Australia's top bank CBA reports rise in third-quarter cash profit

Commonwealth Bank of Australia

12/05/2026 22:35

May 13 (Reuters) - Commonwealth Bank of Australia CBA.AX reported a rise in third-quarter cash earnings on Wednesday, helped by robust growth in lending and deposit volumes.

The country's biggest lender said cash net profit after tax was about A$2.7 billion ($1.95 billion) for the three months ended March 31, compared with about A$2.6 billion a year earlier.

That was 1% below the quarterly average of the first six months.

($1 = 1.3818 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru; Editing by Shinjini Ganguli)

 ((Rajasik.Mukherjee@thomsonreuters.com;))