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Commonwealth bank (ASX: CBA) Results

The Commonwealth Bank (ASX: CBA) Results Are In

Topical ArticlesBy Jarrod MantellFebruary 10, 2021

The Commonwealth Bank (ASX: CBA) results from today are OK but not dazzling. The 67% payout ratio (150c interim dividend up from 98c) is below the 91% pre-pandemic payout ratio and below the company’s stated 70-80% full-year target range. Revenue is down 1% in the first half with net profit down 21% and cash profit…

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