Australia And New Zealand Banking Group Ltd. (ANZ, ANZBY.PK, ANZ.AX)or ANZ reported that its first half Cash Profit rose 10 percent to A$3.182 billion from A$2.896 billion in the prior year.
Statutory profit attributable to shareholders of the company was A$2.94 billion, up from A$2.919 billion in the previous year.
Earnings per share were 113.2 cents, compared to 104.8 cents last year.
Net interest income grew to A$6.236 billion from A$5.984 billion in the previous year.
The company also boosted its interim dividend by 11 percent to A$0.73. ANZ is focused on maintaining a full year dividend payout in the range of 65% to 70% of cash earnings and aligning its dividend with earnings growth.
"While the credit outlook remains stable we believe ongoing stress in certain parts of the economy warrants a cautious outlook," ANZ Chief Executive Officer Mike Smith said.
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