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BRIEF-Australia and New Zealand Banking posts FY cash profit of $5.9 bln, down 18%

Published 03/11/2016, 07:53 am
Updated 03/11/2016, 08:00 am
© Reuters.  BRIEF-Australia and New Zealand Banking posts FY cash profit of $5.9 bln, down 18%
ANZ
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Nov 3 (Reuters) - Australia And New Zealand Banking Group Ltd ANZ.AX :

* FY Statutory profit after tax for financial year ended 30 September 2016 of $5.7 billion down 24% and a cash profit of $5.9 billion down 18%

* APRA CET1 Capital Ratio at 30 September was 9.6%

* Final dividend of 80 cents per share

* FY operating income down 3% to A$20.53 billion

* Return on Equity was stable in second half of financial year at 12.2%

* "Focus will be on Australian wealth business where ANZ is exploring possible strategic and capital market options"

* Says "possible sale of life insurance, advice and superannuation and investments businesses in Australia" Source text for Eikon: ID:nASX42rL9v Further company coverage: ANZ.AX

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