CBA posts steady quarterly profit and bolsters provisions amid uncertainty

The latest update is out from Commonwealth Bank of Australia ( (AU:CBA) ).

Commonwealth Bank of Australia reported unaudited cash net profit after tax of about A$2.7 billion for the March 2026 quarter, broadly stable versus the first half average and up on the prior year, as lending and deposit growth offset the impact of fewer days and competitive pressure on margins. Operating performance improved, supported by disciplined volume growth in home and business lending, higher household and business transaction accounts and stable underlying net interest margin.

The bank maintained a strong balance sheet with a 79% customer deposit funding ratio, robust liquidity and a CET1 ratio of 11.6%, comfortably above regulatory minimums despite paying A$3.9 billion in dividends. It increased loan impairment provisions in response to heightened geopolitical and macroeconomic risks, while continuing to invest in cloud, software and AI capabilities, signalling a cautious but confident stance as households and businesses face cost-of-living and global uncertainty pressures.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$140.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia is the country’s largest retail and commercial bank, providing home and business lending, deposit products, transaction accounts and related financial services. It focuses on Australian households and businesses, with a strong deposit funding base and a leading presence across consumer and business banking markets.

Average Trading Volume: 2,085,951

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$294.1B

For detailed information about CBA stock, go to TipRanks’ Stock Analysis page.