Australia and New Zealand Banking Group (ANZ) announced that its H2 2025 statutory and cash profit will be affected by several significant items, resulting in a net after-tax charge of around A$1.11 billion (approximately $727.19 million). These items led to a 19-basis-point reduction in the bank’s CET1 capital. The significant items include a pre-tax charge of A$285 million for the impairment of PT Bank Pan Indonesia (PT Panin), a final pre-tax charge of A$585 million related to staff redundancies announced in September 2025, and A$240 million in penalties tied to its settlement with the Australian Securities and Investments Commission (ASIC). The after-tax charge for the ASIC settlement amounts to A$264 million, which includes the penalty and A$31 million in associated costs.
The bank also recorded a pre-tax charge of A$97 million related to the Suncorp Bank migration, reflecting costs linked to existing contracts extending beyond the revised migration date, and a pre-tax charge of A$78 million from winding down Cashrewards. ANZ finalized acquisition accounting adjustments for its Suncorp Bank acquisition, which resulted in a goodwill increase of A$141 million compared to figures disclosed in March. The bank will release its H2 2025 results on 10 November 2025.
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