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AAP

Business

Adrian Black and Kaaren Morrissey

CommBank's record $10b profit could've been bigger: CEO

Matt Comyn Australia CBA

"There's a number of things that we could have done differently," CBA group CEO Matt Comyn says. (Dan Himbrechts/AAP PHOTOS)

Australia's biggest bank is positioning for stronger growth in the next decade, betting big on artificial intelligence to protect customers from scams and streamline operations.

The Commonwealth Bank posted a record profit of $10.1 billion in the year to June 30, but chief executive Matt Comyn said the result could have been even better.

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