Australia’s largest bank’s full-year results have surpassed expectations, but there is still a warning about a huge drop-off.
Australia’s biggest bank says loan applications have dived by 15 per cent since May, as its CEO talks of tough times for Australians and the economy. Revelations of CommBank’s lending slowdown come ...
SYDNEY--Commonwealth Bank of Australia raised its dividend by more than expected as the lending giant lifted annual profit 7.1% on strong lending and deposit volumes. Commonwealth Bank, which has a ...
SYDNEY (Reuters) -Commonwealth Bank of Australia, the country's largest lender, believes demand for home loans is too high and is helping to push property prices up, Chief Executive Matt Comyn said on ...
Commonwealth Bank of Australia’s profit edged higher in the third quarter amid growth in the firm’s business lending. Unaudited statutory cash profit came in at about A$2.6 billion ($1.7 billion) in ...
We maintain our AUD 90 fair value estimate for wide-moat-rated Commonwealth Bank following a solid trading update. While highlighting lower net interest margins, or NIMs, as an earnings drag, the bank ...
Commonwealth Bank's first-half fiscal 2025 profit of AUD 5.1 billion increased by 2% on last year, and 7% on second half fiscal 2024. The result driven by loan growth, an improvement in net interest ...