1H24 Financial Results
Portfolio quality¹
Portfolio quality metrics sound
Exposures by industry¹
Corporate portfolio quality
Investment grade
Group TCE by geography
AAA
A+ BBB+
TCE $bn
to
AA-
to
to
Dec 22
Jun 23
Dec 23
A- BBB- Other Dec 23
Australia
81.9%
82.2%
80.6%
Gov. admin & defence
187.2
18.6
0.6
0.5 206.9
New Zealand
10.0%
9.7%
9.8%
Finance & insurance
53.9
48.6
7.2
3.6 113.3
Americas
3.4%
3.5%
3.4%
Com. property
1.9
10.1
Agriculture & forestry
0.4
23.3 58.8 94.0
4.6 26.3 31.2
71.0%
69.3%
67.7%
Europe
2.6%
2.2%
3.2%
Asia
2.1%
2.4%
3.0%
Transport & storage
0.3
3.3
11.5 11.0 26.1
Manufacturing
0.0
1.7
6.3
12.4
Wholesale trade
0.0
5.1 11.8
Ent. leisure & tourism
0.0
0.0
0.8
20.4
17.0
15.7 16.6
Dec 22
Jun 23
Dec 23
Top 10 commercial exposures
Troublesome & impaired assets
TCE $bn
Retail trade
0.0
0.9
2.9
12.3 16.1
% of TCE
0.46%
0.51%
0.49%
Elect. gas & water
0.4
3.1
9.7
2.8
15.9
AA+
BBB+
Health & community services
0.0
0.7
3.3
11.3 15.4
AA
Business services
0.2
0.4
3.8
11.1 15.4
A-
Construction
0.0
-
0.8
11.7
12.5
A
Mining, oil & gas
0.0
0.7
3.6
2.4
6.8
A
AAA
Media & communications
1.4
1.0
1.8
1.3
5.5
BBB+
All other ex consumer
Total
0.4
1.3
1.6
8.9
12.2
BBB+
246.0 90.7
86.8
201.9 625.4
A-
0
0.5
1
1.5
2
2.5
1. CBA grades in S&P equivalents.
7.1
6.9
6.3
Gross
3.3
3.2
impaired
3.0
Corporate
troublesome
3.3
3.8
3.7
$bn
Dec 22
Jun 23
Dec 23
104View entire presentation