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AAP
AAP

CBA's quarterly profit down while delinquencies tick up

The Commonwealth Bank has posted a drop in profit and a rise in customers behind on their loans. (Brendan Esposito/AAP PHOTOS)

Commonwealth Bank's profit dropped last quarter while delinquencies ticked up, although they remain historically low.

CBA announced on Thursday it made an unaudited after-tax profit of $2.4 billion in three months to March 31, down five per cent from a year ago and down three per cent from its first-half quarterly average. 

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