CBA optimistic on outlook

Chairman David Turner flags resurgence in business confidence at AGM.

Commonwealth Bank of Australia (CBA) is optimistic of the yeah ahead and hopes the early signs of a revival in business confidence continue to be built upon, the lender's annual general meeting has heard.

CBA chairman David Turner told shareholders in Adelaide the lender was looking forward to similar trading conditions to the previous year, in which it posted a cash net profit after tax was $7.8 billion.

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