Company
Australia and New Zealand Banking Group Limited
Headquarters: Melbourne, VIC, Australia
Founded: 1 October 1970
Employees: 39,684
CEO: Mr. Shayne Cary Elliott B.Com, B.Com.
Market Cap
A$77.49 Billion
AUD as of Jan. 1, 2024
US$52.78 Billion
Australia and New Zealand Banking Group Limited Categories
Australia Financials Banks—DiversifiedAustralia Financials Australia Banks—Diversified
Company Description
The Australia and New Zealand Banking Group Limited, commonly called ANZ, is a multinational bank. The third-largest bank in Australia by market capitalization, ANZ is the largest bank in New Zealand, and it is also present in 34 other nations.
Top Competitors by Market Capitalization
Industry: Banks—Diversified
| Company | Market Cap (USD) |
|---|---|
| JPMorgan | $495.55 B |
| Bank of America | $267.48 B |
| ICBC | $226.49 B |
| Wells Fargo | $178.97 B |
| Agricultural Bank of China | $178.47 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia and internationally. Its Australia Retail and Commercial division offers various products and services to consumer customers through the branch network, mortgage specialists, contact centers, self-service channels, and third-party brokers, as well as financial planning services. It also provides asset financing for medium to large commercial customers, agribusiness customers, small business owners, high net worth individuals, and family groups. The company's Institutional division offers documentary trade, supply chain and commodity financing, cash management solutions, deposits, payments, and clearing services; loan syndication, loan structuring and execution, project and export finance, debt structuring and acquisition finance, and corporate advisory services, as well as loan products; and risk management services. It serves governments, and global institutional and corporate customers. The company's New Zealand division provides banking and wealth management services to consumer, and private banking and small business banking customers through its Internet and app-based digital solutions, network of branches, mortgage specialists, relationship managers, and contact centers; and traditional relationship banking and financial solutions for medium to large enterprises, agricultural business segments, and government and government-related entities. Its Pacific division offers retail products, and traditional relationship banking and financial solutions. This division serves retail customers, small to medium-sized enterprises, institutional customers, and governments. Australia and New Zealand Banking Group Limited has a strategic partnership with Cashrewards Limited to launch Cashrewards MaxTM for Australia and New Zealand consumer credit and debit card holders. The company was founded in 1835 and is headquartered in Melbourne, Australia.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
Australia and New Zealand Banking Group Limited has the following listings and related stock indices.
Stock: ASX: ANZ wb_incandescent
Stock: ASX: ANZPE wb_incandescent
Product & Services
Finance and insurance, consumer banking, corporate banking, private banking, Investment banking, investment management, global wealth management, private equity, mortgages, credit cards
Key People
Paul O' Sullivan (Chairman) Shayne Elliott (CEO)
Financials
Revenue: A$18.76 billion (2019)
Operating income: A$17.42 billion (2021)
Net income: A$6.16 billion (2021)
Total assets: A$978.9 billion (2021)
Total equity: A$63.7 billion (2021)