Bank Profits

NAB's latest trading update highlights one of the clearest differences in profitability between Australia's major banks: its net interest margin is materially below CBA's. Net interest margin (NIM) measures the difference between the interest a bank earns on loans and other interest-earning assets

CBA's full-year results reveal an incredibly strong underlying banking franchise, with cash net profit after tax (NPAT) rising 7% to nearly $11 billion, despite operating costs increasing 6% and loan impairment expenses rising 9%. The return on equity (ROE) of 14% demonstrates CBA's strength relative