Original article by Michael Bennet
The Australian – Page: 15 : 9-Jan-17

Morgan Stanley estimates that the ANZ Bank achieved a total shareholder return of 15.7 per cent in calendar 2016, ahead of National Australia Bank with 12.9 per cent. Westpac and the Commonwealth Bank boasted total shareholder returns of 3.2 per cent and 1.9 per cent respectively. The Commonwealth Bank was the top performer over a three-year period, with a TSR of 24.6 per cent. Meanwhile, Macquarie Group forecasts that National Australia Bank will perform best in 2017, with a TSR of 12.8 per cent.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, MORGAN STANLEY AUSTRALIA LIMITED, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, BANK OF QUEENSLAND LIMITED – ASX BOQ, STANDARD AND POOR’S ASX 200 ACCUMULATION INDEX, REGAL FUNDS MANAGEMENT PTY LTD, BANK FOR INTERNATIONAL SETTLEMENTS. BASEL COMMITTEE ON BANKING SUPERVISION, MACQUARIE GROUP LIMITED – ASX MQG, MORNINGSTAR PTY LTD, CLSA AUSTRALIA PTY LTD, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, CREDIT SUISSE (AUSTRALIA) LIMITED