ANZ’s third quarter earnings hit record high $5.2 billion

While softer revenue had impacted on performance, a continued focus on cost reduction would deliver a full-year earnings result in line with a previous guidance of 4 to 5 per cent growth, although the bank warned this now could be expected at the lower end.

In a trading update to investors this morning, the bank said cash earnings for the nine-month period leapt 8 per cent to $5. 2 billion - a new record - and that it maintained momentum for another record full-year result.

Read more here: ABC


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