CBA flags one-off items ahead of half-year results

The Commonwealth Bank of Australia (ASX:CBA) issued a pre-reporting update detailing several non-recurring items and structural re-segmentations that will impact its financial results for the half-year ended Dec. 31, 2025.

Ahead of its official results release on Feb. 11, the bank confirmed it has recognised a $68 million pre-tax provision within operating expenses.

The charge relates to additional goodwill payments for customers following the Australian Securities and Investments Commission’s "Better Banking" review.

Offsetting these expenses, CBA recorded $53 million in pre-tax non-recurring income.

The gain was driven by a milestone payment from the sale of Commonwealth Insurance and a fair value gain on the bank's investment in Gemini, following the AI firm’s recent initial public offering.

In addition to these financial items, CBA is implementing a customer re-segmentation strategy.

This involves the reclassification and transfer of portfolios between retail banking services, business banking, and institutional banking and markets.

While the bank noted the changes will not impact the group's bottom-line cash net profit after tax, they will necessitate the restatement of divisional income statements and balance sheets for the H1 FY26 comparative period.