ANZ SUNCORP News & Analysis

ANZ Group needs margin and efficiency improvement rather than market share gains.

Nathan Zaia discusses the rationale and impact of ANZ's Suncorp Bank purchase.

Our view of both companies after the acquisition. 

Is the bank paying too much for home loan growth?

The bank has lifted home loan growth above its peers but has this come at a cost to its margins and dividend growth.

Fallout from interest rate tightening is manageable.

Senior Equity Analyst Nathan Zaia walks through bank earnings and the next steps in the proposed merger between ANZ and Suncorp.

The proposed merger has been rejected by the ACCC and prospects for the deal are looking unlikely. 

Rising interest rates and a challenged economic outlook confront the big banks but will this dampen their outlook.

Suncorp shareholders are selling at a premium while ANZ gets an easy way to scale up home and SME lending.