CBA Profit Climbs as Banks Grapple With Slide in Mortgage Volume
Commonwealth Bank of Australia’s first-quarter profit climbed as growth in loans to businesses by the country’s largest lender offset struggles in mortgages during the housing slump.

<p>Commonwealth Bank of Australia’s first-quarter profit climbed as growth in loans to businesses by the country’s largest lender offset struggles in mortgages during the housing slump.</p>