Australia and New Zealand Banking Group (ANZ) has warned that its H2 2025 statutory and cash profit will be affected by a series of significant items, resulting in a net after-tax charge of A$1.11 billion (approximately $727.19 million).

The Common Equity Tier 1 (CET1) capital impact of these items is estimated at a 19-basis point reduction.

Key items include:

A pre-tax charge of A$285 million related to an impairment at PT Bank Pan Indonesia (PT Panin).
A final pre-tax charge of A$585 million linked to staff redundancies announced in September 2025.
A$240 million in penalties from a settlement with the Australian Securities and Investment Commission (ASIC), with an after-tax charge of A$264 million, including A$31 million in associated costs.

Additional charges include A$97 million pre-tax related to the Suncorp Bank migration, reflecting costs from existing contracts extending beyond the revised migration date, and A$78 million pre-tax connected to the winding down of Cashrewards.

ANZ has also finalised the acquisition accounting adjustments for its Suncorp Bank purchase, increasing goodwill by A$141 million compared with figures disclosed in March 2025.

The bank is set to release its H2 2025 results on 10 November 2025.

(US$1 = A$1.53 as of 3 November 2025, Morningstar via Google)

ANZ’s announcement underscores the financial impact of strategic and operational adjustments, including staffing changes, regulatory settlements, and acquisitions. The largest individual charge is related to staff redundancies, reflecting ongoing cost management initiatives, while the ASIC settlement adds a notable regulatory dimension to the earnings impact.

The goodwill adjustment of A$141 million following the Suncorp Bank acquisition highlights the evolving valuation of strategic assets and accounting finalisations.

Despite these one-off charges, ANZ continues to emphasise its long-term focus on operational efficiency, capital strength, and strategic growth in both domestic and regional markets.