SYDNEY, June 27, 2026, 04:01 AEST
- ANZ Group Holdings Limited ASX:ANZ ended Friday at A$35.04, up 0.52%. That’s just A$0.01 higher than where it stood on June 19. The S&P/ASX 200 dropped about 0.7% this week.
- Judo Capital Holdings Limited ASX:JDO became a bank trade for SME credit risk again after the lender cut FY26 profit guidance and set cost of risk at A$116 million to A$122 million.
- ANZ shareholders are set to receive an interim dividend of 83 cents a share, 75% franked, on July 1. The bank will also open 27 branches for Saturday trading from June 27.
ANZ Group Holdings Limited ASX:ANZ rose 0.52% to close at A$35.04 on Friday. The weekly move was flat, up only a cent from last Friday, as a midweek selloff battered Australian bank shares.
ASX cash trading was closed at the dateline. The exchange in Sydney operates regular hours from Monday to Friday, but by then the city had already entered Saturday.
S&P/ASX 200 ended up 0.18% Friday at 8,764.20, but the benchmark ended the week down. ANZ outperformed the broader index. That’s notable for investors thinking about a possible small-bank credit shock and what that means for the Big Four.
ANZ ended Friday with 3.65 million shares traded, well under its 5.03 million average. The stock’s market cap hovered around A$105.62 billion. The lighter volume suggests there wasn’t a rush into the bank’s shares.
Judo weighed on the sector after it cut its FY26 profit before tax guidance to A$163 million-A$169 million, from a previous range of A$180 million-A$190 million. The lender also flagged that 90-day-past-due and impaired loans will likely be around 3% of gross loans as of June 30. Chief Executive Chris Bayliss said: “Recent credit outcomes have been driven by a small number of customers.” NST Online
Bigger banks dropped Thursday as ABC said Commonwealth Bank of Australia ASX:CBA lost 1.3% and National Australia Bank Limited ASX:NAB slid 3.4% after Judo’s update raised fresh worry about bad-debt provisions. JPMorgan’s Andrew Triggs said Judo’s capital gives “limited comfort” and its credit quality “likely to weigh significantly on the stock.” ABC News
Judo’s trouble is a test for ANZ. If fallout stays with the SME specialist, ANZ’s capital and dividends may keep seeing support. But if the market starts pricing in higher credit costs for business loans, the trade gets tougher from here.
ANZ’s half-year numbers offered buyers a bit of shelter. The bank booked a cash profit of A$3.78 billion and reported a CET1 ratio of 12.39% as of March 31. “The situation remains dynamic,” Chief Executive Nuno Matos said, adding ANZ is “prepared for a range of outcomes.” ANZ
ANZ’s 83-cent interim dividend lands July 1 for holders on record, with the payout coming to about 2.37% of Friday’s share price before franking and tax. New investors miss out—ex-dividend and record dates were in May.
ANZ will open 27 branches for Saturday trading from June 27. The locations will offer home loan and specialist help, but customers won’t be able to do cash deposits or withdrawals at the counter. “Having a local branch open on a Saturday makes a big difference,” Australia Retail head Pedro Rodeia said. ANZ
ANZ doesn’t have an earnings event on the calendar next week. The bank’s next update is its Q3 trading update and APS 330, both set for Aug. 13.
