Original article by James Frost, James Thomson
The Australian Financial Review – Page: 15 : 10-Feb-20
The consensus of analysts polled by Bloomberg is for the Commonwealth Bank of Australia to post a 2019-20 interim cash profit of $4.34bn. This compares with $4.68bn for the first half of 2018-19. The bank’s share price has gained 10 per cent in the last three months, leaving the stock vulnerable to a pullback if investors are disappointed by the interim result. Most analysts do not expect CBA to announce a special dividend or a share buyback.
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, BLOOMBERG LP