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Investment
2 mins to read

Bank shares too expensive, say analysts, but ANZ offers value

There was little to justify the valuation of CBA shares, which have hit several record highs in recent months.

ANZ chief executive Nuno Matos. His arrival has the analysts interested.

Lachlan Colquhoun Wed, 16 Jul 2025

Shares in the major banks have “run ahead of the fundamentals” but under the new management of chief executive Nuno Matos shares in ANZ presented the best value in the sector, according to analysis from Morningstar.

Nathan Zaia, senior equity analyst at Morningstar, published a research note

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Lachlan Colquhoun Wed, 16 Jul 2025
Contact the Writer: lachlan@nbr.co.nz
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Tags
bank shares Nuno Matos ANZ Group Jarden Morningstar Research

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Company profile
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Change:
Price
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Movement
Volume
Avg Daily Volume
Daily High
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52 Week High
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Related News
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Bank shares too expensive, say analysts, but ANZ offers value
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