News

Commonwealth Bank boss pours cold water on supersized $181 RBA interest rate cut
The boss of Australia’s biggest bank has poured cold water on expectations for the Reserve Bank of Australia (RBA) to gift mortgage holders with a supersized cut next week. The central bank will ...
Commonwealth Bank continues to grow faster than its competition
The Commonwealth Bank is still growing faster than its rivals. Third quarter cash profit is up 6 per cent to around $2.6 ...
Commonwealth Bank Well-Placed to Navigate Higher Credit Stress and Competitive Pricing
The risks are highlighted by Commonwealth Bank having spent and provisioned a collective AUD 4.1 billion on customer remediation between fiscal 2014 and 2023 and paying a civil penalty of AUD 700 ...
Australia's CBA reports higher cash profit, stable margin in third quarter
Commonwealth Bank of Australia (CBA) reported a 6% rise in third-quarter cash earnings on Wednesday, helped by growth in ...
Commonwealth Bank Lifts 3Q Profit as CEO Warns of Potential Headwinds — Update
SYDNEY--Commonwealth Bank of Australia lifted its March-quarter profit, but the CEO of Australia's largest lender warned of potential headwinds from global uncertainty. CBA on Wednesday reported an ...