May 9 (Reuters) - Commonwealth Bank of Australia (CBA) on Tuesday reported an 8.3% rise in third-quarter cash earnings, helped by higher volume growth in business and home lending portfolios.
The country's biggest lender said cash net profit after tax was about A$2.60 billion ($1.76 billion) for the three months ending March 31, marginally beating the consensus estimate of A$2.58 billion by Visible Alpha, according to Citi.
The company reported A$2.40 billion in cash net profit after tax a year earlier.
($1 = 1.4743 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))
News: CBA Commonwealth Bank of Australia third-quarter profit rises 8%
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Last
$170.57 |
Change
0.270(0.16%) |
Mkt cap ! $284.8B | |||
| Open | High | Low | Value | Volume |
| $170.30 | $171.76 | $169.63 | $56.77M | 332.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 58 | $170.51 |
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| Price($) | Vol. | No. |
|---|---|---|
| $170.56 | 173 | 7 |
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| CBA (ASX) Chart |