Connect with us

Business

CBA shares plunge as home loan battle puts the squeeze on profit margins – The Sydney Morning Herald

Commonwealth Bank’s shares have dropped sharply after the lending giant said fierce price competition in the mortgage market…

Published

on

Article feature image

Investors have punished Commonwealth Bank shares after the lending giant said fierce price competition in the crucial home loan market was eroding its profit margins, detracting from earnings growth in the latest quarter.
In a trading update on Wednesday…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending