ANZ Annual Profit Rises 11%
Australia & New Zealand Banking Group (OTC: ANZBY) reported an 11% rise in its annual profit.
ANZ's net profit for the year climbed to 6.27 billion Australian dollars (US$6 billion), from A$5.66 billion, in the year-ago period.
Its cash earnings rose 11% to A$6.5 billion, beating analysts' estimates of A$6.4 billion.
Australia & New Zealand Banking shares closed at $31.91 yesterday.
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