News: CBA Australia's Commonwealth Bank annual profit falls 11%, cuts dividend, page-24

omg its like a bottle of angostura in here, SO BITTER

Dear CBA thank you for my dividends and and continued profitable operations, it is in you and your management i trust that my invested money is not only safe but preforming well. I look forward to 80+ by then end of the year if not month as the broader market realises that in the wake of the pandemic the big 4 have more to gain than loose.

Banks are insured against defaults on loans, they either have mortgage insurance or collect the assets, and as a result of the tax payer paid work place efficiency and profitability review (royal commission) the banks are running leaner, less risky and more profitable in the services and products they do provided then ever.

They have been regulated to only pay 50% they pay 49.95% and people where expecting more? go figure
best result possible in current economic climate

the more stimulus the government rolls out the more money end up in the banks

THE BANK NEVER LOOSES