ANZ stock gets a sell rating as housing risks pressure lending

Published on 10/12/2026 at 10:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Home loan applications fell 12.00 percent, raising housing risk. ANZ stock costs EUR 23.58 on October 12, 2026, 6.22 percent above EUR 22.20.

Key points in brief

ANZ stock received a sell rating tied to housing and lending risks on October 12, 2026.
Home loan application values had fallen 12.00 percent since the May budget and through the end of July.
Third-quarter operating income was AUD 5.61 billion, down 1.00 percent year over year, while deposits rose 1.00 percent to AUD 786.00 billion.
ANZ stock was trading at EUR 23.58 at Lang & Schwarz, 6.22 percent above the Xetra close of EUR 22.20 on October 9, 2026.

ANZ, AU000000ANZ3, Illustration mit AI erstellt.

ANZ stock received a sell rating on October 12, 2026, as Lazarus Capital Partners analyst Tom Fairchild cited housing risks and a 12.00 percent fall in home loan application values. At Lang & Schwarz, the stock was trading at EUR 23.58 at 10:10 a.m. CEST, 6.22 percent above the Xetra close of EUR 22.20 on October 9, 2026.

Three events shape the stock

On September 28, 2026, Bondsupermart reported that third-quarter operating income fell 1.00 percent year over year to AUD 5.61 billion. Net loans remained AUD 846.00 billion, while customer deposits rose 1.00 percent to AUD 786.00 billion.

On October 2, 2026, ANZ announced a competitive tender for its external audit provider after KPMG's 57-year tenure. The tender is due to conclude by April 2027, with the new service expected to begin in fiscal year 2029.

On October 12, 2026, Motley Fool Australia reported Fairchild's sell rating. The analyst linked the view to falling Australian house prices and said capital city prices could fall more than 10.00 percent from their peak, increasing risks for lending growth and credit quality.

What does the housing risk mean?

The immediate issue is loan demand rather than balance-sheet contraction. The 12.00 percent decline in application values contrasts with third-quarter net loans of AUD 846.00 billion, which remained stable in the period ended June 2026.

Credit metrics provide a counterweight to the housing concern. Bondsupermart said the non-performing loan ratio improved to 0.55 percent from 0.77 percent in the third quarter of 2026, while the common equity tier 1 ratio reached 12.51 percent as of June 2026. The figures suggest that the market debate centers on future growth and margins, not an immediate deterioration in asset quality.

Upcoming company dates

ANZ's external audit tender is due to conclude by April 2027, and the new audit service is expected to commence in fiscal year 2029, according to ANZ.

ANZ stock stays above the Xetra base

ANZ stock was trading at EUR 23.58 at Lang & Schwarz on October 12, 2026 at 10:10 a.m. CEST, up 6.22 percent versus the Xetra close of EUR 22.20 on October 9, 2026. The primary listing is on the ASX in AUD, while the German quote gives local investors the reference price used here. The further course of trading is shown by the continuously updated real-time quote of ANZ stock.