ANZ warns H2 profit will be hit with $727.19m charges from significant items

This includes the A$240m ASIC settlement and A$285b related to PT Panin.

Australia and New Zealand Banking Group (ANZ) said that its H2 2025 statutory and cash profit will be impacted by several significant items, with a net after tax charge of almost A$1.11b (about $727.19m).

The net impact on the CET1 capital of the items above was a 19-basis point (bp) reduction.

Significant items include a A$285b pre-tax charge related to PT Bank Pan Indonesia (PT Panin) impairment; a final pre-tax charge of A$585m related to staff redundancies announced in September 2025; and the A$240m in penalties related to its settlement with the Australian Securities and Investment Commission (ASIC).

For the latter, the after-tax charge is A$264m, comprising the penalty and the A$31m in various costs associated with the matter.

There is also the Suncorp Bank migration, wherein ANZ recognized a pre-tax charge of A$97m relating to costs with existing contracts that extend beyond the revised migration date.

ANZ also recognized a pre-tax charge of A$78m related to the winding down of Cashrewards.

ANZ said that it has also finalized the acquisition accounting related to adjustments for its Suncorp Bank acquisition, with a corresponding increase to goodwill of A$141m from that disclosed last March, it said in an online statement published on 31 October 2025.

ANZ will announce its H2 2025 results on 10 November 2025.

(US$1 = A$1.53; as of 3 November 2025, Morningstar via Google)