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AAP
AAP
Derek Rose

Shareholders still cash in as CBA profit slips to $9.5b

Commonwealth Bank recorded a profit of almost $10 billion in the past financial year. (Joel Carrett/AAP PHOTOS)

Inflation and higher expenses has eroded the profit of Australia's biggest bank, but it is still increasing its payout to shareholders.

Commonwealth Bank on Wednesday announced full-year earnings results that were largely in line with analyst expectations, although its loan impairment expenses dropped by more than a quarter, to $802 million.

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