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Commonwealth Bank of Australia fiscal H1 cash net profit drops YOY

Commonwealth Bank of Australia posted a cash net profit after tax from continuing operations of A$4.74 billion, or A$2.722 per basic share, for the fiscal first half ended Dec. 31, 2017, down from A$4.83 billion, or A$2.811 per basic share, in the year-ago period.

The S&P Capital IQ consensus normalized EPS estimate for the fiscal first half was A$2.92.

More details to follow.