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.
News: CBA Commonwealth Bank of Australia posts record half-year profit
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$174.90 |
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Mkt cap ! $292.6B | |||
| Open | High | Low | Value | Volume |
| $172.50 | $174.90 | $171.60 | $213.9M | 1.229M |
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| CBA (ASX) Chart |