CBA Surge Overcomes CSL Slide to Power ASX 200
CBA rose on Wednesday after the latest results with investors giving a thumbs up to its performance.
Commonwealth Bank of Australia (ASX: CBA)
Commonwealth Bank of Australia (ASX: CBA) on 11 February 2026 reported a solid half year result for the period ended 31 December 2025 which led to the share price rising 6.82% on Wednesday with the help of steady earnings and disciplined execution.
Investors responded strongly to the result which pushed the share price higher after recent months where concerns around valuation had reduced confidence in the stock.
CBA shares had fallen nearly 30% in November after its Q1 FY26 update showed only a 2% year-on-year rise in unaudited cash NPAT and a 4% increase in operating costs.
Cash NPAT for December Half year increased 6% to $5.445 billion which was supported by 6.6% growth in operating income to $15.0 billion while operating expenses rose 5.5% due to continued investment in technology, AI capability and frontline distribution.
The bank now has a market capitalisation of $283.75 billion and pre provision profit strengthened to $8.1 billion which reflects solid momentum across retail, business and institutional segments.
The interim dividend was lifted to $2.35 per share which is an increase of 10 cents and represents a payout ratio of about 74% on a normalised basis with a current annual yield of 2.86%.
Credit quality remains stable with loan impairment expense at $319 million and total provisions of $6.3 billion which will provide protection against geopolitical uncertainty.
The CET1 ratio stood at 12.3% which is well above APRA’s 10.25% minimum and shows strong capital generation and balance sheet strength but the P/E ratio of 28 is much higher than other big banks.
New variable home loan rate changes will take effect from 13 February which should improve competitive positioning and support strong returns on equity compared to peers.
Management has confidence in the domestic economy due to solid export earnings which is visible in stronger lending growth across small business, commercial and rural segments relative to the previous financial year.
(Source: Company Announcements)
Get Your Free Report on Top 5 ASX Stocks on WhatsApp
Instant Access. No Credit Card Required.
Receive on WhatsApp
Checkout Our Recommendation for free - 7 days free trial
Start Free TrialASX Stock Research & Recommendations — 7‑day free trial
Independent, analyst‑driven insights.
- Stock of the week report
- Daily Analysis Report
- No credit card required
Get Your FREE Report
Discover the Top ASX Stocks to Invest In 2026!
Expert Analysis of Top-Performing ASX Stocks
Market Insights and In-Depth Research
Buy, Sell, And Hold Recommendations
Almost There!
Enter your details to download the report
Success!
Preparing your download...
Latest Article
Disclaimer
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
