Nov 15 (Reuters) - Commonwealth Bank of Australia (CBA) , the country's largest bank, on Tuesday posted a 13.6% rise in its first-quarter cash earnings, helped by lending volume growth and a rising interest rate environment.
Cash profit, which excludes one-offs and non-cash accounting items, rose to A$2.50 billion ($1.68 billion) in the three months ended Sept. 30, compared with A$2.20 billion a year ago and a Visible Alpha consensus of A$2.33 billion. ($1 = 1.4901 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))
News: NAB Commonwealth Bank of Australia first-quarter cash profit rises 13%
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