Top Australian bank CBA's third-quarter cash profit rises, margin stable

Reuters

Tue, May 13, 2025, 2:48 PM 1 min read

(Reuters) - Commonwealth Bank of Australia reported a emergence successful third-quarter currency net connected Wednesday, helped by maturation successful lending volumes and higher trading income.

The bank's involvement income grew 1% during the period.

CBA said its nett involvement borderline for the 4th was stable, excluding non-recurring earnings. It did not springiness a borderline fig successful the constricted trading update.

Cash nett net aft taxation for the country's biggest lender was astir A$2.6 cardinal ($1.68 billion) during the 3 months ended March 31, compared with A$2.4 cardinal a twelvemonth earlier.

($1 = 1.5458 Australian dollars)

(Reporting by Himanshi Akhand successful Bengaluru; Editing by Shilpi Majumdar)