Commonwealth Bank reports $10.9 billion annual profit | ABC NEWS
Commonwealth Bank has reported a 7 per cent increase in profit to $10.98 billion. Business reporter Lin Lin discusses the results and says there are still weaknesses in operating costs and net interest margin. The bank also recorded a 15 per cent drop in the number of loan applications since May 2026. Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-08-12/asx-markets-business-live-news/107025982
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