CBA.AX - Commonwealth Bank of Australia
| Previous close | 69.59 |
| Open | 69.37 |
| Bid | 69.79 x 0 |
| Ask | 70.00 x 0 |
| Day's range | 69.20 - 70.13 |
| 52-week range | 69.11 - 85.12 |
| Volume | 3,450,605 |
| Avg. volume | 2,861,215 |
| Market cap | 122.762B |
| Beta | 1.15 |
| PE ratio (TTM) | 12.58 |
| EPS (TTM) | 5.55 |
| Earnings date | 8 Aug. 2018 |
| Forward dividend & yield | 6.14 (8.50%) |
| Ex-dividend date | 2018-02-14 |
| 1y target est | 76.36 |
- Motley Fool•3 days ago
Is the Commonwealth Bank of Australia (ASX:CBA) share price a buy?
The Commonwealth Bank of Australia (ASX:CBA) share price has been dropping recently.
- Financial Times•3 days ago
[$$] Commonwealth Bank sells stake in Chinese insurer to Mitsui Sumitomo
Commonwealth Bank of Australia will sell its 37.5 per cent stake in a Chinese life insurer to Japan’s Mitsui Sumitomo Insurance for Rmb3.2bn ($502.3m), the bank said on Wednesday. “This transaction represents a further step in simplifying and focusing our portfolio and follows the announcement of the proposed sale of the Group’s life insurance businesses in Australia and New Zealand to AIA Group, and the strategic review of the Group’s life insurance business in Indonesia,” said CBA chief executive Matt Comyn. of its Australian and New Zealand life insurance businesses to AIA Group, which was announced in September.
Yahoo7 News•6 days agoCommonwealth Bank apologises after Dollarmites scandal
Thousands of Dollarmite accounts were manipulated by Commonwealth Bank staff, as they sought to earn bonuses and meet performance targets.
- Financial Times•13 days ago
[$$] Commonwealth Bank of Australia’s CFO resigns
Commonwealth Bank on Monday announced Rob Jesudason, its chief financial officer, was resigning with immediate effect, the latest departure for Australia’s largest bank by assets as it deals with fallout from a string of regulatory scandals. CBA said in a statement it had appointed Alan Docherty, previously chief financial officer for institutional banking and markets, as acting chief financial officer to replace Mr Jesudason, who it said had “decided to pursue an external role in Hong Kong”.
- Motley Fool•17 days ago
Commonwealth Bank of Australia reports a disappointing quarter profit
Commonwealth Bank of Australia (ASX:CBA) has reported a fall in profit.
- Motley Fool•22 days ago
AMP Limited appoints ex-CBA CEO David Murray as its new Chairman
AMP Limited (ASX:AMP) has appointed David Murray as its new Chairman.
- Bloomberg•25 days ago
The Regulator’s Most Damning Quotes About Australia’s Biggest Bank
A damning report into Commonwealth Bank of Australia’s management, oversight and accountability was released Tuesday by the Australian Prudential Regulation Authority. “Senior leadership was slow to recognize, and address, emerging threats to CBA’s reputation. “CBA became insular.
- Motley Fool•29 days ago
Why I’d Recommend Investing Only in Stocks
Property investing can be painful and involve a lot of fees, interest payments and stamp duty.
AAP•last monthCBA charged dead clients fees for advice
Some Commonwealth Bank of Australia financial advisers continued charging clients fees after they died, in one case for more than a decade, a royal commission has heard. "When asked, he said he didn't know what to do and he had tried to contact the public trustee and had not heard back," a Count Financial document said. The document put before the banking royal commission on Thursday noted one adviser was not providing ongoing services to clients, including charging a dead client for six years.
- AAP•last month
Dead CBA clients charged advice fees
Some Commonwealth Bank financial advisers kept charging clients fees after they died, in one case for more than a decade, a royal commission has heard. "When asked he said he didn't know what to do and he had tried to contact the public trustee and had not heard back," a Count Financial document noted. The 2015 investigation revealed other examples of dead clients among broader cases of Count Financial planners charging fees for advice services customers never received.
AAP•last monthMore fees for no service questions for CBA
The Commonwealth Bank faces further scrutiny after being dubbed the "gold medallist" of the 'fees for no advice' problems across Australia's biggest financial players. The issue of customers being charged fees for financial advice they never received has dominated the first three days of the banking royal commission's current hearings, with both CBA and AMP feeling the heat. The four major banks and Australia's largest wealth manager AMP have all done it, but CBA admits it would get the gold medal if the regulator handed out "fees for no service" medals.
AAP•last monthCBA wins fees for no service 'gold medal'
The Commonwealth Bank is the "gold medallist" when it comes to charging customers fees for financial advice they never received. All four big banks and Australia's largest wealth manager AMP have all done it, but CBA admits it would get the dubious top prize if the regulator handed out "fees for no service" medals. "It would be the gold medallist if ASIC was handing out medals for fees for no service, wouldn't it?" the barrister asked on Wednesday.
- Motley Fool•last month
Commonwealth Bank of Australia shares are falling on a Royal Commission roasting
Commonwealth Bank of Australia (ASX:CBA) shares are falling as its financial planning operations are under pressure.
- Motley Fool•last month
What to watch on the ASX on Tuesday
The Bank of Queensland Limited (ASX:BOQ) share price and the Oil Search Limited (ASX:OSH) share price will be on watch on Tuesday…
AAP•last monthBank royal commission probes dodgy advice
Dodgy financial advice provided by the big banks and wealth planners to consumers will be scrutinised in detail when the banking royal commission returns. The second round of the commission's public hearings is due to begin on Monday, with the focus on how banks and financial planners treat customers wanting financial advice and whether the investment information they have handed out breached any laws or community standards. Commissioner Kenneth Hayne QC will hear evidence about consumers being charged fees for no service and receiving inappropriate advice, as well as details about improper conduct by financial advisors.
- Bloomberg•2 months ago
Abe's School Scandal Won't Be Key Driver of Yen Volatility
Elias Haddad, Commonwealth Bank of Australia Senior Currency Strategist, discusses the currency markets. He speaks with Yvonne Man on "Bloomberg Daybreak Asia." (Source: Bloomberg)
Bloomberg•4 months agoCommonwealth Bank Laundering Scandal Ends Run of Record Profits
Commonwealth Bank of Australia’s money-laundering scandal and a litany of regulatory woes have put an end to its run of record profits.
- Bloomberg•4 months ago
Commonwealth Bank Sued for Alleged Rate Rigging by Regulator
Commonwealth Bank of Australia is being sued by the nation’s securities regulator for allegedly rigging the benchmark bank-bill swap rate, adding to legal problems for the nation’s largest lender.
- Bloomberg•4 months ago
A Fox for Commonwealth Bank's Henhouse
In appointing Matt Comyn, the Australian lender is betting it can grow past its scandals without deep-rooted change.
- Bloomberg•4 months ago
Australia’s Biggest Bank Names Matt Comyn as CEO, Replacing Ian Narev
Matt Comyn has just taken on one of the most difficult jobs in corporate Australia.
