Financial results HY23

Profit announcement

Download the ASX announcement

Download the profit announcement

Investor presentation

Download our investor presentation

See more documents and webcasts for full-year and half-year financial results on CBA's Investor Centre.

Interim dividend

The declaration of an interim dividend of $2.10 a share, fully-franked, is an increase of 35 cents per share on the prior comparable period and represents a pay-out ratio of 69% of the bank’s cash earnings after tax.

Supporting shareholders and customers

In total, $5.2 billion will be paid in dividends and re-investments into the business to support shareholders and customers. More than 860,000 shareholders – with 78% of shares being Australian-owned – will receive the dividend. The average retail shareholder will receive $1,650 in fully-franked dividends.

Capital position

With CBA’s capital position standing at a CET1 ratio of 11.4%, the group intends to increase its existing on market share buy-back by an additional $1 billion. As at 31 December 2022, $1.8 billion of the previously announced $2 billion on market share buy-back had been completed. The remainder is expected to be completed after neutralising the impact of the first half 2023 dividend reinvestment plan.

Lending

As Australia’s largest bank, CBA funded $77 billion in new home loan lending and $18 billion in new business lending during the six months to 31 December 2022. The bank also holds over 25% of all resident deposits.

Deposit funding

Deposit funding stood at 75% by the half-year’s end as the bank continued to satisfy a significant proportion of its funding requirements from retail, business and institutional customer deposits.