Sydney, February 8, 2026, 17:27 AEDT — The market has closed.
- ANZ shares finished Friday at A$37.01, slipping 1.5% by the close.
- ANZ announced Sunday that director Graham Hodges will leave the board.
- Australia’s biggest banks are set to deliver a flurry of updates, drawing investors’ attention this week.
ANZ Group Holdings (ANZ.AX) slipped 1.5% on Friday to close at A$37.01. Still, the stock is sitting nearly 19.6% higher for the year as investors prepare for the week ahead. 1
The weekend pause lands right as Australian bank stocks head into a news-heavy stretch—plus, that Friday risk-off mood is still lingering. So, come Monday, it’s anyone’s guess: do investors stay cautious and trim positions, or jump at the chance to buy the pullback?
ANZ’s immediate spotlight is fixed on its upcoming trading update, with investors watching for any tweaks to margin, bad debt, or capital forecasts. The trading update isn’t as detailed as a full earnings release, but it’s enough to shake up expectations in a hurry.
ANZ announced Friday that Graham Hodges, a non-executive director, is stepping down from its boards on Feb. 8 as his three-year term wraps up. Chairman Paul O’Sullivan offered thanks, saying, “We thank Graham for his enormous contribution to ANZ.” 2
Uncertainty looms over the market. Australia’s ASX 200 dropped roughly 2% on Friday, landing near 8,709 points. “Panic is spreading,” MooMoo Australia’s Michael McCarthy told ABC News. 3
Shares of ANZ bounced from A$36.75 up to A$37.41 during the last session, holding within its 52-week span of A$26.22 to A$38.93, according to exchange data. 4
First up, Commonwealth Bank’s half-year numbers drop Feb. 11. Then, Westpac follows with its Q1 on Feb. 13. 5
ANZ’s net interest margin is set to draw attention, as investors look for any fresh squeeze from intensifying mortgage competition and shifting deposit rates. Eyes are also on loan growth, arrears and credit charges; those metrics land after a week that saw risk assets swing sharply.
Still, whatever comes next for the stock could hinge more on the broader market than anything about the bank itself. Should equities keep sliding, ANZ is likely to slip alongside the sector—even if its own update doesn’t wobble.
ANZ is set to release its first-quarter trading update this Thursday, Feb. 12. 6
