides from Anz's earnings presentation, May 8, 2025
Slide 1: 2025 First Half Results
2025 First Half Results Half year ended 31 March 2025 Results Presentation and Investor Discussion Pack 8 May 2025 Approved for distribution by ANZ’s Continuous Disclosure Committee ANZ Group Holdings Limited 9/833 Collins Street Docklands Victoria 3008 Australia ABN 16 659 510 791
Slide 2: Important information
Important information Forward-looking statements The material in this presentation contains general background information about the Group’s activities current as at 7 May 2025. It is information given in summary form and does not purport to be complete. It is not intended to be and should not be re
Slide 3: Contents
Contents 1 CEO presentation 4 Treasury 2 CFO presentation 5 Risk management & Housing Corporate profile & Group ESG disclosures & 3 and divisional performance 6 Shareholder information 3
Slide 4: 2025 First Half Results - CEO
2025 First Half Results Shayne Elliott Chief Executive Officer
Slide 5: 1H25 overview
1H25 overview Earnings per share2, cents Overview 128 119 118 120 • Strongest revenue outcome on record 106 104 • First full half of Suncorp Bank earnings Three significant changes • Announced a new CEO • Enforceable undertaking entered with APRA1 • More disruptive era of geopolitics Avg 1H16 1H23 2
Slide 6: Well positioned to manage risk and support our customers
Well positioned to manage risk and support our customers Stronger balance sheet Diversified business Capital and provision strength, $b +45% New Zealand 59.5 18% 4.3 Institutional (ex Markets) 24% 41.0 1H25 9% Suncorp Bank 2.9 Banking1 revenue by 1% Pacific 55.2 divisions 38.1 Australia 18% Commerci
Slide 7: 1H25 financial results
1H25 financial results Revenue Profit Before Provisions Cash Profit $10,995m $5,253m $3,568m up 5% vs 2H24 up 6% vs 2H24 up 12% vs 2H24 Return on Equity Earnings per Share Dividend per Share 10.2% 120.1 cents 83 cents up 94bps vs 2H24 up 13% vs 2H24 unchanged vs 2H24 7
Slide 8: Dual platform future – resilient, low cost, agile
Dual platform future – resilient, low cost, agile ANZ Plus ANZ Transactive Global Contemporary digital platform with features Secure, configurable platform offering seamless access to core designed to help customers improve their banking services such as Cash Mgt, FX, Trade Finance, Loans, financial
Slide 9: ANZ Plus - growing customers, deepening engagement
ANZ Plus - growing customers, deepening engagement ANZ Plus customer, 000s 1,029 1,058 Join NPS1 Coach NPS1 928 +58 +44 848 752 660 557 462 333 228 129 50 Main bank1 Using FWB 55% features1,2 255K Sep 22 Dec 22 Mar 23 Jun 23 Sep 23 Dec 23 Mar 24 Jun 24 Sep 24 Dec 24 Mar 25 Apr 25 ANZ Plus customer d
Slide 10: ANZ Plus – delivering more rapidly
ANZ Plus – delivering more rapidly ANZ Plus production releases per month 1,300 1,200 1,100 1,000 900 800 700 600 500 400 300 200 100 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 22 22 22 22 22 22 22
Slide 11: Continuing to build out ANZ Transactive Global
Continuing to build out ANZ Transactive Global Direct integration customers, indexed data Transactive Global +11% 173 156 136 Multi-product access 112 100 Payments Trade & Corporate Markets & Cash Supply Chain Finance Management Finance Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Integrated services Institut
Slide 12: Digital platforms, underpinned by Transactive Global
Digital platforms, underpinned by Transactive Global Institutional platform performance Total payments1, m Direct integration payments1,2, m Real time payments (NPP Agency)1,2, m Client Monies, accounts3, k +5% +17% 358 +17% 341 467 320 295 411 400 161 138 124 312 +21% 171 99 231 29 64 24 20 15 8 1H
Slide 13: Suncorp Bank – delivering scale and diversification in Australia
Suncorp Bank – delivering scale and diversification in Australia Australia retail and commercial businesses Customer deposits, $b Net loans and advances, $b +15% +18% 17% Sep 24 359 479 311 56 72 404 48 62 1H25 NPAT $1,646m 303 407 263 342 83% Jun 221 Mar 25 Jun 221 Mar 25 Australia Retail and Austr
Slide 14: Board priorities
Board priorities Resolve non-financial risk issues, Run Suncorp Bank well, deliver ensure changes are embedded synergies, prepare for migration Grow dual platforms, underpinning long Manage a smooth CEO transition term competitive advantage 14
Slide 15: Consistent approach since 2016
Consistent approach since 2016 Four priorities (1H161) Building a better bank Our purpose 1. Create a simpler, better 2. Focus our efforts on attractive areas where we capitalised, better balanced is to shape a world and more agile bank can carve out a winning position where people and communities t
Slide 16: 2025 First Half Results - CFO
2025 First Half Results Farhan Faruqui Chief Financial Officer
Slide 17: 1H25 overview
1H25 overview Revenue, $b Profit before provisions, $b Cash profit, $b +5% +6% +12% 11.00 4.94 5.25 3.57 10.46 3.17 2H24 1H25 2H24 1H25 2H24 1H25 Return on equity, % Earnings per share, cents Dividend per share, cents +94bps +13% 10.2 120 83 83 9.2 106 2H24 1H25 2H24 1H25 2H24 1H25 17
Slide 18: 1H25 financial performance
1H25 financial performance Total Group revenue, $b Banking1 revenue, $b Markets revenue, $b Group Centre revenue, $b +5% +5% 10.5 11.0 10.3 9.2 9.7 8.9 +10% 1.2 1.0 1.1 -15% 0.23 0.28 0.24 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 1H25 Total Group 1H25 vs 2H24 Banking1 Markets Grou
Slide 19: Banking performance
Banking performance Revenue, $b Profit before provisions, $b Risk adjusted margins, % +9% +6% 5.17 5.22 5.04 +5% +5% 9.7 9.2 5.1 8.9 4.8 4.9 0.3 0.9 0.4 0.1 1.8 1.8 1.8 1.1 1.1 1.1 1H24 2H24 1H25 2.4 2.3 2.3 Return on equity1, % 1.5 1.5 1.5 14 14 14 1.7 1.8 1.7 1.0 1.0 1.0 2.9 3.0 2.9 1.2 1.2 1.1 1H
Slide 20: Net interest margin (NIM)
Net interest margin (NIM) Group NIM, bps Banking NIM, bps -2bps -3bps 244 0 2 -2 238 -2 -1 158 -3 156 Institutional (ex Markets): -2 Impacted by Other divisions: Assets & both rate & deposits pricing largely volume net off -6bps 2H24 1H25 2H24 Assets Deposits Wholesale Assets & Capital & Other1 1H25
Slide 21: Banking loans and customer deposits
Banking loans and customer deposits Net loans and advances, $b 12.8 0.6 0.0 779.9 8.5 1.0 0.6 756.4 +3% +1% +1% +8% +2% +5% +3% NZD Sep 24 Australia Australia Suncorp Bank Institutional New Zealand Pacific Mar 25 Retail Commercial (ex Markets) Customer deposits, $b 3.2 2.4 0.1 623.3 6.6 3.1 0.9 607.
Slide 22: Banking customer deposit composition and trends
Banking customer deposit composition and trends Banking customer deposits, $b Institutional Payments and Cash Management (PCM) Net interest income, $m +3% 2H19 1H24 2H24 1H25 623 449 720 703 698 607 9% 9% 543 At-call operational deposits and PCM deposit NIM 9% 29% 0.87% 30% 0.83% 0.82% 0.79% 29% $11
Slide 23: Suncorp Bank performance
Suncorp Bank performance Suncorp Bank NPAT1, $m Performance since acquisition2 Customer deposits, Net loans and advances, Customers, $b $b m 300 56 72 1.3 250 1.2 48 62 200 150 100 50 0 1H20 2H20 1H21 2H21 1H22 2H22 1H23 2H23 1H24 2H24 1H25 Jun 22 Mar 25 Jun 22 Mar 25 Jun 22 Mar 25 NPAT Unwinding fa
Slide 24: Markets performance
Markets performance Total Markets income – first half, $m Customer Franchise income composition – first half, $m 1,212 1,149 59 36 1,073 22 284 356 301 812 739 750 223 90 114 84 55 190 211 869 757 750 590 375 370 -1 Prior 1H avg 1H25 1H22 1H23 1H24 1H25 (1H22-1H24) Customer Franchise Balance Sheet D
Slide 25: Group operating expenses
Group operating expenses 1H25 expense movement, $m FY25 expense expectation, $b FY25 cost growth -1% expected to 57 245 5,742 ~11.5 be similar to FY24 (+4%)2 131 10.7 ~0.9 0.2 5,542 -133 5,497 -100 +4% 2H24 FX Adj. Wage & Strategic Productivity Timing of 1H25 ex Suncorp 1H25 FY24 FY24 vendor initiat
Slide 26: Portfolio quality
Portfolio quality Individual provision loss rate1, % Risk-intensity (IRB Corporate, Financial Institution, Retail ex Mortgages)1,2 0.20 48% 50% 44% 38% 0.15 ANZ Peer 2 Peer 1 Peer 3 0.10 Consumer portfolio 90+ days past due3, % of GLAs 1.2 0.05 0.8 0.4 0.00 0.0 FY20 FY21 FY22 FY23 FY24 1H25 Sep Sep
Slide 27: Portfolio quality
Portfolio quality Collective provision (CP) balance, $m Performing loans coverage (Stage 1 & 2 CP exposures)2 Loss coverage 4,948 ratio1: 1.31% 304 0.39% 0.40% 4,280 364 0.36% 0.32% 1.13% 4,247 602 4,032 3,853 Peer 3 ANZ Peer 1 Peer 2 1,689 Non-performing loans (Stage 3 CP & IP exposures)2 4,280 1.1
Slide 28: Capital
Capital ANZBGL - APRA Level 2 Common Equity Tier 1 (CET1) ratio – 1H25 Movement, % Level 1 Level 1 Level 1 12.6 0.78 12.0 12.2 12.20 -0.30 -0.04 0.22 12.00 11.78 -0.55 -0.12 -0.19 Occurred Driven by FX mostly in movements in 1Q25 1Q25 which unwound in 2Q25 Sep 24 Cash profit Underlying RWA Markets R
Slide 29: Highlights
Highlights Record revenue Strong EPS outcome Stable Banking ROE Record Suncorp Bank profit $b cents % NPAT1 $m 11.00 286 118 120 14 14 14 10.35 10.46 106 192 187 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 Consistent Markets income Growing operational deposits Disciplined cost manage
Slide 30: Corporate profile, Group & divisional performance
2025 Half Year Results Investor Discussion Pack Corporate profile, Group & divisional performance
Slide 31: Our history and corporate profile
Our history and corporate profile ANZ traces its origins to the Bank of Cornwall, which opened in Launceston, Australia in 1828 and commenced operations in New Zealand in 1840. ANZ is one of the top ten largest listed companies in Australia by market capitalisation, one of four major banks in Austra
Slide 32: Our purpose and strategy
Our purpose and strategy We bring our purpose to life through our Our purpose is to shape a world where people and communities thrive. It strategy: to improve the financial wellbeing and sustainability of customers explains ‘why’ we exist and drives everything we do at ANZ, including the through exc
Slide 33: Supporting our stakeholders
Supporting our stakeholders Our customers & debt (fixed income) investors 10% Paying interest to our customers and debt investors, enabling us to provide lending and related services to our customers Our people 7% Employing >43,000 people, paying salaries and investing in their Distribution of skill
Slide 34: Overview of 1H25 financial performance
Overview of 1H25 financial performance Total revenue composition, % Banking • Managed to optimise NIM and ROE • Lending, trade, deposits, payments services 10% Banking Markets Markets • Managed for revenue and to optimise ROE 1H25 2% • Intermediary for risk management options $10,995m Group Centre •
Slide 35: Total operating income & expenses
Total operating income & expenses Total income, $b Total expenses, $b FTE by geography, ‘000 11.0 5.7 42.4 43.1 10.5 10.4 10.3 10.5 0.2 5.5 0.1 0.1 5.1 5.2 0.1 39.8 40.3 40.3 0.4 0.2 0.3 1.0 5.0 1.0 1.0 0.1 0.1 0.9 0.9 1.3 0.9 0.1 1.0 0.9 0.8 14.1 14.7 1.0 1.0 0.9 0.9 13.5 13.8 0.9 12.9 1.1 0.9 1.0
Slide 36: Investment spend
Investment spend Total spend, $m By division By category 1H24 2H24 1H25 882 882 61 770 770 Investment spend expensed 83% 80% 80% 48 661 355 661 241 285 46 209 Investment spend expensed, $m 550 707 612 232 14 216 93 36 Capitalised software balance, $m 905 1,020 1,001 71 76 121 104 109 580 Amortisatio
Slide 37: Total balance sheet composition
Total balance sheet composition Exposure at default1, $b Risk weighted assets, $b Net loans & advances, $b Customer deposits, $b 1,342 469 803 820 757 1,260 4% 447 715 433 6% 9% 9% 7% 3% 7% 6% 715 8% 1,151 7% 4% 7% 7% 641 6% 11% 15% 14% 15% 13% 17% 15% 14% 11% 14% 16% 12% 26% 26% 29% 39% 45% 40% 38%
Slide 38: Risk adjusted margin
Risk adjusted margin1 Group Australia Retail Australia Commercial New Zealand Institutional2 Net interest income / Avg credit risk weighted assets (CRWA), % 8.70 8.69 8.72 6.54 6.07 5.10 5.25 5.27 5.57 4.92 5.03 5.26 3.67 3.70 3.48 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H2
Slide 39: Risk adjusted return
Risk adjusted return1 Group Australia Retail Australia Commercial New Zealand Institutional Profit before provisions / Avg total risk weighted assets (RWA), % 4.20 4.40 4.30 3.65 3.23 3.34 2.47 2.24 2.20 2.39 2.25 2.28 1.81 1.91 1.82 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2H24 1H25 1H24 2
Slide 40: Banking - Net loans and advances
Banking1 - Net loans and advances Australia Retail, $b Australia Commercial2, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b +3% +2% +8% +1% +2% 333 341 65 66 176 322 5 64 71 72 134 136 6 133 161 163 21 5 13 24 24 18 18 13 24 2 2 2 40 41 42 327 336 317 155 111 143 145 58 59 107 108 Suncorp
Slide 41: Banking - Customer deposits
Banking1 - Customer deposits Australia Retail, $b Australia Commercial, $b Suncorp Bank, $b New Zealand, NZDb Institutional, $b +4% +3% +2% +3% +2% 183 119 56 113 154 158 177 116 116 55 109 110 151 2 172 1 1 7 7 53 33 35 41 47 50 34 43 43 49 52 16 52 16 37 37 37 57 58 60 21 22 18 19 21 107 110 115 6
Slide 42: Australia Retail
Australia Retail • ANZ Plus customers above 1m, with over $21b in deposit FUM Increasing digitally active users • Continued strong volume growth – household deposits (0.9x system) and home loans Users, ‘000s Sustaining (1.0x system) momentum • Sustainable productivity enabling a more efficient cost
Slide 43: Australia Retail
Australia Retail Sustaining Deepening customer Enhancing customer momentum engagement protection • Enhanced Broker tools and improved CRM • Personalised digital interactions to meet • Development of ‘digital padlock’ technology, for mobile salesforce to further streamline customer needs via tailored
Slide 44: Australia Commercial
Australia Commercial Customer relationships, growth and stability • 22% of total group revenue1 Momentum in digital solution • ~67% of customers have at least one retail product GoBiz applications & drawn FUM, indexed data Deep customer • ~69% of Transactive Global2 users are Australia Commercial cu
Slide 45: Australia Commercial
Australia Commercial Simplifying customer experience Digital channel uptake Productivity through technology SME Retail loan applications via FUM in digitally opened transaction GoBiz cost to originate streamlined processes accounts 1.9x -11% 69% 73% Mar 24 Mar 25 Mar-24 Mar-25 1H24 1H25 Deposit1 gro
Slide 46: New Zealand
New Zealand • #1 market position in New Zealand for home loans, Agri lending and KiwiSaver • Four Bank of the Year Canstar Awards: Small Business, Business Credit Cards, Market strength Agribusiness, and Most Satisfied Customers – Small Business Merchant Services • Best Private Bank in New Zealand a
Slide 47: New Zealand division
New Zealand division Balance sheet and financial strength Housing lending1 Business lending2 Agri lending NZDb NZDb NZDb 109.5 111.1 113.4 15.1 15.0 15.2 14.5 107.3 6.9 6.6 6.6 6.7 2.0 2.1 2.1 1.9 25.9 25.8 25.9 26.2 4.2 4.2 4.3 2.6 4.2 3.0 2.7 2.6 81.4 83.7 85.2 87.2 8.9 8.7 8.8 8.4 3.9 3.9 4.0 4.1
Slide 48: Institutional
Institutional • #1 Institutional Bank across Australia, New Zealand and Asia1,2 for Revenue composition relationship strength and quality Leading PCM (Primary) • Deep, long-term relationships with core customers who value our institutional Payments & Cash network and capabilities (~60% customers use
Slide 49: Institutional
Institutional Summary Customer franchise revenue1, $b Core lending2, $b Risk intensity (ex Markets) 3.2 3.1 3.0 3.0 52% 2.4 2.36% 2.41% 40% 40% 41% 41% 1.8 2.27% 2.28% 1.6 1.6 1.7 1.3 1.52% 1.50% 1.51% 1.51% 282 1.44% 235 271 260 260 1.4 1.4 1.4 1.4 1.32% 1.1 166 162 168 175 72% 78% 78% 77% 78% 141
Slide 50: Institutional
Institutional Margins NIM1 drivers (ex Markets), bps Risk adjusted NIM4 (ex Markets)– by geography, bps 236 Institutional Australia & PNG -4 351 367 370 360 373 364 224 348 343 -5 294 292 -3 253 240 2H24 Funding mix Lower cash rates Competition 1H25 2H22 1H23 2H23 1H24 2H24 1H25 2H22 1H23 2H23 1H24
Slide 51: Markets Income
Markets Income Markets historical monthly income, $m Customer Franchise income1, $m Historical monthly revenue distribution (FY15-1H25) First half 869 757 125 750 590 112 118 114 32 80 55 53 232 158 211 181 407 394 370 324 1H22 1H23 1H24 1H25 Second half 670 681 575 76 120 53 35 45 30 111 189 164 38
Slide 52: Institutional
Institutional Payments and cash management Change vs PCM revenue pre-pandemic 1H25 vs 2H19 Balance by rate sensitivity Zero low-rate deposits $m (excluding term deposits) (by currency) 1,000 922 916 901 898 1.0 NII 115 652 727 720 703 698 +$0.2b, +55% 500 449 0.5 Customer rate 0 203 195 196 198 200
Slide 53: Institutional
Institutional Digital platforms - scalable operating leverage, capital light Payments1 Direct integration payments1,2 Real time payments1,2 Client monies m m NPP Agency, m Platform cash mgt. accounts3, k +5% +17% +20% 17% 341 358 231 312 411 400 467 320 161 29 295 138 124 24 Deposit Balance4, $b 99
Slide 54: Institutional Financial metrics
Institutional Financial metrics Total Institutional Aus. & PNG New Zealand International $’m 1H25 vs 2H24 vs 1H24 1H25 vs 2H24 vs 1H24 1H25 vs 2H24 vs 1H24 1H25 vs 2H24 vs 1H24 Income 3,419 3% -4% 1,674 3% 0% 461 -3% -8% 1,284 6% -8% Expenses 1,461 2% 1% 748 6% 5% 115 -1% 2% 598 -2% -4% Total provis
Slide 55: Suncorp Bank
Suncorp Bank • Solid growth in retail customer deposits, providing sustainable funding and supporting Improvement in Direct Home Lending Onboarding NPS margin outcomes +86.7 Growing • Home lending momentum continues to improve since acquisition. Q2 applications +47.7 were over 40% higher than PCP wi
Slide 56: Suncorp Bank
Suncorp Bank Balance sheet and financial strength Home lending, $b Business lending, $b Customer deposits, $b 58 59 13 13 55 56 18 18 3 3 14 14 7 7 5 5 16 16 40 41 5 5 18 19 Sep 24 Mar 25 Sep 24 Mar 25 Sep 24 Mar 25 Owner Occupied Investor Agribusiness Commercial SME Savings Term Deposits Offset Tra
Slide 57: Group Treasury
2025 Half Year Results Investor Discussion Pack Group Treasury
Slide 58: ANZ Group capital
ANZ Group capital ANZ Bank Group capital composition1, $b ANZ Bank Group key capital ratios (%) Mar 24 Sep 24 Mar 25 95.8 97.1 Level 2 CET1 capital ratio 13.5 12.2 11.8 93.7 Level 2 CET1 HoH mvmt +16 bps -130 bps -42 bps 28.2 Additional Tier 1 capital ratio 1.9 1.8 1.6 29.2 32.8 Tier 1 capital ratio
Slide 59: Capital ratios on a Basel Harmonised basis
Capital ratios on a Basel Harmonised basis Level 2 capital ratio (APRA vs Basel Harmonised)1, % APRA Level 2 CET1 ratio – 31 March 2025 11.8% Australia APRA requires cohort specific multipliers (i.e. 1.4x for Owner Residential Occupier Principal and Interest & 1.7x for all Other mortgage types) +1.0
Slide 60: Regulatory capital
Regulatory capital ANZ Bank Group capital • Level 2 CET1 ratio of 11.8% (Level 1 (L1) CET1 ratio of 12.0%). This is above APRA’s expectation of an 11% - 11.5% operating range • Underlying RWA growth (excluding Markets) primarily driven by lending growth in Institutional, Australia Retail and New Zea
Slide 61: Regulatory capital – risk weighted assets
Regulatory capital – risk weighted assets Risk weighted assets – Level 2, $b 1.7 7.2 469.0 13.2 0.8 4.6 451.2 -0.8 -2.2 -2.1 446.6 Sep 24 FX impacts Sep 24 Divisional lending Markets1 Risk Other IRRBB Operational Capital floor Mar 25 FX adjusted ex Markets impacts credit risk adjustment Risk weighte
Slide 62: Regulatory capital update: APRA's AT1 changes
Regulatory capital update: APRA’s Additional Tier 1 (AT1) changes Proposed changes to simplify the capital framework Updated minimum APRA capital requirements including buffers • APRA released an update on AT1 in December 2024 which Total Capital Ratio confirmed their intention to phase out AT1 18.2
Slide 63: Balance sheet structure
Balance sheet structure1 NSFR movement, % Balance sheet composition, Mar 25 1.4 1.9 Offshore Short Term W’sale Debt 6% 0.3 117.0 116.1 -2.1 Domestic Short Term -0.6 Wholesale Debt and Liquid and Other Assets Other Funding5 37% 19% Corporate, PSE and Operational Sep 24 Deposits & Wholesale Loans Secu
Slide 64: Liquidity coverage ratio (LCR) summary
Liquidity coverage ratio (LCR) summary1 $10b increase in average LCR surplus2 LCR composition, Average 1H25 $74b 2H24 1H25 Offshore short-dated Financial 306 Institution (FI) deposits are Avg LCR 132% Avg LCR 132% Other LCR Liquids5 typically placed with Central Banks. 40 Whilst this has no effect o
Slide 65: Term wholesale funding
Term wholesale funding1 ANZ has access to a diverse range of wholesale funding Portfolio composition • 1H25 term funding issuance of ~$22b against a full year target of ~$35b Product • ANZ’s future term funding issuance depends on many factors including market conditions, balance sheet needs and exc
Slide 66: Suncorp Bank term wholesale funding
Suncorp Bank term wholesale funding Suncorp Bank funding requirements are consistent with prior years ANZ Group continues to have the lowest term portfolio of peers1 • Suncorp Bank’s credit ratings are the same as for ANZBGL (AA-/Aa2/AA-) Term Funding Outstandings, Mar 25 A$b 168 176 171 • While Sun
Slide 67: Tier 2 capital
Tier 2 capital1 ANZ is well placed to meet APRA and RBNZ Tier 2 requirements Tier 2 capital, Notional amount % • APRA Level 2 Total Capital ratio is 20.4%. On a Basel Harmonised basis, total capital ratio is 27.9% AUD • ANZBGL has issued ~$4.1b of Tier 2 against an expected FY25 Tier 2 requirements
Slide 68: Capital and replicating deposits portfolio
Capital and replicating deposits portfolio1 Includes unhedged component Australia, % Portfolio earnings rate, Average % 5 Australia New Zealand 4 1H23 1.90% 1.93% 3 2H23 2.16% 2.43% 2 1H24 2.35% 3.06% 1 2H24 2.54% 3.57% 0 Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar 1H25 2.78% 3.78% 23 23 23
Slide 69: Capital & liquidity prudential outlook
Capital & liquidity prudential outlook1,2 2025 2026 2027 Implementation Date Loss-Absorbing Capacity (LAC) Transition 2026 APRA Additional Tier 1 Proposal Consultation Implementation (TBC) 2027 (TBC) Comprehensive review Consultation Implementation (TBC) 2026/2027 (TBC) of APS210 (Liquidity) Recover
Slide 70: Risk Management & Housing
2025 Half Year Results Investor Discussion Pack Risk Management & Housing Risk Management metrics include Suncorp Bank from Sep 24 onwards
Slide 71: De-risked through portfolio reshaping
De-risked through portfolio reshaping Total exposures, EAD $b Regulatory expected loss (REL)3,4 % of EAD defaulted4 REL/IRB EAD, 1H25 Wholesale portfolio, 1H25 894 1,342 1% 1% 0.40% 0.79% Other 0.34% Sovereign 14% Historical loss rates1, bps 0.29% 0.58% 22% Financial 9% Sovereign ~0 0.28% Institutio
Slide 72: De-risked through portfolio reshaping
De-risked through portfolio reshaping Institutional re-balancing ‘Tail risk’ reduction Institutional EAD1 as a % of Group EAD Institutional collective provision balance Tail risk exposures as a % of Group EAD 0.98% 0.76% ‘Tail risk’ exposures are defined as on-balance sheet, non- investment grade, u
Slide 73: Long run provisions & loss rates
Long run provisions & loss rates Total credit impairment charge, $m Consumer Individual Provision Institutional Individual Provision 1,800 Commercial Individual Provision Collective Provision charge / (release) 1,500 1,200 900 600 300 0 -300 -600 -900 1H16 2H16 1H17 2H17 1H18 2H18 1H19 2H19 1H20 2H2
Slide 74: Individual and collective credit impairment
Individual and collective credit impairment Individual provision (IP) charge / (release), $m Collective provision (CP) charge / (release), $m 106 159 -30 123 38 1H23 2H23 1H24 2H24 1H25 201 217 224 269 164 Total CP charge / (release) 163 -11 32 230 -14 36 22 37 40 32 -116 -163 -158 -142 -267 Volume/
Slide 75: Collective provision (CP) balance
Collective provision (CP) balance Provision balance by stage, Mar 25 $b Portfolio composition and coverage, Mar 25 % CP coverage 0.52% 1.13% 0.32% 0.46% 2.0 1.90 1.85 $824b $378b $1,342b $921b 1.5 100% 1.0 0.89 0.89 50% 0.5 0.0 0% Stage 1 Stage 2 Stage 3 Stage 3 Gross loans Credit RWA Exposure Expos
Slide 76: Expected credit loss – Economic scenarios and modelled outcomes
Expected credit loss – Economic scenarios and modelled outcomes Mar 25, $m Average weightings to scenarios to determine Economic scenarios Actual Base case 2 CP balance 31 March 2025 CY2022A CY2023A CY2024 CY2025F CY2026F 1% 46% 40% 13% Australia GDP change3 3.6% 2.0% 1.1% 2.1% 2.5% Unemployment rat
Slide 77: Impaired assets
Impaired assets Gross impaired assets, $b Gross impaired assets, $b New impaired assets, $b Gross impaired assets, $b By category By division By division By size of exposure 0.35% 0.27% 5 5 6 5 0.21% 0.21% 0.21% 0.25% 0.17% 5 4 4 4 0.21% 0.18% 0.16% 4 3 3 3 2.25 2.25 3 2.25 2 1.69 2 1.69 2 1.69 1.52
Slide 78: Consumer and wholesale portfolio risk trends
Consumer and wholesale portfolio risk trends Consumer portfolio1 Control list4, indexed data 90+ DPD as a % of total portfolio balances Sep 20=100 1.50 120 1.25 90 1.00 0.75 60 0.50 30 0.25 0.00 0 Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar 18 19 1
Slide 79: Risk weighted assets and exposure at default
Risk weighted assets and exposure at default Exposure at default1, $b Total risk weighted assets (RWA), $b Credit risk weighted asset drivers2, $b 1,342 447 469 1,193 1,260 436 432 432 1,162 1,151 20 22 5 12 15.2 0.7 378.1 16 4 3 50 51 14 15 42 42 43 4.0 422 31 28 361.2 -0.8 -2.2 374 44 42 38 408 36
Slide 80: Total portfolio composition
Total portfolio composition % of Impaired Assets Gross Impaired Category % of Group EAD1 Exposure at Default (EAD) distribution to EAD1 Assets2 Mar 24 Sep 24 Mar 25 Mar 24 Sep 24 Mar 25 Mar 25 4.1% Consumer Lending 41.4% 43.6% 41.7% 0.2% 0.2% 0.2% $1,322m 0.8% Finance, Investment & Insurance 24.5% 2
Slide 81: Commercial Property
Commercial Property Outstandings by region, GLA $b Outstandings by sector, % Commercial property collateral1,2, % 77% of portfolio well secured 7.5% 7.3% 7.4% 46% 60.8 8% 8% 8% 58.6 2.2 53.4 2.0 9.1 19% 19% 20% 1.7 9.6 30% 10.6 29% 27% 27% 47.1 49.5 13% 41.1 19% 20% 22% 10% 24% 25% 23% 1% Sep 23 Sep
Slide 82: ANZ Institutional portfolio
ANZ Institutional portfolio Size & tenor by market of EAD1 Industry composition, EAD1 Product composition, EAD1 Market of incorporation, EAD1 By market of incorporation, $b Mar 25 3% 2% 11% 9% 597 1% 4% 5% 4% 4% 3% 32% 6% 2% 36% 4% 14% 45% 7% 8% 50% 9% 24% 17% 311 17% 34% 32% Finance, Investment & I
Slide 83: Institutional Asia portfolio
Institutional Asia portfolio Asia portfolio composition, % of EAD1 Asia industry composition, EAD1 Asia product composition, EAD1 Asia China Asia Asia $130b 2% 7% 5% 4% 2% 6% 11% 7% 1% 1% 4% 2% 31% 17% 5% 1% 18% 11% 11% 66% 70% 15% 24% Investment 53% China grade 96% $21b Finance, Investment & Insura
Slide 84: Resources portfolio
Resources portfolio Resources Portfolio, EAD1 $b Thermal Coal Mining, EAD1 $b 20.0 2.0 1.7 1.5 0.6 17.3 17.0 1.3 16.2 0.8 0.5 1.0 15.3 0.7 0.8 1.2 14.6 2.9 0.4 0.7 1.0 0.9 0.5 14.0 0.2 0.5 1.1 0.7 1.5 1.2 13.1 0.8 0.9 13.0 1.0 11.1 0.0 0.3 0.4 0.3 0.2 1.7 1.0 1.2 0.6 1.0 0.6 Sep Sep Sep Sep Mar Sep
Slide 85: Australia Retail home loans – portfolio overview
Australia Retail home loans – portfolio overview Portfolio1 Flow Portfolio1 Mar 23 Mar 24 Mar 25 1H24 1H25 Mar 23 Mar 24 Mar 25 Number of Home Loan accounts2,3 969k 950k 940k 85k 86k Average LVR at Origination9,10 65% 66% 66% Average Dynamic LVR (excl. offset)10,11 50% 49% 48% Total FUM2 $293b $314b
Slide 86: Australia Retail home loans – portfolio composition
Australia Retail home loans – portfolio composition Home loan balance composition1,2, $b Home loan balance & lending flow1, $b 333 27 324 52 4 314 2 333 304 3 28 314 293 3 27 -64 3 25 4 3 25 3 24 3 3 3 76 71 74 68 65 Mar 24 New Sales Net OFI Refi. Redraw & Repay Mar 25 excl. Refi-In Interest / Other
Slide 87: Australia Retail home loans – portfolio composition & flow
Australia Retail home loans – portfolio composition & flow By purpose, % of total balances By Location, % of total balances Portfolio1,2 Portfolio1 1% 1% 1% 6% 6% 6% 31% 31% 31% 10% 10% 10% 15% 15% 16% 33% 33% 33% 68% 68% 68% 35% 36% 35% Mar 23 Mar 24 Mar 25 Mar 23 Mar 24 Mar 25 Owner Occupied Inves
Slide 88: Australia Retail home loans – portfolio composition & flow
Australia Retail home loans – portfolio composition & flow LVR profile1, % of total balances By channel, % of total balances Dynamic LVR – Portfolio2,3 Portfolio2,5 20% 16% 16% 1% 1% 44% 42% 40% 80% 83% 83% 56% 58% 60% Mar 23 Mar 24 Mar 25 Mar 23 Mar 24 Mar 25 >80% LVR 80% LVR <80% LVR Proprietary B
Slide 89: Australia Retail home loans - portfolio resilience
Australia Retail home loans - portfolio resilience Home Loans repayment profile1,2 Home Loans on time and <1 month ahead profile 2,3 % of accounts ahead of repayments % composition of accounts 40 36% 37% 39% 20 18% 15% 4% 13% 20% 9% 26% 39% 44% 0 Overdue On Time <1 month 1-3 3-6 6-12 1-2 years >2 ye
Slide 90: Australia Retail home loans - portfolio origination and attributes
Australia Retail home loans - portfolio origination and attributes Home loans portfolio, Mar 25 ANZ Interest rate buffer & floor Total Portfolio ($b) With the stabilising rate environment, 19% Home loan applications are assessed at the greater of the of customers are now on interest rates customer i
Slide 91: Australia Retail home loans – portfolio performance
Australia Retail home loans – portfolio performance Home loans 90+ DPD ( by state)1,2 Home loans delinquencies1,2,3 % of portfolio segment balances % of portfolio segment balances 1.5 3 1.0 2 1 0.5 0 0.0 Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar Sep Mar VIC & TAS NSW & ACT QLD WA SA & NT Portfolio 19
Slide 92: New Zealand home loans – portfolio overview
New Zealand home loans – portfolio overview Portfolio Flow Portfolio Flow 1H23 1H24 1H25 1H24 1H25 1H23 1H24 1H25 1H24 1H25 Number of Home Loan Accounts 538k 552k 562k 27k 30k % Paying Interest Only 12% 11% 10% 16% 17% Total FUM (NZD) 105b 109b 113b 10b 12b % Paying Principal & Interest 88% 89% 90%
Slide 93: Environmental, Social and Governance (ESG)
2025 Half Year Results Environmental, Social and Governance (ESG)
Slide 94: 2025 half year performance against ESG targets
2025 half year performance against ESG targets Target Performance Encourage our customers to build and maintain financial resilience with the aim of having at least 2.5 million customers1 with a Over 2.5 million customers2 financial buffer of approximately 6 weeks’ expenses by end 2026. (Australia/N
Slide 95: 2025 half year performance against ESG targets
2025 half year performance against ESG targets Target Performance Reduce the direct impact of our business activities on the environment1,2 by: 80% reduction, since 20157 • Reducing combined Scope 1 and 2 emissions by 85% by 2025 and 90% by 2030 (against 2015 baseline) Increased to 60%7 • Being powe
Slide 96: Our ESG approach and related disclosures
Our ESG approach and related disclosures Our suite of ESG reports are produced to meet the needs of our key external stakeholders, including our investors and customers, and take account of our social, environmental and economic risks and opportunities. At ANZ, our purpose is to shape a world where
Slide 97: Important information – Climate-related information
Important information – Climate-related information This presentation may contain climate-related statements, including in relation to climate-related risks and opportunities and climate-related goals and ambitions. While the statements were prepared in good faith, climate-related statements are sub
Slide 98: Shareholder centre and investor relations contacts
Shareholder centre and investor relations contacts Group Investor Relations Retail investors Debt investors Jill Campbell Cameron Davis Pavita Sivakumar Michelle Weerakoon David Goode Group General Manager Executive Manager Senior Manager Manager Head of Investor Relations Investor Relations Investo