Feb 10 (Reuters) - Commonwealth Bank of Australia (CBA) posted a 10.8% drop in first-half cash profit on Wednesday, hit by record low interest rates and higher credit losses due to the COVID-19 pandemic.
Cash net profit after tax for Australia's biggest bank came in at A$3.89 billion ($3.01 billion) for the six months to Dec. 31, down from A$4.36 billion a year earlier. It beat an average estimate of A$3.76 billion by six analysts polled by Reuters.
CBA declared an interim dividend of A$1.50 per share, up from the A$0.98 final dividend announced in August, although lower than last year's payout of A$2.00 per share.
($1 = 1.2927 Australian dollars)
Feb 10 (Reuters) - Commonwealth Bank of Australia (CBA) posted...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$169.83 |
Change
0.750(0.44%) |
Mkt cap ! $284.2B | |||
| Open | High | Low | Value | Volume |
| $170.24 | $171.49 | $169.28 | $192.1M | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $169.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $169.83 | 198 | 2 |
View Market Depth
| Last trade - 16.12pm 27/08/2025 (20 minute delay) ? |
| CBA (ASX) Chart |