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Commonwealth Bank of Australia (ASX:CBA)

ALERT: Price-sensitive ASX Announcement for CBA
Current share price for CBA : $163.710 4.97 (3.13%)+
Announcement
Release
11 Feb 2026 7:30AM
Price at Release
$158.740
Full Release
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Summary
The Commonwealth Bank of Australia (CBA) released its 2026 Half Year Results Presentation, showcasing strong financial performance and strategic growth initiatives. For the half year ending December 31, 2025, CBA achieved a statutory net profit after tax (NPAT) of $5.4 billion, aligning closely with its cash NPAT. The bank reported a 6% increase in cash NPAT compared to the previous half, indicating robust operational performance and disciplined growth. Key financial metrics included a 13.8% return on equity and a cash earnings per share increase of 19 cents. The operating income rose by 6.6%, driven by disciplined franchise growth, and the effective tax rate was approximately 30%. CBA maintained a strong balance sheet with a CET1 ratio of 12.3%, well above the APRA's minimum requirement. The report highlighted CBA's continued investment in technology and customer experience enhancements, such as its CommBank app, which has seen increased customer engagement. The bank also emphasized sustainable growth through prudent margin management and strategic investments, ensuring superior shareholder returns.
Key Points
  • Commonwealth Bank of Australia reported a statutory NPAT of $5.4 billion for 1H26.
  • Cash NPAT increased by 6% compared to 2H25, reaching $5.445 billion.
  • The effective tax rate was approximately 30% for the period.
  • Operating income grew by 6.6% due to disciplined franchise growth.
  • Return on equity was recorded at 13.8%, with a 19-cent increase in cash earnings per share.
  • CBA maintained a CET1 ratio of 12.3%, exceeding the APRA's minimum requirement.
  • Continued investment in technology and customer experience, notably in the CommBank app.
  • Strategic focus on sustainable growth and superior shareholder returns.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.