Purpose To assess retinal vascular calibre changes in eyes with neovascular age-related macular degeneration (AMD), treated with intravitreal anti-vascular endothelial growth factor agents, over a 1-year period and compare any such changes to untreated fellow eyes. Methods Treatment naïve patients with neovascular AMD received three consecutive intravitreal injections of ranibizumab, followed by a pro re nata dosing regimen up to 1 year, with the aim of maintaining a 'fluid-free' macula. Retinal arteriolar and venular calibre was measured from digital fundus photographs at baseline and at three monthly intervals to 1 year, and summarised as central retinal artery equivalent (CRAE) and central retinal venular equivalent (CRVE), respectively. Results A total of 53 injected eyes and 41 fellow, non-injected eyes were analysed. At baseline, there were no differences in retinal vascular calibre between injected and non-injected eyes (mean CRAE (SD) 144.93 (14.07) vs 145.74 (13.10) lm, P ¼ 0.80 and mean CRVE (SD) 216.23 (25.93) vs 219.91 (22.82) lm, P ¼ 0.53). Over a 12-month period, retinal venular calibre dilatation occurred in injected eyes (mean CRVE change þ 5.71 (14.71) lm, P ¼ 0.007), with no change in retinal arterioles, þ 0.69 (14.71) lm, P ¼ 0.68. In noninjected eyes, arteriolar narrowing occurred as a whole, mean CRAE change À 4.20 (7.00) lm, P ¼ 0.001, over 12 months, with a trend for narrowing in venules, À 2.16 (11.56) lm, P ¼ 0.28. In injected eyes, after controlling for covariates, the changes in CRVE over 12 months mirrored improvements in macular thickness, À 0.06 ( À 0.005, À 0.11) lm, P ¼ 0.04, and visual acuity, þ 9.66 ( À 0.30, þ 19.32) lm, P ¼ 0.06. Conclusion Intravitreal ranibizumab significantly dilated retinal venules after a 1-year period.