Top Australian bank CBA's third-quarter cash profit rises, margin stable
May 14 (Reuters) - Commonwealth Bank of Australia (CBA.AX), opens new tab reported a rise in third-quarter cash earnings on Wednesday, helped by growth in lending volumes and higher trading income.
The bank's interest income grew 1% during the period.
CBA said its net interest margin for the quarter was stable, excluding non-recurring earnings. It did not give a margin figure in the limited trading update.
Cash net profit after tax for the country's biggest lender was about A$2.6 billion ($1.68 billion) during the three months ended March 31, compared with A$2.4 billion a year earlier.
($1 = 1.5458 Australian dollars)
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