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Commonwealth Bank Posts 6% Profit Rise, Boosts Dividend Amid Economic Headwinds
7:30am on Wednesday 12th of February, 2025 AEDT
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Banking
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Commonwealth Bank Posts 6% Profit Rise, Boosts Dividend Amid Economic Headwinds
7:30am on Wednesday 12th of February, 2025 AEDT
Key Points
Net profit after tax rose 6% to $5.14 billion
Interim dividend declared at $2.25 per share, fully franked
Loan impairment expenses declined by 23%
Operating expenses increased 6% due to inflation and technology investments
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Commonwealth Bank of Australia (ASX:CBA)
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