ASX:CBABanks
Did Record Earnings, Higher Dividend and Buyback Just Shift Commonwealth Bank's (ASX:CBA) Investment Narrative?
Commonwealth Bank of Australia recently reported higher full-year net interest income of A$25,586 million and net income of A$10,866 million to June 30, 2026, alongside a fully franked final dividend of A$2.70 per share and completion of a A$316.84 million share buyback program representing 0.17% of its capital.
At the same time, the bank highlighted a 15% fall in mortgage applications after tax and rate changes, even as its home loan market share and broker-originated flows increased, and...