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CBA's three hurdles to buybacks and bigger dividends

CBA’s three hurdles to buybacks and bigger dividends Save Share Commonwealth Bank CEO Matt Comyn revealed the bank is facing three obstacles to share buybacks and even bigger dividends as it announced a $3.9 billion cash profit on Wednesday and around $10 billion in excess capital. CBA is poised to shower shareholders with as much as $2.7 billion in dividends in late March, after raising the first-half distribution by 53 per cent to $1.50 a share compared with the previous half. However, t...
Jonathan Mott Alan Docherty Michelle Lopez Peter Gardner Hugh Giddy ஜொனாதன் மாட்
Source: afr.com

CBA ramps up business lending to take on NAB

CBA ramps up business lending to take on NAB Save Share Commonwealth Bank boss Matt Comyn wants to drive the post-COVID-19 economic recovery and become the country’s largest lender to business, in a bid to knock National Australia Bank off its long-held position as the top business bank. After pausing $51 billion of mortgage repayments for 158,000 home loan customers during an extensive triage process last year as COVID-19 ravaged the economy, Commonwealth Bank has shifted gear and says ba...
New Zealand Alan Docherty Philip Lowe Andrew Martin Don Argus Morgan Stanley
Source: afr.com

Did you start a new Christmas tradition because of COVID-19? We spoke with some locals who did

Did you start a new Christmas tradition because of COVID-19? We spoke with some locals who did Because of the pandemic, many people are staying home this year and creating new traditions to celebrate the holiday. Author: Daranesha Herron (KVUE) Updated: 9:29 AM CST December 26, 2020 AUSTIN, Texas — The COVID-19 pandemic has changed the holidays for all of us, forcing many to switch up their family traditions this Christmas. KVUE asked last-minute shoppers what ...
United States Alan Docherty Seth Beltran Marshall Moulis Daranesha Herron Daraneshatv Aman Arora
Source: kvue.com

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