CBA Profit Hits $2.7bn; Aristocrat Announces $1bn Buyback

Commonwealth Bank of Australia reported a $2.7bn cash profit for Q3 2026, while Aristocrat Leisure announced a $1bn share buyback.

CBA Profit Hits $2.7bn; Aristocrat Announces $1bn Buyback

Image: theaustralian.com.au

Commonwealth Bank of Australia (CBA) reported a cash profit of $2.7 billion for the third quarter of fiscal 2026, according to a trading update released on May 13, 2026. The result was driven by strong home lending growth and higher net interest margins.

Separately, Aristocrat Leisure Ltd announced a $1 billion on-market share buyback program, citing strong cash flows and confidence in its growth outlook. The buyback is expected to commence in June 2026 and run over 12 months.

CBA's profit figure excludes one-off items and compares to $2.5 billion in the same quarter last year. The bank also reported a 5% increase in home loan volumes and a 3% rise in deposits.

Aristocrat's buyback follows a 15% rise in half-year net profit to $750 million, driven by strong demand for its gaming machines in North America and digital games. The company said it would fund the buyback from existing cash reserves.

❓ Frequently Asked Questions

What was CBA's cash profit for Q3 2026?

CBA reported a cash profit of $2.7 billion for the third quarter of fiscal 2026.

How much is Aristocrat's share buyback?

Aristocrat Leisure announced a $1 billion on-market share buyback program.

What drove CBA's profit increase?

The profit increase was driven by strong home lending growth and higher net interest margins.

📰 Source:
theaustralian.com.au →
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