Feb 17 (Reuters) - Australia and New Zealand Banking Group Ltd (ANZ) :
- Anz - first quarter 2016 trading update (ANZ)
- Anz today announced an unaudited cash profit of $1.85 billion for the three months to 31 December 2015
- Says total provision charge for the first quarter 2016 was $362 million
- Quarter statutory net profit was $1.6 billion
- Gross impaired assets for the half will be broadly similar to the second half of 2015"
- Anticipate total group credit charge will be little above $800 million this half compared to current market consensus of $735 million"
- Apra common equity tier 1 (cet1) ratio was 9.4% at 31 December 2015
- Quarter markets income increased 6% to $553 million
- Gross impaired assets $2.7 billion as at 30 September 2015"
- Qtrly cash profit up 5% compared to average of third and fourth quarters of the 2015 financial year
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