Feb 11 (Reuters) - ‌Commonwealth ​Bank of ‌Australia reported a ​6% rise in ‍its first-half cash ​earnings ​on ⁠Wednesday, propped up by robust growth in lending and deposit ‌volumes.
Commonwealth Bank says its profits for the first half of the financial year rose by 5 per cent compared to the same time last ...
Australia’s biggest bank has reported a whopping $5.4bn profit in its half-year results, crediting growth in two key areas.
Commonwealth Bank's loan impairment expense was broadly flat on a year earlier at A$319 million, which it said reflected improved credit quality. Home loan arrears fell by seven basis points over the ...
SYDNEY--Shares in Commonwealth Bank of Australia are on course for their biggest one-day gain since 2020, after the country's largest lender beat analysts' first-half profit forecasts.
Commonwealth Bank’s profit has been enriched by a record $120bn in lazy deposits that pay no interest to customers, but ...
Australia's largest bank has surpassed expectations by growing its profit by 5 per cent, sending its shares soaring.
The bank has demonstrated strong growth in its lending activities, with home lending volumes increasing by 3.7% over the six-month period. This growth outpaces the broader banking system's increase of ...
CBA's revenue for the half-year rose to $15 billion, surpassing market expectations of $14.81 billion. This growth is indicative of the bank's solid performance across various sectors. Chief Executive ...
Shares are down from June 2025 highs, but remain materially overvalued, on a forward P/E of about 25, dividend yield of 3.1%, and price/book of almost 4 times. In our opinion, shares are detached from ...
Federal Reserve Bank of Cleveland President Beth Hammack said interest rates could be on an extended hold while officials evaluate incoming economic data. Hammack has repeatedly urged her peers on the ...
It has been the standout performer of Australia’s Big Four banks in the past year Read more at The Business Times.