The Commonwealth Bank has posted an eye-watering $2.6 billion unaudited first-quarter cash profit, buoyed by growth in home loans and deposits.

Despite the result putting Australia's biggest company on track to beat its record $10 billion 2025 full-year profit, investors dumped CBA shares, which tumbled 3.7 per cent to $168.51 in early trade.

Lofty valuations in Australia's heavyweight and highly established financials sector has prompted analysts to question the source of its future growth.

CBA's result was one per cent higher than the recent average and up two per cent on the same quarter in 2024.

Operating income was up three per cent, driven by lending and deposit volume growth.

Households and businesses were still facing significant cost-pressures but the bank was committed to su

See Full Page