May 12 (Reuters) - Commonwealth Bank of Australia (CBA) :
- MARCH QUARTER 2021 TRADING UPDATE
- QTRLY UNAUDITED STATUTORY NPAT $2.4 BILLION VERSUS $1.3 BILLION REPORTED LAST YEAR
- AS AT MARCH-END, CET1 RATIO 12.7%
- QTRLY UNAUDITED CASH NPAT FROM CONTINUING OPERATIONS OF ABOUT $2.4 BILLION
- AS AT MARCH END, TROUBLESOME AND IMPAIRED ASSETS WERE LOWER AT $7.8 BILLION
- QTRLY LOAN IMPAIRMENT BENEFIT OF $136 MILLION
- MODERATE REDUCTION IN TOTAL CREDIT PROVISIONS TO $6.5 BILLION
- NOW EXPECTS DIVESTMENT OF COLONIAL FIRST STATE TO COMPLETE IN H2 OF CALENDAR 2021
- FURTHER MODEST INCREASES IN HOME LOAN PORTFOLIO ARREARS EXPECTED IN COMING MONTHS
Source ( https://bit.ly/2SHXjZ4)
(([email protected];))
News: CBA CBA Posts QTRLY Unaudited Statutory NPAT Of About $2.4 BLN
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