Citi keeps AUD 41.00 target for ANZ stock

Published on 10/13/2026 at 14:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter income fell 1.00 percent to AUD 5.61 billion. ANZ stock costs EUR 23.99 October 13, 2026, up 6.15 percent versus Xetra close October 12, 2026.

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Citi maintained a Buy rating on ANZ Group Holdings and kept its AUD 41.00 price target in a report dated October 11, 2026, according to Markets Insider. Based on the ASX price of AUD 38.39 on October 13, 2026, the target is 6.80 percent above the price. At Lang & Schwarz, ANZ was trading at EUR 23.99 on October 13, 2026 at 2:36 p.m. CEST, up 6.15 percent versus the Xetra close of October 12, 2026 at EUR 22.60.

Operating income falls in the third quarter

Bondsupermart reported on September 28, 2026 that ANZ operating income fell 1.00 percent year over year to AUD 5.61 billion in the third quarter of 2026. Net interest margin reached 1.54 percent, customer deposits increased 1.00 percent year over year to AUD 786.00 billion, and net loans remained at AUD 846.00 billion.

The same third-quarter review recorded a non-performing loan ratio of 0.55 percent, down from 0.77 percent in the third quarter of 2025. ANZ's Common Equity Tier 1 ratio was 12.51 percent as of June 2026, while its liquidity coverage ratio stood at 131.00 percent.

Stock remains below the yearly high

On the ASX, ANZ traded at AUD 38.39 on October 13, 2026. The session range was AUD 37.74 to AUD 38.50, volume was 3.63 million shares against an average of 4.12 million, and the 52-week range was AUD 33.36 to AUD 41.00. The price stood 6.37 percent below the 52-week high.

Valuation and the next reporting date

ANZ's market capitalization was AUD 115.60 billion on October 13, 2026, with a P/E ratio of 19.48 and a dividend yield of 4.46 percent. Investing.com lists November 9, 2026 as the next earnings date.

Comparison with peers

ANZ: plus 6.15 percent, P/E 19.59, market capitalization EUR 70.5 billion
National Australia Bank (ASX, AUD): plus 1.87 percent, P/E 20.44, market capitalization AUD 120.2 billion
Westpac Banking (ASX, AUD): plus 1.53 percent, P/E 17.32, market capitalization AUD 120.1 billion

EUR 23.99 at Lang & Schwarz

ANZ was trading at EUR 23.99 at Lang & Schwarz on October 13, 2026 at 2:36 p.m. CEST, up 6.15 percent versus the Xetra close of October 12, 2026 at EUR 22.60. The bid was EUR 23.82 and the ask was EUR 24.17. The further course of trading is shown by the continuously updated real-time quote of ANZ stock.