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Australia's Commonwealth Bank first-half profit up 1.7 pct

Reuters

Feb 6 () - Australia's biggest bank, Commonwealth Bank of Australia, on Wednesday said its first-half unaudited cash profit rose 1.7 percent helped by a growth in home loans and retail banking services.

Cash earnings from continuing operations rose to A$4.68 billion ($3.38 billion) for the six months ended Dec. 31, compared with A$4.60 billion a year ago, and lower than an A$4.75 billion estimate by six analysts polled by .

CBA declared an interim dividend of A$2 per share, the same as last year.


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Reuters

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