February 6, 2018 / 8:47 PM / 6 months ago

BRIEF-Commonwealth Bank Of Australia Says HY Cash NPAT Down 1.9 Percent

Feb 7 (Reuters) - Commonwealth Bank Of Australia:

* HY STATUTORY NPAT $4,895M, UP 1.2%

* “MARKET VOLATILITY REMAINS A RISK GIVEN ONGOING GLOBAL UNCERTAINTY AS TO PACE AND EXTENT OF RATE RISES”

* HY GROUP’S NET INTEREST MARGIN UP 6 BASIS POINTS TO 2.16%

* INTERIM DIVIDEND 200 CENTS PER SHARE

* HAS PROVIDED FOR CIVIL PENALTY OF $375 MILLION; BELIEVES IT TO BE RELIABLE ESTIMATE OF PENALTY THAT COURT MAY IMPOSE

* $200 MILLION EXPENSE PROVISION WAS TAKEN FOR EXPECTED COSTS FROM KNOWN REGULATORY, COMPLIANCE & REMEDIATION PROGRAM COSTS Source text for Eikon: Further company coverage:

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