ANZ Bank has reported a record revenue of $10.995 billion for the six months ending 31 March 2025, marking a 5% increase compared to the previous half-year. The bank's cash profit rose by 12% to $3.568 billion, reflecting strong operational momentum and effective cost management strategies.

Profit before provisions increased by 6% to $5.253 billion, indicating stable growth across key banking divisions. Earnings per share saw a 13% rise, reaching 120.1 cents, while return on equity improved by 94 basis points to 10.2%. ANZ maintained its interim dividend at 83 cents per share, consistent with the prior half-year payout.

A significant contributor to ANZ's revenue growth was the inclusion of Suncorp Bank for its first full half-year, which enhanced the bank's diversification and scale within Australia's retail and commercial segments.

ANZ's CEO, Shayne Elliott, noted the bank's strong positioning despite geopolitical risks and an enforceable undertaking by the Australian Prudential Regulation Authority (APRA) related to non-financial risk management, which resulted in a $250 million capital overlay.

ANZ's capital and collective provisions remain robust, highlighting disciplined risk management practices. The bank reported progress in digital engagement, with the ANZ Plus platform seeing customer deposits reach $21 billion and increased active customer engagement. The ANZ Transactive Global platform also experienced substantial growth in client transactions and deposits.

Operating costs rose by approximately 4%, attributed to wage inflation, strategic initiatives, and the integration of Suncorp Bank. These costs were partially offset by productivity gains. ANZ's Common Equity Tier 1 ratio stood at 11.8%, indicating strong capital adequacy.

"The future of global conditions is uncertain and there will continue to be periods of increased volatility," said Elliot.