CBA commonwealth bank of australia.

News: CBA Commonwealth Bank of Australia posts record half-year profit

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    Feb 15 (Reuters) - Commonwealth Bank of Australia (CBA) posted a record half-year cash profit on Wednesday, reaping the benefits from a sharp margin expansion courtesy of aggressive interest rate hikes.

    The country's biggest lender said cash profit from continuing operations climbed to A$5.15 billion over the six months ended Dec. 31, from A$4.75 billion a year ago.

    It almost in-line with a Visible Alpha consensus estimate of A$5.17 billion, according to Citi Research.

 
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$169.57
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