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Commonwealth Bank of Australia ( (AU:CBA) ) has shared an announcement.
The Commonwealth Bank of Australia has announced its financial results for the six months ending December 2024, highlighting its commitment to supporting customers amid cost of living pressures. The bank has introduced tailored payment arrangements and invested over $450 million to combat fraud and scams, collaborating with various stakeholders to reduce losses. It has also lent $21 billion to businesses and supported over 70,000 households in purchasing homes, while also rewarding savers with $11 billion in interest. The bank reported a cash NPAT of $5,132 million and declared a fully franked interim dividend of $2.25 per share, reflecting its strategy’s consistent execution and strong customer focus.
More about Commonwealth Bank of Australia
The Commonwealth Bank of Australia is a major financial institution providing a range of banking services including retail, business, and institutional banking. It focuses on supporting the Australian economy and community through financial services, investments, and lending.
YTD Price Performance: 6.25%
Average Trading Volume: 1,806,297
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$272B
For a thorough assessment of CBA stock, go to TipRanks’ Stock Analysis page.
