Commonwealth Bank reports strong capital, increased volumes in September quarter

Commonwealth Bank of Australia (CBA) reported an unaudited cash NPAT of ~$2.6 bn for the September 2025 quarter, a 1% increase over the 2H25 quarterly average and 2% up from the prior comparative quarter. Operating income rose 3%, driven by growth in lending and deposits, higher non-interest income, and 1.5 additional days. Operating expenses increased 4% due to wage and IT vendor inflation. The bank maintained strong balance sheet settings, with deposit funding representing 79% of total funding, and CET1 (Level 2) ratio at 11.8%.

The Group’s total Risk Weighted Assets (RWA) increased by A$5.3 bn to A$501.4 bn, primarily due to increases in credit risk RWA and operational risk RWA. Credit risk RWA grew A$2.0 bn to A$400.9 bn, driven by volume growth across domestic residential mortgages, commercial portfolios, New Zealand, and financial institutions. Operational risk RWA increased A$3.4 bn to A$51.0 bn following the annual update of the business indicator component.

CBA's total relevant interest in Karoon Energy Ltd as of November 6, 2025, was 5.01%, comprising 36,621,711 fully paid ordinary shares. This includes direct holdings by Commonwealth Bank of Australia (163,788 shares) and indirect holdings via Avanteos Investments Limited and Colonial First State Investments Limited (36,457,923 shares). Acquisitions were made for cash, with significant transactions occurring throughout July, August, September, and October 2025.