Bank profit reporting season 2012 –Figures

The big four banks commonwealth bank, Westpac, ANZ and NAB have got a collective annual profit of $22.8 billion

Last year the combined net profit for all four banks were $24 billion, so there was slight drop in profit  this year.

2012 bank profits Australia

Westpac – Full year net profit  $5.97 billion

Commonwealth bank – $7.09 billion net profit

NAB – Full year net profit $4.08 billion

ANZ – $5.66 billion profit