Company Information
About ANZ Group Holdings (ASX: ANZ)
ANZ Group Holdings Limited is a company that holds no direct business operations but oversees a group of divisions that specialize in various banking and financial services. The company operates through six primary divisions:
The Australia Retail division offers a variety of banking services including home loans, deposits, credit cards, personal loans, and provides access through digital and Internet banking as well as phone banking.
The Australia Commercial division delivers a full range of banking products and financial services to small business owners and medium-sized commercial customers, including asset financing solutions.
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The Institutional division is focused on serving government entities, global institutions, and corporate customers in Australia, New Zealand, and internationally.
The New Zealand division caters to individual customers with personal banking and wealth management services.
The Pacific division is engaged in traditional relationship banking offering retail products.
Lastly, the Group Center division supports the operational aspects of the company, including technology, property, and risk management functions.
In terms of financials, ANZ Group Holdings Limited reported a total revenue of AUD 56.88 billion and a net income of AUD 6.96 billion over the trailing twelve months. The company was incorporated in 2022 and employs around 40,260 people.
ANZ Group Holdings (ASX: ANZ) Live Chart
ANZ Group Holdings (ASX: ANZ) Forecast
Analysts on Wall Street have presented their 12-month price targets for ANZ Group Holdings, with an average target set at AU$28.47. Predictions range with some analysts foreseeing a peak value of AU$31.50, while others maintain a more conservative estimate of AU$25.73. This average target suggests a modest potential upside of 1.52% compared to ANZ’s recent trading price of AU$28.04.
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