CANBERA (dpa-AFX) - Australia And New Zealand Banking Group Ltd. (ANZ.AX, ANZBY.PK, ANZ) reported that its profit attributable to shareholders of the company for the half year ended 31 March 2024 declined to A$3.41 billion or 111.5 cents per share from A$3.56 billion or 113.0 cents per share in the previous year.
Cash profit for the period was A$3.55 billion, down from A$3.83 billion in the prior year.
Net interest income for the period was A$7.90 billion down from A$8.50 billion in the prior year. But other operating income for the period was A$2.11 billion up from A$1.50 billion in the previous year.
ANZ announced it intends to buy back up to A$2 billion of shares on-market as part of its capital management plan.
The Board has proposed an Interim Dividend of 83 cents per share, partially franked at 65%.
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