With banks it usually means that they make huge provisions now against a real or perceived threat.... only to "write them back" in future years and come out with higher paper profits. Bit like taking out insurance but in this case you do get the premium back down the track.
They have been doing it for years.
With banks it usually means that they make huge provisions now...
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Last
$127.38 |
Change
1.180(0.94%) |
Mkt cap ! $213.1B | |||
| Open | High | Low | Value | Volume |
| $127.00 | $127.61 | $126.27 | $277.5M | 2.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1360 | $127.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.38 | 37154 | 9 |
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| CBA (ASX) Chart |