Australian Stock Report - Share Tips
CBA $1.75 billion Cash Profit In Third Quarter
share-tips
Publish date: Thu, 17 May 2012, 06:45 PM
share-tips
0 1,810
Our stock analysis blog provides information on stocks to watch and helps you figure out which are the best stock to buy. We use fundamental and technical analysis to identify the stocks tips that will supercharge your portfolio. We don't believe in choosing stock tips on rumours or hearsay. Our share tips use fundamental analysis, like price-to-equity ratios, cash flow analysis and net tangible assets, to identify the best share trading opportunities. We then use technical analysis, which is the study of price charts, to determine the best level to buy shares. We believe using the two school of investment analysis allows us the increase the chances of our share tips being successful.
CBA $1.75 billion Cash Profit In Third Quarter
Commonwealth Bank of Australia provides banking, life insurance and related services for individuals, small businesses and medium sized commercial enterprises.
The Bank provides corporate and general banking, international financing, institutional banking and stock broking and funds management such as superannuation product.
Financial Stock CBA reported a $1.75 billion cash profit in the third quarter, a 3% rise from the prior corresponding period.
The bank did note that subdued credit demand and high funding costs continued to eat into its profit margins.
CEO Ian Narev said in a statement "consistent with the uncertain outlook that we indicated in the Group’s half-year results in February, we have retained our conservative business settings, including tight expense control, a conservative funding profile and strong provisioning levels"
For FREE Daily Trading Recommendations, Click Now!
CBA $1.75 billion Cash Profit In Third Quarter is a post from: Australian Stock Report Share Tips
No related posts.
More articles on Australian Stock Report - Share Tips
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Latest Videos
Apps
Top Articles
1
#
Stock
Score
Daily Stocks
Stock
Last
Change
Volume
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
