Commonwealth Bank of Australia (ASX: CBA)
Australia
· Delayed Price · Currency is AUD | Market Cap | 202.43B |
| Revenue (ttm) | 58.80B |
| Net Income (ttm) | 9.74B |
| Shares Out | 1.67B |
| EPS (ttm) | 5.46 |
| PE Ratio | 21.01 |
| Forward PE | 18.62 |
| Dividend | 4.55 (3.76%) |
| Ex-Dividend Date | Feb 21, 2024 |
| Volume | 3,735,530 |
| Open | 121.50 |
| Previous Close | 122.26 |
| Day's Range | 120.34 - 121.79 |
| 52-Week Range | 95.32 - 122.55 |
| Beta | 0.91 |
| Analysts | n/a |
| Price Target | 93.43 (-22.81%) |
| Earnings Date | Aug 7, 2024 |
About CBA
Commonwealth Bank of Australia provides financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans. It also provides retail, premium, business, offshore, and instit... [Read more]
Financial Performance
In 2023, CBA's revenue was 49.10 billion, an increase of 68.13% compared to the previous year's 29.20 billion. Earnings were 10.09 billion, a decrease of -6.32%.
Financial StatementsNews
Banks blocking thousands of abusive messages sent in transfer descriptions in apps
Commonwealth Bank blocks 400,000 bank transactions with abusive intentions each year.
Federal Court rejects two CBA class actions
The Federal Court shut down two class actions against Commonwealth Bank of Australia (CBA) relating to anti-money laundering and counter-terrorism financing (AML/CTF).
CBA has cut its forecasts for the Australian dollar - central banks key
Commonwealth Bank of Australia forecast for AUD/USD at the end of 2024 is 0.69, down from 0.71 previously. March 2025 forecast is 0.71, from 0.73 previously. CBA cite the interest rate gap, high U.S. ...
CBA Reports Lower Profit as Margins Weaken
Commonwealth Bank of Australia posted a fall in third-quarter profit, reporting slightly lower margins as competition remains in the country’s retail banking sector.
ForexLive Asia-Pacific FX news wrap: USD/JPY back above 155.00
Federal Reserve speakers on Wednesday include Collins, Cook, and Jefferson Chinese state media is reporting the PBOC is likely to cut its RRR in Q2 2024 Bank of Japan Governor Ueda will speak again la...
The RBA May meeting left the cash rate on hold: What'll make the bank raise rates further
The Reserve Bank of Australia left its cash rate unchanged at the meeting yesterday, as was widely, nearly unanimously, expected. ICYMI: ForexLive European FX news wrap: Aussie dips slightly as RBA ke...
RBA response from Commonwealth Bank of Australia - Interest rate cut coming in November
The Reserve Bank of Australia left its cash rate unchanged at the meeting yesterday, as was widely, nearly unanimously, expected. ICYMI: ForexLive European FX news wrap: Aussie dips slightly as RBA ke...
RBA decision due Tuesday, 7 May 2024 at 2.30 pm Sydney time - hawkish hold?
The Reserve Bank of Australia statement is due at 0430 GMT, 0030 US Eastern time. Earlier previews: RBA meeting - preview - Cash rate to remain unchanged Central banks are still on the agenda this wee...
CBA beats government to start-up opportunity from data breach scandals
Commonwealth Bank has a new app launching on Tuesday to warn citizens when their identity documents are in the wrong hands.
CommBank to refinance PE-backed logistics giant; Daimler, IFM in debt
The new loan comes four years after Allegro Funds, led by dealmaker Adrian Loader, paid less than $10 million to acquire Team Global Express.
Commonwealth Bank of Australia: Consider Potential De-Rating Catalysts And Peer Comparison
Commonwealth Bank of Australia's (CBAUF) valuation premium over peers is substantial. Read why I remain bearish on the stock.
Yes campaign groups received more than five times as much in donations as no side in voice referendum
The single largest donor to the yes campaign was the philanthropic Paul Ramsay foundation, which contributed more than $7m Follow our Australia news live blog for latest updates Get our morning and af...
Why Comyn went ‘off script’ and called for a major tax shake-up
The Commonwealth Bank chief spoke out for income tax cuts and a higher GST in what he described as “heart in your mouth sort of stuff” for his advisors.
Australian inflation data due today is likely to show a solid rise
Australian February monthly CPI data is due today. A couple of snippet previews: Westpac is forecasting 3.8% y/y: The Monthly CPI Indicator is anticipated to rise in February, reflecting increased gas...
It's a close call, but not everyone expects the Bank of Japan to tighten policy today
Commonwealth Bank of Australia: A likely strong initial result from the shunto wage negotiations will open the door for the Bank of Japan to remove its Negative Interest Rate Policy (NIRP) and Yield C...
Interest rate rise unlikely after sluggish quarter of GDP growth, economists say
Spending on Taylor Swift concerts defies pattern of Australian consumers tightening their belts, with CBA predicting a September rate cut Get our morning and afternoon news emails , free app or daily ...
What's buoying you about the Australian economy?
Nine's Peter Costello, Woodside's Meg O'Neill, CommBank's Matt Comyn, GrainCorp's Robert Spurway, AustralianSuper's Paul Schroder and AmCham's April Palmerlee.
Why CBA’s Comyn wants a fight with big tech
Commonwealth Bank boss Matt Comyn is defending the contribution of large Australian companies and criticising the lack of scrutiny of the big tech giants.
CBA needs growth to justify $119 price tag, says Fidelity
Fund manager Casey McLean believes Commonwealth Bank deserves to trade at a premium to its rivals and names a biotech stock flying under the radar.
CBA to close Bankwest branch network in all-digital push
Commonwealth Bank will shut 45 Bankwest branches and convert another 15 to the mainstream CBA brand.
Australian GDP data due today, previewing likely subdued growth
Due from Australia at 11.30am Sydney time (0030 GMT, 1930 US Eastern time), Q4 2023 GDP: Snippets from Commonwealth Bank of Australia, is looking for +0.2% q/q: This would take the annual rate of grow...
20 Biggest Financial and Banking Companies in Australia, 2024
Commonwealth Bank led the Financial and Banking Companies listed on the Australian Securities Exchange as of March 2024, with a market capitalization of over 197.81 billion Australian dollars. Meanwhi...
CBA shares: Commonwealth Bank hits fresh record high as analysts question lending growth
Citi analyst Brendan Sproules said the bank was “underperforming its peers on growth metrics” in home and business lending.
Big gender pay gaps revealed, Coalition pulls ahead in poll, police told to sit out Mardi Gras
Want to get this in your inbox every weekday? Sign up for the Morning Mail here , and finish your day with our Afternoon Update newsletter Morning everyone. Data released today reveals big gender pay ...
Australia politics live: Scott Morrison to give final speech to parliament; trust in Albanese falls
The former prime minister will bow out of politics today. Follow the day’s news live Get our morning and afternoon news emails , free app or daily news podcast Good morning and welcome to our rolling ...