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Commonwealth Bank of Australia (CBA) investor relations material
Commonwealth Bank of Australia Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Unaudited statutory and cash NPAT were each ~ $2.8bn in 1Q27; cash NPAT was flat vs the 2H26 quarterly average and up 8% YoY.
Strong lending and deposit volume growth supported operating income growth; underlying net interest margin was broadly stable excluding liquid-asset movements.
Customer experience gains supported #1 NPS among major banks across Consumer, Business and Institutional.
Financial highlights
Operating income was $7,601m, up 3% vs the 2H26 quarterly average; net interest income rose 4%, partly offset by other operating income down 5%.
Operating expenses were $3,433m, up 3% vs the 2H26 quarterly average, reflecting wage and IT vendor inflation, additional quarter days, and higher cloud and software costs.
Operating performance was $4,168m, up 2% vs the 2H26 quarterly average and 8% YoY; excluding notable items, it rose 5% YoY.
Loan impairment expense was $300m, or 11 bps of average GLAA; collective provisions increased $105m during the quarter.
Outlook and guidance
Australian economic growth is slowing, but the economy remains resilient, supported by low unemployment and public infrastructure and private investment pipelines.
Strategy remains focused on customer support and sustainable outcomes amid higher rates, inflation and cost-of-living pressures affecting households and businesses unevenly.
- AUD 11 billion FY26 cash profit and a AUD 5.05 dividend amid rising technology and economic risks.CBA
AGM 2026 - Cash NPAT up 7% to $11bn, ROE at 14.0%, CET1 at 12.0%, and dividend payout ratio at 77%.CBA
H2 2026 - Cash NPAT reached ~$2.7bn, with strong capital and funding amid rising macroeconomic risks.CBA
Q3 2026 TU - Cash NPAT up 6% to $5.45bn, with strong lending, robust capital, and higher dividend.CBA
H1 2026 - Cash NPAT up 2% YoY to ~$2.6bn, CET1 at 11.8%, and strong lending and deposit growth.CBA
Q1 2026 TU - Strong profit growth, higher dividends, and tech investment highlighted amid stakeholder Q&A.CBA
AGM 2025 - Net profit up 7% to AUD 10.1B, with strong capital, digital growth, and robust credit quality.CBA
H2 2025 - Cash NPAT down 2% to $9.8bn; dividends up, capital strong, and margin pressures persist.CBA
H2 2024 - NPAT up 6–8%, cash NPAT up 2%, dividend rises 5%, with strong capital and digital focus.CBA
H1 2025
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