Australia and New Zealand Banking Group (ASX:ANZPA.PFD) Efficiency Overhead Ratio % : 0.00% (As of . 20)

View and export this data going back to 2009. Start your Free Trial

What is Australia and New Zealand Banking Group Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

The historical rank and industry rank for Australia and New Zealand Banking Group's Efficiency Overhead Ratio % or its related term are showing as below:

ASX:ANZPA.PFD's Efficiency Overhead Ratio % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Australia and New Zealand Banking Group Efficiency Overhead Ratio % Historical Data

The historical data trend for Australia and New Zealand Banking Group's Efficiency Overhead Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Australia and New Zealand Banking Group Efficiency Overhead Ratio % Chart

Australia and New Zealand Banking Group (ASX:ANZPA.PFD) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %

Non-interest Expenses

Revenue

Australia and New Zealand Banking Group (ASX:ANZPA.PFD) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.

Australia and New Zealand Banking Group Efficiency Overhead Ratio % Related Terms

Thank you for viewing the detailed overview of Australia and New Zealand Banking Group's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Australia and New Zealand Banking Group (ASX:ANZPA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Australia and New Zealand Banking Group Ltd (ASX:ANZPA.PFD) » Definitions » Efficiency Overhead Ratio %

Comparable Companies

Traded in Other Exchanges

ANZGY:USA ANZGF:USA ANZ:New Zealand X5Z1:Germany AN3PH.PFD:Australia AN3PG.PFD:Australia ANZPF.PFD:Australia ANZPE.PFD:Australia ANZ:Australia

Address

833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.anz.com.au

ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.

Australia and New Zealand Banking Group (ASX:ANZPA.PFD) Headlines

No Headlines