New Zealand legal provision caps ANZ’s Q3 profit growth

Loans, net interest income, and net interest margin all improved during the quarter.

ANZ logged “decent” Q3 2026 results with credit costs under control and sound credit metrics, said CreditSights by Fitch Solutions.

“Overall, it is a decent set of results from ANZ,” the report said. “We had expected a bit more of loan and deposit growth but see the lack of the former as representing margin discipline.”

The Australian bank’s group common equity tier 1 (CET1) ratio increased to 12.51%, a 12 basis point increase compared to the previous quarter, and the highest amongst its peers who have reported so far, CreditSights said.

Loans, net interest income, and net interest margin all improved during the quarter.

Operating income reduced 2% but was offset by net interest income rising 2%.

Without a NZ$125m expense reserved for a New Zealand legal case, ANZ’s cash profit would have risen by 5%.