<\/p>\n
The Commonwealth Bank of Australia (CBA) earned a statutory net profit after tax of A$5.14b (approximately US$3.24b) for the six-month period that ended on 31 December 2024, a 6% year-on-year (YoY) rise compared to H1 2024, its latest financial results showed.<\/p>\n
Profits were supported by volume growth in core businesses and a lower loan impairment expense, CBA said.<\/p>\n
It was partly offset by higher operating expenses due to inflationary pressures, and a discretionary increase in franchise investment spend.<\/p>\n
Net interest margin is 2.08% in H1 2024 that ended on 31 December 2024.<\/p>\n
Operation expenses rose 6% YoY to A$6.37b during the same period.<\/p>\n
Loan impairment expense declined 23% YoY to A$320m, which CBA attributed to its credit origination and underwriting practices, rising house prices, and lower expected losses within consumer finance.<\/p>\n
Deposit funding is reportedly stable at 77% of total funding.<\/p>\n
Common Equity Tier 1 (CET1) capital ratio is 12.2% as of end-December 2024. This is well-above the 10.25% minimum regulatory requirement.<\/p>\n
CBA\u2019s return on equity (ROE) is 13.7% due to higher profit.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
The Commonwealth Bank of Australia (CBA) earned a statutory net profit after tax of A$5.14b (approximately US$3.24b) for the six-month period that ended on 31 December 2024, a 6% year-on-year (YoY) rise compared to H1 2024, its latest financial results showed. Profits were supported by volume growth in core businesses and a lower loan impairment […]<\/p>\n","protected":false},"author":1,"featured_media":3415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/CommonwealthBank-6-1140x445.jpg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/CommonwealthBank-6-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/CommonwealthBank-6-300x200.jpg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/02\/CommonwealthBank-6.jpg",1280,853,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=3414"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3414\/revisions"}],"predecessor-version":[{"id":3416,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/3414\/revisions\/3416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/3415"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=3414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=3414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=3414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}