Commonwealth Bank has lifted dividends and posted a robust increase in full year profit on the back of strong home and business lending and a reduction in provisions related to the COVID-19 pandemic.
The country's biggest lender on Wednesday reported a better-than-expected cash profit of $9.59 billion for the year to June 30, an 11 per cent increase from the year earlier.
Its statutory bottom-line result was up 9 per cent to $9.67 billion.
