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)
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