Australia and New Zealand Banking Group Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Australia and New Zealand Banking Group Limited with three other
banks in Australasia:
Bendigo and Adelaide Bank Ltd
(2020
sales of 2.53 billion Australian Dollars [US$1.97 billion]
of which 43%
was Consumer),
Commonwealth Bank of Australia
(35.45 billion Australian Dollars [US$27.57 billion]
of which 32%
was Retail Banking Services), and
Westpac Banking Corporation
(30.47 billion Australian Dollars [US$23.70 billion]
of which 28%
was Consumer).
Sales Analysis.
During the year ended September of 2020, sales at
Australia and New Zealand Banking Group Limited were A$30.02 billion (US$23.34 billion).
This
is
a
decrease of 18.0%
versus 2019, when the company's sales were A$36.59 billion.
Contributing to the drop in overall sales was the 63.4% decline
in Tso and Group Center, from A$303.00 million to A$111.00 million.
There were also decreases in sales in
Australia (down 2.2% to A$7.92 billion)
and
New Zealand (down 0.2% to A$2.73 billion)
and
Pacific (down 14.8% to A$109.00 million)
.
However, these declines were partially offset by the increase in sales of
Institutional (up 3.3% to A$3.18 billion)
.