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CBA expected to post $2.5b profit

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  • CBA expected to post $2.5b profit

    COMMONWEALTH Bank of Australia (CBA) is expected to register the impact of the global credit squeeze through slower profit growth and declining margins when it reports its interim results tomorrow.

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  • #2
    Rates battlers give CBA $2.37bn profit

    COMMONWEALTH Bank of Australia (CBA) has announced a $2.731 billion first half profit, just a week after raising its variable home loan rates by 30 basis points.

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    • #3
      Finance pessimists outnumber optimists

      CONSUMER sentiment has fallen after the Reserve Bank of Australia raised interest rates this month.

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      • #4
        Investors dump CBA shares

        INVESTORS have dumped Commonwealth Bank shares, which hit a year low today after the company's record half-year profit disappointed analysts, with shares in other big banks also falling to year lows.

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        • #5
          Stocks close lower after CBA result

          THE Australian sharemarket closed lower today, pulled back by a weaker banking sector that was affected by a disappointing half year profit from the Commonwealth Bank of Australia (CBA).

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