Cash profit rose 1% to $1.90 billion for the quarter ended 30 June 2026, though the result was weighed by a NZD125 million expense provision tied to a New Zealand class action ruling in May, ANZ said in its third quarter trading update. The bank's Common Equity Tier 1 ratio strengthened to 12.51%, up 12 basis points from March.

Chief executive Nuno Matos said the bank remained on track to meet full-year return on tangible equity and cost-to-income targets. Net loans and advances rose 3% to $24 billion in the quarter, with business banking accelerating, while customer deposits increased $15 billion, up 2%. Excluding the class action provision, expenses fell 3%, the bank said, as it cut costs through organisational simplification, anz.com.au reports.