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Banks still look strong

Broker reports editor |  16 May 2014  |  Investing

The bank reporting season has ended with Credit Suisse concluding that ANZ's result was the most impressive. Lending growth is strong and the cost to income ratio trend is positive. For investors there is also a rising dividend payout ratio, whcih makes yields on banks stocks stronger, although potentially more vulnerable if there is a downturn.

Here is CS's summation: