Original article by James Frost, James Eyers
The Australian Financial Review – Page: 15 & 19 : 10-Aug-17

The Commonwealth Bank of Australia has increased its full-year dividend to $A4.29 per share after posting a 2016-17 cash profit of $A9.88bn. The result was 4.6 per cent higher than previously and slightly exceeded market expectations. Earnings per share grew by 3.6 per cent to $A5.74 and CBA’s net interest margin fell three basis points to 2.11 per cent. CBA has also advised that its common equity tier one capital ratio is now 10.1 per cent, and the bank expects to achieve the revised target of 10.5 per cent well before the start of 2020.

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, PM CAPITAL LIMITED, PERENNIAL VALUE MANAGEMENT LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, WESTPAC BANKING CORPORATION – ASX WBC