Nov 11 (Reuters) - Commonwealth Bank of Australia (CBA) CBA.AX said on Wednesday its first-quarter cash net profit after tax fell 16% as record-low interest rates squeezed margins at the country's biggest bank.
Cash profit, which excludes one-offs and non-cash accounting items, fell to A$1.80 billion ($1.31 billion) in the three months ended Sept. 30, CBA said. ($1 = 1.3740 Australian dollars)