ANZ's Suncorp Integration Coming Into Focus -- Market Talk

Dow Jones

Apr 30, 2025

0433 GMT - ANZ's integration of its Suncorp Bank acquisition and its progress toward planned targets will be the primary focal points for UBS analysts when the lender announces its first-half result next week. The UBS analysts tell clients in a note that they want information on the timing of the integration, as well as the eventual impact on ANZ's capital. Any detail on returns from better-than-expected cost or revenue synergies would also be useful, they say. Looking forward to the lender's post-announcement CEO change, they say that the incoming Nuno Matos is not well known locally but comes with a strong reputation. UBS has a neutral rating and A$31.00 target price on the stock, which is up 0.3% at A$29.63. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 00:33 ET (04:33 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2531172720"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2531172720\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2531172720?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-30 12:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2531172720","market":"fut","top_or_hot":-1,"title":"ANZ's Suncorp Integration Coming Into Focus -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0433 GMT - ANZ's integration of its Suncorp Bank acquisition and its progress toward planned targets will be the primary focal points for UBS analysts when the lender announces its first-half result next week. The UBS analysts tell clients in a note that they want information on the timing of the integration, as well as the eventual impact on ANZ's capital. Any detail on returns from better-than-expected cost or revenue synergies would also be useful, they say. Looking forward to the lender's post-announcement CEO change, they say that the incoming Nuno Matos is not well known locally but comes with a strong reputation. UBS has a neutral rating and A$31.00 target price on the stock, which is up 0.3% at A$29.63. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 00:33 ET (04:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ANZ's Suncorp Integration Coming Into Focus -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nANZ's Suncorp Integration Coming Into Focus -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-30 12:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0433 GMT - ANZ's integration of its Suncorp Bank acquisition and its progress toward planned targets will be the primary focal points for UBS analysts when the lender announces its first-half result next week. The UBS analysts tell clients in a note that they want information on the timing of the integration, as well as the eventual impact on ANZ's capital. Any detail on returns from better-than-expected cost or revenue synergies would also be useful, they say. Looking forward to the lender's post-announcement CEO change, they say that the incoming Nuno Matos is not well known locally but comes with a strong reputation. UBS has a neutral rating and A$31.00 target price on the stock, which is up 0.3% at A$29.63. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 00:33 ET (04:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7511","symbol_name":"ESG概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531172720","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531172720","pubTimestamp":1745987580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0433 GMT - ANZ's integration of its Suncorp Bank acquisition and its progress toward planned targets will be the primary focal points for UBS analysts when the lender announces its first-half result next week. The UBS analysts tell clients in a note that they want information on the timing of the integration, as well as the eventual impact on ANZ's capital. Any detail on returns from better-than-expected cost or revenue synergies would also be useful, they say. Looking forward to the lender's post-announcement CEO change, they say that the incoming Nuno Matos is not well known locally but comes with a strong reputation. UBS has a neutral rating and A$31.00 target price on the stock, which is up 0.3% at A$29.63. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7511":"ESG概念","ANZ.AU":"ANZ GROUP HOLDINGS LTD","BK7135":"综合性银行","BK8062":"综合性银行","ANZ.NZ":"ANZ Group Holdings Limited Ordinary Shares"},"translate_title":"澳新银行与Suncorp的整合成为焦点——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ANZ.AU":0.9,"ANZ.NZ":0.9},"content_text":"0433 GMT - ANZ's integration of its Suncorp Bank acquisition and its progress toward planned targets will be the primary focal points for UBS analysts when the lender announces its first-half result next week. The UBS analysts tell clients in a note that they want information on the timing of the integration, as well as the eventual impact on ANZ's capital. Any detail on returns from better-than-expected cost or revenue synergies would also be useful, they say. Looking forward to the lender's post-announcement CEO change, they say that the incoming Nuno Matos is not well known locally but comes with a strong reputation. UBS has a neutral rating and A$31.00 target price on the stock, which is up 0.3% at A$29.63. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2025 00:33 ET (04:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}