Commonwealth Bank of Australia (CBA) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the results briefing for the Commonwealth Bank of Australia for the full year ended 30 June 2026. I'm Melanie Kirk and I'm Head of Investor Relations. Thank you for joining us for this briefing. We will have presentations from our CEO, Matt Common, with an overview of the business and the financial results. Our CFO, Alan Docherty, will provide details of the financial results. Matt will then come back and provide a summary and outlook. The presentations will be followed by the opportunity for analysts and investors to ask questions. I'll now hand over to Matt. Thank you, Matt. Thank you very much, Mel. And good morning, everyone. This is a strong four-year result, which has enabled us to continue to support customers, protect communities and invest in Australia. This year, we delivered disciplined growth across all domestic franchises while maintaining stable underlying margins and strong capital funding and liquidity. Cash net profit after tax increased by 7% and statutory profit increased by 8%. Cash earnings per share increased by 44 cents. This allowed the board to declare a fully franked dividend of $2.70, taking the full year dividend to $5.05 per share. Conditions became more challenging through the second half for our customers, with higher rates affecting household spending and savings, housing activity moderating, and arrears increasing from low levels. In a demanding environment, we enter the 2027 financial year from a position of strength, but with a clear focus on execution and continuing to support our customers. CBA grew at or above system in all five core product categories, home lending, business lending, consumer finance, household deposits, and business deposits. This is the first time any major Australian bank has done this in...