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CBA share price fall after $5b profit may have left CEO Matt Comyn slightly relieved

A fall in CBA shares after the bank reported a $5 billion half-year profit may have left CEO Matt Comyn slightly relieved, given economic pain in the community.

RBA interest rates: Commonwealth Bank CEO Matt Comyn says rate cuts may wait until 2025 after US inflation shock

Financial markets pushed back their own bets of the likely timing of easing to December, from September.

CBA results at a glance

Commonwealth Bank reported a net profit of A$4.8 billion for the six months to December 2023 – a fall of 8 per cent compared with the previous corresponding period.

Stockton is not a shithole - Socialist Party

Stockton is not a shithole - Socialist Party
socialistparty.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from socialistparty.org.uk Daily Mail and Mail on Sunday newspapers.

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