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Commonwealth Bank's Profits Edge Higher on Lending Growth

Commonwealth Bank's Profits Edge Higher on Lending Growth

Bloomberg13-05-2025

Good morning everyone, it's Ben here on a chilly Canberra morning, here's what's making headlines today.
Today's must-reads:
• Commonwealth Bank's profit edges higher
• Meet Australia's first female opposition leader
• Traders slash bets on heavy RBA cuts
Commonwealth Bank of Australia's profit edged higher in the third quarter amid growth in the firm's business lending. with transaction accounts up 7% and the division expanding at a faster rate than the broader market.

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