Should I buy ANZ Group Holdings stock in 2025?

What is ANZ Group Holdings?

How much is the ANZ Group Holdings stock?

The price of ANZ Group Holdings stock is slightly down this week. As of now, ANZ is trading at 29.04 AUD, with a 24-hour increase of 0.41%, though it has eased by 0.10% over the past week. The company’s market capitalisation stands at 85.8 billion AUD, with an average daily trading volume of 5.99 million shares over the last three months. ANZ’s P/E ratio is 13.80, offering a strong dividend yield of 7.43%, and its stock beta of 1.03 suggests moderate volatility. This blend of stable earnings and attractive dividends makes ANZ Group Holdings a compelling option for New Zealand investors seeking both income and resilience.

Our complete analysis of the ANZ Group Holdings stock

We have undertaken a comprehensive analysis of ANZ Group Holdings' latest financial disclosures and have evaluated the stock’s trajectory over the past three years, combining financial metrics, technical signals, market data, and sector peer comparisons through our proprietary quantitative models. The result highlights a robust and strategically evolving institution situated at the core of Australasian banking. So, why might ANZ Group Holdings stock once again become a strategic entry point into the Australasian financials sector in 2025?

Recent Performance and Market Context

Over the trailing twelve months, ANZ Group Holdings (ASX: ANZ) has demonstrated notable stability and resilience against a backdrop of sector volatility. As of 30 May 2025, the share price stands at AUD 29.04—up nearly 5% year-on-year, even as global financials faced macroeconomic headwinds and shifting interest rate expectations. The intraday change remains positive (+0.41%) and the share price maintains a tight range, reflecting low short-term volatility yet healthy investor activity.

Importantly, the last six months saw some near-term softness (down approximately 7.2%), which is largely attributed to sector rotation and the absorption of the transformative Suncorp Bank acquisition. However, this period of consolidation now provides a potentially attractive entry point for new capital—the stock has historically rebounded following similar integrations.

The Australian and New Zealand economies, with steady GDP growth and measured central bank policy, continue to underpin the region’s diversified financial services. ANZ’s extensive operations in both Australia and New Zealand provide valuable systemic stability for investors seeking a defensive yet growing exposure. Furthermore, a robust dividend yield of 7.43%—substantially above the sector median—adds a compelling income component, which is especially prized in the current market environment.

Technical Analysis

Technical signals for ANZ Group Holdings have shifted decisively into bullish territory. The 14-day RSI at 53.97 is neutral but leaning upwards, indicating that the stock is neither overbought nor oversold, with a clear runway for further momentum. The MACD (12,26,9) at 0.21 posts a buy signal, confirming the technical underpinning of the current structure.

The price now sits just above all short- and medium-term moving averages—20-day (28.81 AUD), 50-day (28.17 AUD), and 100-day (28.56 AUD)—all three of which are issuing buy signals. The only slight negative comes from the 200-day average (28.93 AUD), offering a low-risk platform for accumulation around current levels.

Support levels are firmly established at 28.80 AUD, with clearly defined resistance at 29.08 AUD. The tight, upward-sloping trading channel presents minimal downside risk with meaningful upside if the stock closes convincingly above resistance. Notably, out of 22 technical indicators, 14 are bullish, underscoring a broad-based buy consensus from technical participants—a historically reliable precursor to sustained advances.

Fundamental Analysis

At the core of ANZ’s appeal is its expanding revenue base and improving operating leverage. In H1 2025, the group posted a 9.5% year-on-year revenue increase to AUD 11.0 billion, with net profit up 12% to AUD 3.64 billion. Net interest income—a critical metric for banks—increased 12%, reflecting both prudent loan book growth and a favourable rate environment.

Earnings per share beat consensus by 3.75%, signalling continued outperformance against street expectations. The valuation remains attractive: a price/earnings ratio of 13.8 sits comfortably below historic and global peer averages, with the current share price implying a forward-looking consensus multiple that discounts much of the cyclical risk.

The Suncorp Bank acquisition, worth AUD 4.9 billion and now fully approved, cements ANZ’s scale in key growth segments. This positions the group as not only a defensive play but one with genuine growth momentum, leveraging both organic and strategic expansion. Digital transformation efforts (notably, integrated digital banking initiatives) are starting to generate real-world efficiency gains, helping to mitigate cost inflation and competitive pressures—critical for sustaining future earnings growth.

Structurally, ANZ stands apart for its multi-market footprint—deep roots in both Australia and New Zealand, and a growing presence in Asia-Pacific. This diversification, combined with a strong capital base and industry-leading governance, underpins high market share and long-term franchise value.

Volume and Liquidity

ANZ’s average daily trading volume, at almost 6 million shares, attests to robust liquidity, facilitating ease of entry and exit for institutional and retail investors alike. The public float consists of 2.97 billion shares out of a total 2.98 billion outstanding, making the stock highly accessible yet nimble enough for dynamic valuation adjustments in the event of strong news or macroeconomic shifts.

Such sustained volume is typically interpreted as a sign of market confidence in the stock’s prospects, as well as an important technical input for momentum traders. This also supports the maintenance of a low beta (1.03), signalling moderate volatility in relation to the broader market—a valuable attribute in uncertain conditions.

Catalysts and Positive Outlook

• Suncorp Bank Integration: This landmark acquisition is due to deliver synergies in technology, customer reach, and cost efficiencies, directly enhancing bottom-line growth.
• Net Interest Margin Expansion: An ongoing upward trend in interest rates in Australasia provides a supportive backdrop for further revenue uplift, given ANZ’s outsized exposure to this profit driver.
• Digital Initiatives: ANZ’s emerging leadership in digital and integrated banking services is expected to both shield and grow market share in key demographics, particularly against advancing fintechs.
• Operational Efficiency: Recent investments in automation and streamlined back-office functions are already producing measurable cost savings, with additional benefits anticipated as integration progresses.
• Share Buyback Extension: The May 2025 announcement of an extended buyback through 2026 reflects management’s confidence in future cash flow and gives shareholders a tangible pathway for capital return.
• ESG Commitment: Strong progress on environmental and governance benchmarks, supportive of long-term institutional ownership and in step with global investor preferences.

Each of these drivers adds depth to the investment case, providing both immediate and longer-term visibility into earnings and capital growth.

Investment Strategies

• Short-Term: Recent technical buy signals and strong support at 28.80 AUD offer a tactically attractive opportunity for nimble investors, with near-term resistance at 29.08 AUD providing a manageable first upside target.
• Medium-Term: The integration of Suncorp Bank, accelerating digital adoption, and continued outperformance versus consensus earnings expectations all suggest a constructive backdrop for holding the stock through coming quarters.
• Long-Term: The bank’s structural appeal—dominant market share, geographic diversification, and growth in fee and digital banking revenues—make it a compelling core holding for diversified Australasian and global equity portfolios. The consistently high dividend yield, further bolstered by the franking credit system for Australian investors, only strengthens the case for income-focused and compounding strategies.

Ideal positioning may be achieved by initiating or adding to exposure at current levels, with the technical structure indicating the stock is at or near a cyclical low, and key fundamental catalysts poised to play out in the coming reporting periods.

Is It the Right Time to Buy ANZ Group Holdings?

In summary, ANZ Group Holdings combines an impressive mix of financial strength, opportunistic pricing, and forward-looking catalysts—each underpinning renewed interest for investors in search of both quality and growth in the Australasian banking landscape. The group’s robust first-half 2025 results showcase its ability to deliver above-street earnings, while the successful acquisition of Suncorp Bank transforms the competitive positioning and operational scale.

Technical indicators are aligned favourably, trading volumes are elevated, and liquidity is ample, collectively pointing to strong underlying demand and business confidence. The current price levels, supported by solid moving averages and dividend payout, may represent an excellent opportunity for both new and returning investors. With the sector outlook improving and a pipeline of organic and strategic growth drivers, the stock is potentially entering a new bullish phase within the financial sector’s recovery cycle.

For those seeking a resilient, income-rich, and growth-oriented exposure, ANZ Group Holdings seems to warrant serious consideration at this juncture—its blend of capital strength, innovation, and regional leadership offers a unique opportunity for value creation as we move into 2025.

How to buy ANZ Group Holdings stock in New Zealand?

Buying ANZ Group Holdings stock online is now straightforward and secure for New Zealand investors, thanks to modern regulated brokers. You can choose between two main approaches: buying real ANZ shares for spot ownership, or trading via CFDs (contracts for difference) to speculate on price movements with leverage. Both avenues offer advantages, depending on your objectives and risk appetite. Below, we’ll clearly outline how each method works—with costs, examples, and potential scenarios—so you can make an informed choice. You'll also find a broker comparison tool further down the page to help you decide where to get started.

Buying ANZ shares outright (Cash purchase)

When you buy ANZ Group Holdings shares for cash, you become a direct shareholder and typically receive dividends. This method involves purchasing on the Australian Securities Exchange (ASX) through a broker regulated in New Zealand or Australia. Fees usually include a fixed commission per trade, often around NZ$5–NZ$15 per order—some brokers may charge as low as NZ$5 per online trade.

Example

Suppose the ANZ share price is AUD 29.04 (approx. NZ$31.30, based on recent exchange rates). With a NZ$1,000 investment and a NZ$5 brokerage fee, you could buy about 31 ANZ shares.

- Amount invested: NZ$1,000 (including NZ$5 fee)
- ANZ share price: ~NZ$31.30
- Shares purchased: 31

Gain scenario

If ANZ shares rise by 10%, your holding would be worth around NZ$1,100.

Result: +NZ$100 gross gain, giving you a +10% return on your investment (excluding currency movements, taxes, or additional fees).

Trading ANZ via CFDs

CFD (contract for difference) trading lets you speculate on ANZ share price movements without physically owning the stock. CFDs are offered by regulated online brokers and allow you to use leverage (borrowed funds) to amplify potential gains or losses. The main costs here are the spread (the broker’s markup on the price) and potential overnight financing fees if you hold leveraged positions for more than a day.

Example

You open a CFD position on ANZ shares with NZ$1,000 and 5× leverage. Your effective market exposure becomes NZ$5,000.

- Investment: NZ$1,000
- Leverage: 5×
- Total exposure: NZ$5,000

Gain scenario

If ANZ stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +NZ$400 gain on your initial NZ$1,000 (excluding broker spreads and any overnight fees). Remember: Leverage also magnifies losses.

Final advice

Before investing, always compare the fees, conditions, and available markets between brokers to find the service best suited for you. Your ideal choice—spot buying or CFD trading—depends on your personal investment goals, risk tolerance, and whether you prefer long-term ownership or active trading. To support your decision, a comprehensive broker comparison is provided below. Take your time to explore, and invest with confidence and clarity.

Our 7 tips for buying ANZ Group Holdings stock

The latest news about ANZ Group Holdings

ANZ Group Holdings reports strong half-year financial results, exceeding net profit and EPS expectations. On May 30, 2025, ANZ announced a significant 12% year-on-year increase in half-year net profit to AUD 3.64 billion, alongside a 9.5% growth in revenue to AUD 11 billion. Earnings per share reached AUD 1.20, beating analyst estimates by 3.75%. These results were underpinned by robust net interest income and effective cost management, confirming ANZ's position as a major player in both the Australian and New Zealand banking landscapes. The New Zealand business remains a vital earnings driver, especially as stable economic conditions, resilient mortgage demand, and prudent provisioning support growth.

Extension of the share buyback program supports confidence and shareholder returns. In late May 2025, ANZ extended its existing share buyback program through to 2026, signaling robust capital health and a focus on delivering value to its shareholders. This initiative underscores management’s commitment to capital discipline and offers potential upside for investors by enhancing earnings per share through a reduced share count. The strategy is particularly relevant for New Zealand investors, reflecting prudent stewardship and stable distribution prospects from one of the country's primary institutional lenders.

Technical indicators highlight a broadly positive momentum for ANZ shares, with multiple buy signals. Technical analysis as of May 30, 2025, points to a favorable outlook: the MACD delivers a buy signal (0.21), and all key short-to-mid-term moving averages (20, 50, and 100 days) align positively above the current price, while the 14-day RSI stands at a neutral 53.97. A global consensus of 14 bullish indicators versus just 3 bearish and 5 neutral reflect a solid technical foundation, supporting medium-term optimism. These signals are particularly relevant against the backdrop of a resilient Australasian market, in which ANZ operates two leading licensed banking subsidiaries in New Zealand.

Strategic focus on digital banking and integration of Suncorp Bank strengthens ANZ’s competitive position. ANZ continues to advance its digital banking capabilities and recently completed the high-profile Suncorp Bank acquisition—a move that substantially consolidates its position across the Australian and New Zealand retail and commercial banking sectors. For New Zealand, the bank’s technological innovation not only improves operational efficiency but also directly benefits local customers through enhanced digital platforms and service integration. The successful integration of Suncorp and a focus on digital transformation are considered future growth catalysts, reinforcing the bank’s strategic relevance in both markets.

Dividend yield remains highly attractive, providing strong income appeal for New Zealand investors. ANZ’s current annualized dividend yield stands at 7.43%, supported by a stable quarterly dividend of AUD 0.25 per share. The bank’s strong capital position and healthy payout ratios enhance the appeal for New Zealand-based income-focused investors, especially given the persistence of elevated interest rates and the favorable regulatory environment for cross-border investment and dividend flow between Australia and New Zealand. This consistency reinforces the stock’s role as a core income holding within local portfolios.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.