CBA releases March quarter trading update

Company News

 
Commonwealth Bank of Australia (ASX:CBA) has advised its unaudited cash earnings for the third quarter were $2.3 billion.  
 
The bank has reported operating income growth was similar to the first half of FY16, while trading income was up slightly during the quarter.
 
Home lending and deposits continued to grow, while domestic business lending growth remained at mid-single digit levels.
 
Funds under management declined, reflecting falling investment markets.

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