Morningstar DBRS Confirms Australia and New Zealand Banking Group Limited’s Long-Term Issuer Rating at AA, Stable Trend
Morningstar DBRS confirmed Australia and New Zealand Banking Group Limited's (ANZ) long-term issuer rating at AA with a stable trend. The rating reflects ANZ's strong franchise, resilient earnings, and robust capital position, with total assets of AUD 1,314 billion. The company reported a net profit of AUD 3,650 million in H1 2026, with a statutory return on average equity of 10.3%.
How this was made
The 30-second read
Why it matters
The rating confirmation signals continued creditworthiness but does not change the rating, so price impact is expected to be minimal.
Market read
Provides fresh confirmation of ANZ's AA rating, useful for credit-focused investors.
What to watch
Potential upcoming regulatory changes or macro risks could affect future rating.
Background
ANZ is a major Australian bank; credit rating agencies periodically review and confirm ratings.
Market effects
reinforces stability perception of Australian banking sector
supports confidence in ANZ and peers in Australia/New Zealand
limited, primarily local impact
Counterpoint
Investors may view reaffirmed AA rating as a cue to watch for future upgrades rather than immediate buying.
Key entities
- companyAustralia and New Zealand Banking Group Limited
Major bank in Australia and New Zealand, ticker ANZ.AX.
- rating_agencyMorningstar DBRS
Credit rating agency that confirmed ANZ's rating.
