Reuters logo
BRIEF-Commonwealth Bank Of Australia says qtrly statutory net profit approximately $2.4 billion
November 7, 2016 / 9:52 PM / a year ago

BRIEF-Commonwealth Bank Of Australia says qtrly statutory net profit approximately $2.4 billion

Nov 8 (Reuters) - Commonwealth Bank Of Australia

* Qtrly statutory net profit on an unaudited basis for same period was also approximately $2.4 billion

* Loan impairment expense (lie) was $322 million in quarter

* Group’s basel iii internationally comparable cet1 ratio as at 30 september 2016 was 14.3 per cent

* Group’s basel iii common equity tier 1 (cet1) apra ratio was 9.4 per cent as at 30 september 2016

* Group net interest margin was lower in quarter due to higher funding costs

* Unaudited cash earnings for three months ended 30 september 2016 were approximately $2.4 billion

* Qtrly operating income growth was slightly below that of fy16

* “Group net interest margin was lower in quarter3 due to higher funding costs” Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below