Commonwealth Bank (ASX:CBA) Result Analyst Comments: Reporting Season, August 2023

10/08/2023 6 min
Commonwealth Bank (ASX:CBA) Result Analyst Comments: Reporting Season, August 2023

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Episode Synopsis

Morgans Senior Analyst Nathan Lead comments on the Commonwealth Bank (ASX:CBA)reporting season results, saying, while CBA delivered a mild beat of expectations for 2H23 (declining) earnings, the continuing asset quality strength and capital management initiatives (material uplift in dividend, new $1bn share buyback) were also noteworthy.Check out more from Morgans:Visit the Morgans website: www.morgans.com.auCheck out our blog: www.morgans.com.au/BlogOn Facebook: www.facebook.com/MorgansAUOn Instagram: www.instagram.com/Morgans.AustraliaOn Twitter: twitter.com/MorgansAU

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