Search results for Group performance

Group performance

CommBank continues to support our customers and the Australian economy

Commonwealth Bank will maintain and increase where necessary its support for customers after a challenging 2023 caused by cost-of-living pressures ...
14 February 2024
Group performance

CBA delivers solid first quarter result after strong focus on customer outcomes

Consistent operational and strategic execution reflected in CommBank’s performance aimed at delivering sustainable long-term returns for all stakeh...
14 November 2023
Group performance

2023 Commonwealth Bank AGM: CEO's address

Address by Matt Comyn, CEO and Managing Director of the Commonwealth Bank of Australia, at the Bank’s 2023 Annual General Meeting.
11 October 2023
Group performance

2023 Commonwealth Bank AGM: Chair's address

Address by Paul O’Malley, Chair of the Commonwealth Bank of Australia, at the Bank’s 2023 Annual General Meeting.
11 October 2023
Group performance

CBA delivers improved financial outcomes through continued focus on customers

The result demonstrates continued focus on supporting customers, investing in communities, and providing strength and stability for the broader eco...
9 August 2023
Group performance

Customer focus and balance sheet strength, delivering for all stakeholders

Our focus on customers, underpinned by our balance sheet strength and consistent operational execution has delivered record customer advocacy score...
9 May 2023
Group performance

CBA reports half year profit of $5.15 billion while continuing to focus on customers

Customer focus and disciplined strategic execution have delivered strong financial results for the six months to 31 December 2022.
15 February 2023
Group performance

CBA delivers a solid start to the 2023 financial year

In its first quarter trading update, CBA reports after-tax cash profits of $2.5 billion with consistent and disciplined execution of its strategy d...
15 November 2022
Group performance

2022 Commonwealth Bank AGM: CEO's address

Address by Matt Comyn, CEO and Managing Director of the Commonwealth Bank of Australia, at the Bank’s 2022 Annual General Meeting.
12 October 2022
Group performance

2022 Commonwealth Bank AGM: Chairman's address

Address by Paul O’Malley, Chairman of the Commonwealth Bank of Australia, at the Bank’s 2022 Annual General Meeting.
12 October 2022
Community

Support for our communities today and tomorrow

When parts of New South Wales and Queensland were hit by a once-in-a-century flood earlier this year, CommBank needed to respond – and fast.
10 August 2022
Sustainability

CBA customers take steps to reduce carbon footprint

CBA’s retail customers are taking advantage of the bank’s Green Home offer and an emissions tracking tool to limit their environmental impact, writ...
10 August 2022
Sustainability

CBA tracking well to meet its 2030 sustainability funding target

Over the past financial year, Commonwealth Bank has broken new ground in helping to support the transition ambitions of its customers, particularly...
10 August 2022
Technology

Record digital engagement for Australia’s #1 banking app

Commonwealth Bank has continued to build on its rich history of innovation, cementing its place over the last year as the market leader in mobile a...
10 August 2022
Group performance

Disciplined operational performance delivers full year CBA profit uplift

CBA shareholders will receive a $2.10 per share final dividend to take the total for FY22 to $3.85, fully franked.
10 August 2022
ASX announcement

Completion of sale of 10% shareholding in Bank of Hangzhou

Commonwealth Bank of Australia (CBA) has completed the sale of a 10% shareholding in the Bank of Hangzhou Co., Ltd. (HZB).
1 July 2022
Group performance

CBA reports third quarter cash profits of $2.4 billion as the economic momentum remains strong

Disciplined execution on the group’s strategy including continued growth across Commbank’s core banking businesses and sound credit quality underpi...
12 May 2022
Economy

CBA private equity clients win industry awards from Australian Investment Council

Growth capital investments by Allegro Funds and Next Capital recognised among best deals in Australia’s private equity, venture and private capital...
6 May 2022
Group performance

CommBank PERLS XIV Capital Notes Bookbuild results

CBA has today announced it has brought forward and successfully completed the Bookbuild for the offer of CommBank PERLS XIV Capital Notes.
4 March 2022
Business

CBA announces agreement to sell 10% shareholding in Bank of Hangzhou

Commonwealth Bank of Australia has today announced it has entered into a binding sale agreement to sell a shareholding of 10% in Bank of Hangzhou.
1 March 2022
Group performance

CBA announces an increase in 1H22 profits and improved dividend

The Group has today unveiled a 23 per cent uplift in its cash profit for the first half of its 2022 financial year, supported by lower loan loss pr...
9 February 2022
Group performance

Australian economy remains resilient despite COVID pandemic

CBA economists believe the Australian economy will remain strong in 2022, although caution remains in the near-term due to the latest Omicron varia...
9 February 2022
Group performance

Continued community support critical to CBA strategy

Commonwealth Bank remains committed to making a positive contribution to its customers, communities and people.
9 February 2022
Group performance

Innovation at the fore as CBA strengthens its digital focus

Cutting-edge partnerships help accelerate Commonwealth Bank’s world-leading digital experience, with customers reaping the rewards.
9 February 2022
Economy

Strong partnership with clients sees CBA top 2021 Australian debt capital markets league table

Commonwealth Bank of Australia (CBA) was the leading bank for Australian debt capital markets in 2021 according to Bloomberg data, raising $19.7 bi...
25 January 2022
Group performance

Commonwealth Bank 1Q22 trading update

Commonwealth Bank of Australia has today released its trading update for the quarter ended 30 September 2021.
17 November 2021
Group performance

Update on Commonwealth Financial Planning

CBA has today confirmed it will commence the closure of the remaining Commonwealth Financial Planning (CFP) business.
26 October 2021
Group performance

2021 Commonwealth Bank Annual General Meeting: Chief Executive Officer's address

Video and transcript of the address by Matt Comyn, CEO and Managing Director of the Commonwealth Bank of Australia, at the Bank’s 2021 Annual Gener...
13 October 2021
Group performance

2021 Commonwealth Bank Annual General Meeting: Chairman's address

Video and transcript of the address by Catherine Livingstone, Chairman of the Commonwealth Bank of Australia, at the Bank’s 2021 Annual General Mee...
13 October 2021
Remedial action plan

Completion of Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, thirteenth report into the progress of CBA’s ...
12 October 2021
Customers

CBA acknowledges proceedings in relation to CCI products

Commonwealth Bank has acknowledged the proceedings commenced by ASIC in relation to CBA’s sale of consumer credit insurance products.
16 September 2021
Group performance

Australia’s communities a key focus for CBA

After a tough year, Commonwealth Bank of Australia remains as committed as ever to supporting and celebrating its customers and communities.
11 August 2021
Remedial action plan

Update on Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, eleventh and twelfth reports into the progres...
11 August 2021
Group performance

Customer support remains critical priority: CBA

In a bid to help those customers who have been negatively impacted by COVID-19, Commonwealth Bank of Australia continues to implement new customer ...
11 August 2021
Group performance

CBA continues acceleration of its digital strategy

Over the last financial year, Commonwealth Bank has made significant headway along its ambitious path to deliver customers with global best digital...
11 August 2021
Group performance

CBA delivers for customers and shareholders

The strength of our business combined with a focus on supporting our customers has resulted in strong returns for our shareholders with an increase...
11 August 2021
Business

Update on Commonwealth Financial Planning

Commonwealth Bank of Australia (CBA) has expanded its partnership with AIA Australia.
28 July 2021
Business

CBA announces sale of general insurance business

CBA sells CommInsure General Insurance to the Hollard Group and establishes an exclusive 15-year strategic alliance
21 June 2021
Group performance

CBA reports third quarter profit uplift to $2.4b, contributing to the recovery

The group’s disciplined focus in both mortgages and business lending has helped drive strong operational performance, as the effect of the COVID-19...
12 May 2021
Remedial action plan

Update on Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, seventh and eighth reports into the progress ...
10 February 2021
Group performance

Innovation drives growth in lending

At its half year financial results earlier today, Commonwealth Bank reported above system growth in all of its core businesses.
10 February 2021
Group performance

CBA’s 1H21 result underpins ambition to build “tomorrow’s bank today” for customers

Interim profit delivers improving outcome for shareholders with half year dividend of $1.50 a share, writes Danny John.
10 February 2021
Group performance

CBA sees significant drop in repayment deferrals

At its half year financial results briefing today, Commonwealth Bank reported a huge reduction in the number of home and business loan repayment de...
10 February 2021
Coronavirus

Update on COVID-19 temporary loan repayment deferral data

Commonwealth Bank provided an update on its loan repayment deferral data for the month of October 2020 reporting a net reduction of 59% in total lo...
11 November 2020
Group performance

CBA in strong position to weather current economic challenges

Disciplined execution of our strategy and strong operational performance continued to deliver good outcomes for our stakeholders during the Septemb...
11 November 2020
Group performance

Commonwealth Bank retains digital leader position

Digital banking is now more commonplace than ever before, with new data showing $1.2 billion is transacted through the CommBank App every single day.
12 August 2020
Remedial action plan

Update on Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, seventh and eighth reports into the progress ...
12 August 2020
Group performance

CBA delivers strong performance in a challenging environment

Commonwealth Bank has unveiled a cash net profit from continuing operations for the 2020 Financial Year of $7.3 billion.
12 August 2020
CommBank app

CommBank overall digital experience leader for mobile banking for the fourth consecutive year

Independent research firm finds CommBank takes the lead, delivering impressive digital experiences and excelling at UX and functionality.
24 July 2020
Group performance

Commonwealth Bank 3Q20 trading update

Commonwealth Bank of Australia has today released its trading update for the quarter ended 31 March 2020.
13 May 2020
Colonial First State

CBA announces agreement to sell 55% stake in Colonial First State to KKR

Commonwealth Bank of Australia has entered into an agreement with KKR to sell a 55% interest in Colonial First State, implying a total valuation on...
13 May 2020
Group performance

Update on divestment of Indonesian life insurance business

CBA announces the final regulatory approval for the divestment of CBA’s 80 per cent equity interest in its Indonesian life insurance business has b...
11 May 2020
Group performance

Divestment of Australian Investment Exchange Ltd (AUSIEX)

CBA announced that it has entered into an agreement to sell AUSIEX to Nomura Research Institute.
28 April 2020
Group performance

Update on divestment of Australian life insurance business

Commonwealth Bank of Australia announced that it has received further proceeds of approximately $865 million under the revised transaction path for...
1 April 2020
Remedial action plan

Update on Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, fifth and sixth reports into the progress of ...
12 February 2020
Group performance

Profit result builds on Commonwealth Bank's core strengths

Commonwealth Bank has delivered a solid profit result for the first half of the 2020 financial year by building on the core strength of its retail ...
12 February 2020