CBA boss tips interest rate cut next week; bank reports $2.6b profit

CBA boss tips interest rate cut next week; bank reports $2.6b profit

As a key Reserve Bank board meeting looms, chief executive Matt Comyn says Australia is in a good position to handle uncertainty in the world economy.

‘Heightened risk’: CBA reports flat Q3 profit

Commonwealth Bank has reported a flat quarterly profit of $2.6 billion, while warning that uncertainty continues to dog the economy.

Major bank announces eye-watering profits

Australia’s biggest bank has posted a whopping three-month profit, but it comes with a warning as the threat of global tariff chaos looms large.

CBA share price edges higher on $2.6b quarterly profit

The Commonwealth Bank of Australia (ASX: CBA) share price is edging higher on Wednesday morning. At the time of writing, the banking giant's shares are up almost 1% to $167.42. This follows the release of the bank's third quarter update this morning. CBA share price higher on results day For the three months ended 31 March, CBA's operating income was up 1% for the quarter driven by lending volume growth and higher trading income, largely offset …

CBA points to 6% profit rise as evidence it is navigating economic headwinds

Commonwealth Bank (ASX:CBA) said its cash profit (NPAT: net profit after tax) for the third quarter of 2025 had been 6% higher than the same time last year, at $2.6 billion, with this figure being slightly above market expectations. Also higher were operating income – up 1%, and underpinned by growth in lending volume and higher trading income – and operating performance, which was 1% higher than the first half quarterly average, and 6% higher t…