Business

CBA announces record profit

THE Commonwealth Bank has recorded a record $7.09 billion profit for the past financial year, a jump of 11%.

Shareholders will receive a franked final dividend of $1.97 per share, up 5% from the previous year.

The bank's CEO Ian Narev said it was a good result given the "uncertain" economic environment.

Shares in the banking giant were up marginally at the close of trade on Wednesday.

Topics:  commonwealth bank, profits


Local Real Estate

finda logo
Featured Real Estate
Immaculately presented... $549000
House 4 2 2
RENOVATED 2 STOREY HOME... Interest above...
House 3 2 3
Owners Want This Sold... $1,095,000
Apartment 3 2 2
High on the Hill with... $469,000
House 4 3 2

Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.


Marketplace

Special Offers & Promotions

Compare & Save