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Australian lender ANZ reports 31% rise in full-year cash profit

By Reuters News

Nov 9 (Reuters) - Australian lender ANZ Group ANZ.AX reported a 31% rise in annual profit on Monday, driven by management of margins, capital, and costs, as well as business growth.

ANZ, Australia's fourth-largest lender by market capitalisation, posted cash profit of A$7.59 billion ($5.21 billion) for the year ended September 30, in line with a Visible Alpha consensus of A$7.55 billion and above last year's A$5.79 billion.


($1 = 1.4571 Australian dollars)

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