<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/commonwealth-bank" rel="" target="" title="Commonwealth Bank"><span>Commonwealth Bank</span></a><span> has posted a record profit of $10.25 billion for the 2024-25 financial year.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The bumper full-year result came as the country's largest lender added another $40 billion in loans to homeowners and businesses in the last year, up to a total of $761 billion.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The proportion of customers behind on their mortgages fell in the last quarter as households felt less of a pinch from the cost-of-living crisis.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/netflix-price-change-australia-2025/c5fe021b-6a80-4fc7-88df-dd8bae7ce324"><strong><span>Netflix hikes up prices again for Australian users</span></strong></a><strong><span></span></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"This past year has brought some relief through easing inflation, lower interest rates and tax cuts," Commonwealth Bank chief executive Matt Comyn said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Many households are now experiencing a rise in disposable income, and the financial gap between younger and older Australians has narrowed.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Savings have increased, with younger Australians now rebuilding their financial buffers, and discretionary spending has also picked up, reflecting growing consumer confidence.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/commonwealth-bank-record-profit-2024-2025-financial-year/4f0c99d9-0466-40cc-873b-5ee877c42dc9" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"And while we recognise many are still finding the context challenging, there is some positive momentum."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>At the same time, CBA's interest margin – the difference between the income it raised from interest on loans, and what it paid in interest to savings customers – increased by nine basis points to 2.08 per cent.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/finance/reserve-banks-meeting-to-decide-interest-rates-august-12/bd716ade-030c-4d2a-97b6-e4c3c51b795a" rel="" target="" title=""><strong><span>RBA hints even more relief on the way after long-awaited rate cut</span></strong></a><strong><span></span></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The bank also announced a final dividend of $2.60 per share, taking it up to $4.85 for the overall financial year in a move it said delivered $8 billion to the more than 8 million Australian shareholders.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>While the overall results were largely in line with analyst expectations, CBA's share price fell following the announcement, down more than 8.5 per cent in the first hour of trading.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>That helped drag the overall ASX200 down from the record high reached following yesterday's </span><a href="https://www.9news.com.au/finance/reserve-banks-meeting-to-decide-interest-rates-august-12/bd716ade-030c-4d2a-97b6-e4c3c51b795a" rel="" target="" title="interest rate cut from the Reserve Bank"><span>interest rate cut from the Reserve Bank</span></a><span>.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>In addition to its annual results, Commonwealth Bank also announced a new partnership with ChatGPT parent company OpenAI in a move to improve scam and fraud protection.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>CBA also said the deal with the artificial intelligence behemoth would deliver its customers "more personalised services".</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a 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