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Commonwealth Bank of Australia Reports Higher Fiscal Q3 Cash Net Profit After Tax

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Commonwealth Bank of Australia (ASX:CBA) reported a cash net profit after tax of around AU$2.7 billion for the fiscal third quarter, up 4% from a year earlier, according to a Wednesday filing with the Australian bourse.

The bank said its operating income was flat in the three months to March 31 compared with the average of the first two quarters of fiscal 2026, as a 1% increase in net interest income was offset by lower other operating income.

The company reported a loan impairment expense of AU$316 million, and raised the forward-looking component of collective provisions by AU$200 million during the quarter.

"Notwithstanding an already strong level of provisioning, we have chosen to further top up our collective provisions in the quarter to reflect heightened macroeconomic risks," CEO Matt Comyn said.

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