The Commonwealth Bank of Australia (ASX: CBA) share price is in focus today following its FY26 results, which saw cash net profit after tax lift 7% to $11.0 billion and a final dividend of $2.70 per share declared.
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What did Commonwealth Bank of Australia report?
- Cash NPAT: $11.0 billion, up 7% year on year
- Statutory NPAT: $10.9 billion, up 8%
- Operating income: $30.2 billion, up 6.2%
- Return on equity (cash): 14.0% (up 50 basis points)
- Final dividend: $2.70 per share (fully franked); full-year dividend $5.05 (up 20 cents)
- CET1 (Level 2): 12.0%, well above regulatory minimum
What else do investors need to know?
The bank reported robust growth in both retail and business lending, each outpacing system growth rates. Business lending grew at 1.3 times the system, while home lending matched system growth. Customer engagement continued to deepen, with 655,000 new retail transaction accounts and daily digital logins surpassing 14 million.
Credit quality remained sound despite some pressure from cost-of-living and higher interest rates, with troublesome and non-performing exposures stable at 0.94% of total committed exposures. CBA's technology focus was evident, boasting more than 9.6 million active app users and further rollout of its AI-powered CommBank Companion service.
What did Commonwealth Bank of Australia management say?
Commenting on the results, CBA's CEO, Matt Comyn, said:
In FY26, CBA grew at or above system in each of our five core domestic product categories: home lending, business lending, consumer finance, household deposits and business deposits. It is the first time CBA has achieved this and the first time any major Australian bank has done so in the past 15 years. We remain the main financial institution for one in three Australians and one in four Australian businesses.
What's next for Commonwealth Bank of Australia?
CBA flagged a cautious outlook, with household spending softening and economic growth expected to slow. Even so, the bank remains committed to disciplined growth, technology innovation, and supporting customers facing cost-of-living pressures. Management intends to reinvest for future returns while targeting a sustainable payout ratio within its 70–80% range.
The bank is also preparing for regulatory changes, including new capital frameworks coming into effect in 2027. CBA says its strong balance sheet and conservative capital position leave it well placed for uncertainty and ongoing investment.
Commonwealth Bank of Australia share price snapshot
Over the past year, the Commonwealth Bank of Australia share price has underperformed the S&P/ASX 200 index (ASX: XJO) with a 3% decline.
