Australia & New Zealand Banking Group Ltd. (ANZ), the worst performer among Australia’s four largest banking stocks this year, posted the smallest half-yearly profit increase in 2 ½ years as lending profitability slipped.
Net income in the six months to March 31 gained 3 percent to A$2.66 billion ($2.91 billion) from the previous six months, the Melbourne-based bank said today, as provisions for bad debt dropped. Profit missed the A$2.77 billion median estimate of six analysts surveyed by Bloomberg News.
Regards,
Don
More on this topic
(What's this?)
Does Twelve-Year-Old Canadian Victoria Grant Understand More About the Most Important Truth in Li...
(the Underground Investor, 5/16/12)
Mobile Wallet Technology Will Make You Rich
(Money Morning, 5/10/12)
Australia’s Housing Bubble Now Popping?
(Value Investing, 2/13/12)
Australia & New Zealand Banking Group Joins in the Banking Job Elimination Party , BoFa trillion ...
(Green World Investor, 1/13/12)

![[del.icio.us]](http://pennystockdd.com/wp-content/plugins/bookmarkify/delicious.png)
![[Digg]](http://pennystockdd.com/wp-content/plugins/bookmarkify/digg.png)
![[Faves]](http://pennystockdd.com/wp-content/plugins/bookmarkify/faves.png)
![[LinkedIn]](http://pennystockdd.com/wp-content/plugins/bookmarkify/linkedin.png)
![[Reddit]](http://pennystockdd.com/wp-content/plugins/bookmarkify/reddit.png)
![[StumbleUpon]](http://pennystockdd.com/wp-content/plugins/bookmarkify/stumbleupon.png)
![[Technorati]](http://pennystockdd.com/wp-content/plugins/bookmarkify/technorati.png)




