|Bid||100.00 x 36400|
|Ask||98.00 x 7100|
|Day's range||98.20 - 99.18|
|52-week range||62.64 - 106.57|
|Beta (5Y monthly)||0.68|
|PE ratio (TTM)||21.92|
|Earnings date||11 Aug 2021|
|Forward dividend & yield||2.48 (2.50%)|
|Ex-dividend date||16 Feb 2021|
|1y target est||73.17|
The Commonwealth Bank is offloading its general insurance business to the Hollard Group, which will be invited to spruik home and vehicle insurance to CBA customers.Hollard will pay $625 million for CommInsure General Insurance, and through a 15-year partnership, gain access to widely-used bank channels such as the CommBank app to try and sell products.
(Bloomberg) -- A plethora of websites operated by financial institutions, governments and airlines including Hong Kong Exchanges & Clearing Ltd. and Australia’s central bank went down briefly Thursday in the second global internet outage in as many weeks.Some of the outages, including those that affected Commonwealth Bank of Australia, Westpac Banking Corp. and Australia & New Zealand Banking Group Ltd., were linked to a failure at Akamai Technologies Inc., which helps clients manage web service
The Commonwealth Bank has bought stakes in an online shopping group and power retailer as it tries to keep pace with innovative online rivals.The nation's biggest bank has invested $30 million in shopping site Little Birdie and $20 million in power provider Amber, gaining stakes of 23 per cent and 25 per cent respectively.