Business
Margins, not millennials, drove down Commonwealth Bank shares – The Sydney Morning Herald
CBA’s digital product push is necessary to protect its future. But traditional forces are at play in how the bank’s profit looks…
But it seems his warning was partially ignored by investors, who have priced CBA at a significant premium to its large peers. And so, for the market, the earnings came in below expectations.
In that regard, the almost 8 per cent immediate fall in the share…
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