Commonwealth Bank of Australia’s posts record full-year cash profit

COMMONWEALTH Bank of Australia reported its best full-year cash earnings and announced a record dividend payout on Wednesday, as strong growth in home and business lending volumes and stable underlying margins bolstered its profits.

CBA, which underwrites a quarter of Australia’s A$2.2 trillion mortgage market, saw home and business lending grow by 6.1 per cent and 12.2 per cent, respectively, in fiscal 2025, both outpacing the average growth seen by the overall banking system.

Its net interest margin, a key measure of profitability, rose 9 basis points from last year to 2.08%.

As a result, CBA’s cash earnings jumped to A$10.25 billion (S$8.6 billion) for the fiscal year ended June 30, ahead of a Visible Alpha consensus of A$10.24 billion and the A$9.84 billion cash profit reported last year.

CBA, Australia’s biggest bank by market capitalisation and mortgage portfolio, declared a final dividend of A$2.60 per share, compared with A$2.50 apiece it paid last year. Its full-year dividend payout of A$4.85 apiece is the highest ever. REUTERS