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In what was a very busy housing market, CBA recorded above system (market) growth in home loans - up 8.5 per cent with a $40.4 billion increase in the 12 months to December 2021.
The CommBank App remains popular, with 6.6 million users, 9 million daily log-ins, and a positive net promoter score of 30.7 – the best among the major Australian banks.
7 million visits to the Group’s COVID support page; introduction of vaccination hubs around Australia; 1.8 million customers contacted regarding natural disasters.
CBA lent $60 billion to Australian businesses in the 12 months to 31 December 2021 and $2.8 billion through the Government’s SME Guarantee Scheme.
The Group maintained strong balance sheet settings and remains 73 per cent deposit funded.
23% uplift in cash profit for 1H22, supported by strong business outcomes, reduced remediation costs and lower loan loss provisions due to an improved economic outlook but impacted by lower margins.
Commonwealth Bank remains committed to making a positive contribution to its customers, communities and people.
Commonwealth Bank remains committed to making a positive contribution to its customers, communities and people.
Innovation at the fore as CBA strengthens its digital focus
Cutting-edge partnerships help accelerate Commonwealth Bank’s world-leading digital experience, with customers reaping the rewards.
Australian economy remains resilient despite COVID pandemic
CBA economists believe the Australian economy will remain strong in 2022, although caution remains in the near-term due to the latest Omicron variant.
Commonwealth Bank signs up to the Net-Zero Banking Alliance
CBA has joined more than 100 global banks as part of the Net-Zero Banking Alliance, (NZBA) underpinning its commitment to support the responsible global transition to net zero emissions by 2050.
Financial results hub
An overview of news about Commonwealth Bank's full- and half-year financial results, including results from FY21.
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