The Money Café with Alan Kohler cover image

The Value of an Office

The Money Café with Alan Kohler

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CBA Presentation: $10.6 Billion Cash Profit

CBA made a $10.6 billion cash profit for the full year ended June 30. dividend up 17%. I think the big thing everyone will focus on is the margin. It's down five basis points from the half year. So this has been the story of the banks. Their margins peaked in late 2022 and they have continued to fall as both mortgages have remained competitive, it's got a lot more competitive on deposits. And so they would be employing less staff and working less hours.

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