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Blue-Chip

Which bank stock to buy ?

October 28, 2014 | Team Kalkine
Which bank stock to buy ?

With the focus gradually shifting back towards financial sector, we bring you today an analysis for the Australia and New Zealand Banking Group Limited (ANZ).

For 1H14, the Group’s statutory profit was $3.4 billion up 15% as opposed to that of 1H13; cash profit was $3.5 billion, i.e., 11% increase from that of 1H13. The Group reported a fully franked interim dividend of 83 cents per share, which is an increase of 14%. Further, ANZ’s income rose by 3.6% and expenses were up by 1.7%. The Group’s total shareholder returns were 19% for the past twelve months. Click Here To Read The Full Report.
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