ANZ Group Holdings (OTCPK:ANZG.Y) Earnings Call Presentation

Strategic Priorities - ANZ aims to win the preference of customers, shareholders, and the community by focusing on customer-centric strategies, simplicity, resilience, and value delivery[16, 34, 74] - The company's immediate priorities include embedding the new leadership team, integrating Suncorp Bank faster, accelerating the delivery of ANZ Plus, reducing duplication, and enhancing non-financial risk management[24] - ANZ plans to upgrade 8 million retail customers in Australia to the ANZ Plus front-end by September 2027[29] Financial Targets and Synergies - ANZ anticipates achieving full run-rate synergies of $500 million from Suncorp Bank by FY29[68, 71] - The company estimates gross cost savings of $800 million to be delivered in FY26[68, 71] - ANZ aims to increase Return on Tangible Equity (ROTE) from 10.3% in FY24 towards 12% by FY28 and towards 13% by FY30[68, 71] - The company targets a cost-to-income ratio in the mid-40s percent by FY28 and sustained through to FY30[68, 71] Business Model - ANZ has a diversified business model with two scale markets and two market-leading positions[12] - The company has approximately 8 million retail customers and 700,000 commercial customers[13] - ANZ is the 1 Institutional Bank across Australia, New Zealand, and Asia for relationship strength & quality[13]