Australia's largest bank CBA reports a 4% increase in cash profit for the third quarter

At the same time, the bank stated that it is closely monitoring the broader impact of the Middle East conflict. As Australia's largest lender, CBA reported a cash net profit after tax of approximately AUD 2.7 billion (about USD 1.95 billion) for the three months ended March 31, compared with about AUD 2.6 billion in the same period last year. However, this figure is 1% lower than the quarterly average of the first six months of this financial year. Read more