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AustraliaGÇÖs CBA H1 profit from continued operations dips 2 pct

Feb 7 (Reuters) - Commonwealth Bank of Australia, the countrys biggest mortgage lender, posted a decline in first-half cash-profit from continued operations on Wednesday, hurt by regulatory and compliance costs.

The banks profit for the six months ended Dec. 31 slipped 2 percent to A$4.74 billion ($3.74 billion).

The banks net interest margin, the difference between interest costs and interest earned and a key gauge of profitability, rose 6 basis points to 2.16 percent during the period.

($1 = 1.2682 Australian dollars) (Reporting by Shashwat Pradhan in Bengaluru; Editing by Stephen Coates and Adrian Croft)