Commonwealth Bank's first half profits swelled 4 per cent to $4.8 billion, helped by a strong performance in its flagship retail banking arm and low numbers of loans turning sour.
Amid a debate over whether banks may be forced to cut their dividends, CBA will keep its interim dividend flat at $1.98 a share. CBA shares rose 3 per cent in early trade to $75.10.
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Clancy Yeates is deputy business editor. He has covered banking and financial services, and was previously national business correspondent in the Canberra bureau. Connect with Clancy on Twitter.
