1H24 Financial Results
| -
Capital summary
Strong capital position maintained in 1H24
Key capital ratios (%)
Dec 22²
Jun 233
Dec 233
•
CET1 ratio of 12.3%
• 2023 final dividend and 2024 interim dividend - DRP neutralised
•
Commencement of the previously announced $1bn on-market share buy-back
CET1 capital ratio movements 1
CET1 capital ratio
11.4
12.2
12.3
Additional Tier 1 capital
1.9
2.3
2.4
Tier 1 capital ratio
13.3
14.5
14.7
Tier 2 capital
4.5
5.5
5.8
107
11
12.2%
(3)
(11)
12.3%
(86)
Total capital ratio
17.8
20.0
20.5
Risk weighted assets (RWA) ($bn)
504
468
464
Credit Risk6
(15)
IRRBB
16
Market Risk
15
Operational Risk
(5)
5055
Leverage ratio
5.1
5.1
5.0
Level 1 CET1 ratio
11.7
12.5
12.5
International ratios
Leverage ratio
5.7
5.7
5.6
Jun 23
Level 2
Actual
2H23
Dividend
(DRP
neutralised)*
Cash
NPAT5
RWA
On-market
share
buy-back
Other8
Dec 23
Level 2
CET1 capital ratio
18.5
19.1
19.0
1. Due to rounding, numbers presented may not sum precisely to the totals provided. 2. Under APRA's capital framework effective up until 31 December 2022. 3. Under APRA's revised capital framework
effective from 1 January 2023. 4. Includes the on-market purchase of shares in respect of the DRP. 5. Excludes equity accounted profits/losses from investments, which are neutral from a regulatory capital
perspective due to the offsetting increase in capital deductions. 6. Excludes impact of foreign exchange movements on Credit RWA, which is included in 'Other'. 7. $154m of the previously announced $1bn
on-market share buy-back has been completed as at 31 December 2023 (1,517,388 shares acquired at an average price of $101.49). 8. Other includes the impact of intangibles, FX impact on Credit RWA,
equity accounted profits/losses from associates, movements in reserves and other regulatory adjustments.
121View entire presentation