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
sales of 3.00 billion Australian Dollars [US$2.10 billion]
of which 33%
was Local connection),
Westpac Banking Corporation
(38.28 billion Australian Dollars [US$26.83 billion]
of which 20%
was Consumer Bank), and
Commonwealth Bank of Australia
(42.10 billion Australian Dollars [US$29.50 billion]
of which 28%
was Retail Banking Services).
During the year ended September of 2018, sales at
Australia and New Zealand Banking Group Limited were A$36.23 billion (US$25.39 billion).
decrease of 8.3%
versus 2017, when the company's sales were A$39.50 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Australia and New Zealand Banking Group Limited had sales
of A$34.23 billion.
Contributing to the drop in overall sales was the 72.8% decline
in Asia Retail and Pacific, from A$685.00 million to A$186.00 million.
There were also decreases in sales in
Australia (down 47.1% to A$8.41 billion)
Institutional (down 55.9% to A$3.07 billion)
New Zealand (down 52.1% to A$2.59 billion)
Wealth Australia (down 32.9% to A$49.00 million)
However, these declines were partially offset by the increase in sales of
Tso and Group Center (up 82.2% to A$215.00 million)