Lates News

Commonwealth Bank of Australia: Net profit for the first half of the year was 5.37 billion Australian dollars, with cash profit of 5.45 billion Australian dollars. The Australian Prudential Regulation Authority's Tier 1 capital adequacy ratio is 12.3%. The interim dividend per share is 2.35 Australian dollars, estimated at 2.30 Australian dollars. Cash profit from ongoing operations for the first half of the year was 5.45 billion Australian dollars, with a net interest margin of 2.04% for ongoing operations, in line with the estimate of 2.04%. The return on equity for ongoing operations in the first half of the year was 13.8%, exceeding the estimated 13%.