News: CBA CBA Declares Final Dividend Of 98 Cents Per Share

Aug 12 (Reuters) - Commonwealth Bank of Australia (CBA) :

• FINAL DIVIDEND OF 98 CENTS PER SHARE
• FY PROFIT AFTER TAX ATTRIBUTABLE $9,634 MILLION, UP 12%
• FY CASH NPAT FROM CONTINUING OPERATIONS $7,296 MILLION
• FY NET INTEREST INCOME $18,610 MILLION VERSUS $18,224 MILLION
• AT FY-END, CET1 RATIO 11.6%
• FY NIM 2.07%, DOWN 2 BPTS ON FY19
• FY LOAN IMPAIRMENT EXPENSE $2,518 MILLION, UP $1,317 MILLION ON FY19
• REMAIN POSITIVE ABOUT AUSTRALIA’S LONG-TERM PROSPECTS
• DESPITE CHALLENGING ENVIRONMENT, OPERATIONAL PERFORMANCE IN BUSINESS REMAINS STRONG
• "WE ANTICIPATE THAT LOWER CREDIT GROWTH AND LOW INTEREST RATES WILL CONTINUE TO PUT PRESSURE ON OUR REVENUE"
• FY TROUBLESOME AND IMPAIRED ASSETS INCREASED TO $8,710M

Source: https://bit.ly/3kIcICj

(([email protected];))