Connect with us

National

CBA profit falls, confident of economic recovery – Sydney Morning Herald

The Commonwealth Bank has delivered half-year profits of $3.9 billion, a 10.8 per cent fall on a year earlier while shareholders will receive an interim dividend…

Published

on

Analysts had expected a dividend of about $1.45 a share, and earnings of about $3.9 billion from continuing operations, according to consensus estimates cited by Goldman Sachs.
Mr Comyn said despite this positive outlook, there were still health and economic risks that could slow down the recovery, and it continued to monitor its loan portfolio for signs of stress, and to support customers.
We will also continue to work with government, regulators and our industry peers to support initiatives that…

Click here to view the original article.