CommBank pushes leading capital position despite ROE hit
- Wednesday, 10 August 2016
Commonwealth Bank of Australia (CommBank) used its August 10 annual results announcement to trumpet its leading capital position among the Australian big four banks. The bulk of its year-on-year common equity tier-one (CET1) growth came from a major equity raising in the first half, and the overall climb to 10.6 per cent CET1 has come with a significant cost in return on equity (ROE), though.
