Commonwealth Bank Achieves 20 Profit Boost In Fy21 As Splurge On Tech Continues
For the period to 30 June 2021, CBA achieved nearly a 20% uplift in statutory after-tax net profit of AU$8.84 billion, while operating income remained steady hovering around AU$24 billion. “The continuing strength of our businesses, combined with a focus on customer needs, digital engagement, and consistent operational excellence has contributed to a strong financial result this year,” CBA boss Matt Comyn told shareholders on Wednesday. “We are focused on continuing to make progress on our more ambitious strategy – building tomorrow’s bank today for our customers....