Commonwealth Bank profit dips to $9.5b, raises dividend

CBA will pay a $2.50 fully franked dividend, taking its full-year dividend to $4.65 per share, up three per cent from a year ago.

CBA said on Wednesday its net interest margin was 1.99 per cent, down eight basis points from 2023/24, largely due to the impact of competition and deposit switching. Margins stabilised during the second half of the year.

"Our results demonstrate our continued focus on supporting our customers, our disciplined operational and strategic execution, and the strength of our balance sheet," CBA chief executive Matt Comyn said.