ANZ has beaten earnings expectations across the board, but the results don't appear to have been strong enough to impress the market.
The bank on Thursday announced its cash profit for the 12 months to September 30 had increased five per cent to $6.5 billion, beating consensus expectations by 6.4 per cent.
ANZ chief executive Shayne Elliott said it was an outstanding financial result with contributions from all four divisions of the company: retail, commercial, institutional and New Zealand.
