Australia’s biggest bank delivers bumper payout to shareholders as CBA vows to end lending to coal companies with no net zero plans
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Commonwealth Bank has posted a record cash profit while announcing it will cut off lending to coal companies without net zero emissions plans.
Australia’s biggest bank recorded $10.25bn in annual cash profits for the year to June – a 4% lift on the previous year – and delivered a bumper $2.60 payout per share to shareholders.
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Source link : https://www.theguardian.com/australia-news/2025/aug/13/cba-record-cash-profit-commonwealth-bank-of-australia
Author : Luca Ittimani
Publish date : 2025-08-13 02:18:00
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