Earnings Call Summary | COMMONWEALTH BANK OF AUSTRALIA(CBAUF.US) Q2 2024 Earnings Conference
Earnings Call Summary | COMMONWEALTH BANK OF AUSTRALIA(CBAUF.US) Q2 2024 Earnings Conference
The following is a summary of the Commonwealth Bank of Australia (CBAUF) Q2 2024 Earnings Call Transcript:
以下是澳大利亚联邦银行（CBAUF）2024年第二季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Commonwealth Bank of Australia reported a statutory profit of $4.8 billion for the half, with continuing cash profit a little above $5 billion.
Both cash profit and pre-provision profit were 3% lower than the previous half due to competitive pressures and inflationary costs.
Loan impairment expenses fell due to improved credit quality in retail, business, and institutional lending.
Net interest income fell despite a 4% growth in average interest-earning assets whereas operating expenses grew by 4% due to rising wages and supplier costs.
Despite economic headwinds and increased deposit competition, the bank maintained a strong balance sheet and saw improvements in customer net promoter scores and net interest income.
The bank ended with a common equity Tier 1 ratio of 12.3% and financial buffers of $2.2 billion.
澳大利亚联邦银行报告称，上半年的法定利润为48亿美元，持续现金利润略高于50亿美元。
由于竞争压力和通货膨胀成本，现金利润和拨备前利润均比上半年下降3％。
由于零售、商业和机构贷款信贷质量的改善，贷款减值支出下降。
尽管平均利息收入资产增长了4％，但净利息收入下降了，而由于工资和供应商成本的上涨，运营支出增长了4％。
尽管存在经济不利因素和存款竞争加剧，但该银行仍保持了强劲的资产负债表，客户净推荐人得分和净利息收入均有所改善。
该银行收盘时普通股一级比率为12.3％，财务缓冲额为22亿美元。
Business Progress:
业务进展：
CBA has focused on supporting its customers through loan repayment pauses, loan deferrals, interest-only loans, and flexible plans, delivering about $4 billion in dividends in the half.
The bank continues its digital initiative, helping 3 million customers manage their finances and sees its digital platform as a key driver for future growth.
CBA provided $18 billion in loans to small businesses and $75 billion funding for public services in Australia.
The bank aims to improve services and experience for the customers, intending to compete forcefully for main banking relationships.
CBA invested heavily in digitalization and other areas like cloud computing and scam prevention for improving business operation.
The bank plans to meet APRA TLAC requirements by gradually issuing Tier 2 debt until 2026 and aims to offer shareholders sustainable dividends and long-term capital growth.
CBA一直专注于通过暂停还贷款、贷款延期、纯息贷款和灵活计划为客户提供支持，在上半年提供约40亿美元的股息。
该银行继续其数字化计划，帮助300万客户管理财务，并将其数字平台视为未来增长的关键驱动力。
CBA向澳大利亚的小企业提供了180亿澳元的贷款，为澳大利亚的公共服务提供了750亿澳元的资金。
该银行旨在改善客户的服务和体验，打算激烈竞争主要的银行关系。
CBA在数字化以及云计算和欺诈预防等其他领域进行了大量投资，以改善业务运营。
该银行计划通过在2026年之前逐步发行二级债券来满足APRA TLAC的要求，并旨在为股东提供可持续的股息和长期资本增长。
More details: COMMONWEALTH BANK OF AUSTRALIA IR
更多详情： 澳大利亚联邦银行 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。