• Delivered strong financial performance with 14% growth in cash profit
• Accelerating the delivery of strategic initiatives to drive productivity and growth
• Integrating Suncorp Bank and rolling out single customer front-end on track

ANZ Group reported a strong financial performance for the first half of 2026, with cash profit increasing by 14% compared to the prior period. This was driven by revenue growth and disciplined cost management, with the cost-to-income ratio improving to 49.4%. The company's return on tangible equity also increased to 11.6%. ANZ is making good progress on its strategic initiatives under the ANZ 2030 strategy, including embedding a new leadership team, enhancing non-financial risk management, reducing duplication and simplifying the organization, accelerating the delivery of the single customer front-end, and integrating Suncorp Bank faster to deliver value. The integration of Suncorp Bank is 57% complete, with the expectation to complete the safe and secure migration of Suncorp Bank customers to ANZ by June 2027. The rollout of the single customer front-end to ANZ's 8 million Retail and Small Business customers is also on track, with 45% of the work completed. ANZ is focused on delivering value for shareholders by improving customer service, differentiating through superior propositions, strengthening proprietary origination, and managing capital efficiently.

ANZ is targeting estimated gross cost savings of $800 million in the 2026 financial year, with 49% of this target already realized as of March 2026.

ANZ is focused on delivering on its immediate priorities to get the basics right, including substantial improvement in productivity and initial investment for growth. The company is also working to realize the benefits of these strong foundations, accelerate growth, and outperform the market in the second phase of its ANZ 2030 strategy.