ANZ Group Holdings Ltd
ANZ: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$99.00 | Sgkz | Xcvjntzhh |
ANZ Group: Loan Growth and Sound Credit Quality Drive Higher Profit
We make no change to our AUD 31 fair value estimate for wide-moat ANZ Group following a brief third-quarter update. Highlights include above-market lending volume growth, a strong capital position, and a moderate rise in loan book stress.