Commonwealth Bank of Australia (CBA.AX) reported third quarter statutory net profit of A$1.90 billion, up from A$1.70 billion a year earlier.
Cash profit was A$1.90 billion, compared with A$1.75 billion a year earlier.
Group Net Interest Margin was higher in the quarter due to a combination of factors including prior period asset re-pricing, partly offset by higher funding costs
The company stated that the trading income in the quarter was at a level consistent with the first half run-rate and expenses continued to be well managed.
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