|Bid||73.60 x 0|
|Ask||73.62 x 0|
|Day's range||73.34 - 74.44|
|52-week range||67.22 - 82.66|
|PE ratio (TTM)||13.25|
|Forward dividend & yield||4.30 (5.68%)|
|1y target est||75.24|
Shares in Commonwealth Bank dropped on Wednesday as the stock went ex-dividend and after the bank’s executives faced scrutiny for allegedly breaking rules on access to low-cost retirement funds in the latest revelation to come from Australia’s financial sector inquiry. CBA shares fell as much as 3.7 per cent in morning trade in Sydney to A$73.02, and were tracking for their biggest one-day decline since last August. The shares were trading ex-dividend on Wednesday, ahead of a final dividend of A$2.31 per share (fully franked) to be paid to shareholders on September 28.
Commonwealth Bank of Australia (ASX:CBA) shares go ex-dividend this morning. Here's where I would reinvest this dividend...
Attention dividend hunters! Commonwealth Bank of Australia (ASX:CBA) will be distributing its dividend of AU$2.31 per share on the 28 September 2018, and will start trading ex-dividend in 2 daysRead More...
The Suncorp Group Ltd (ASX:SUN) share price rose 6% to $15.94 today after releasing its annual results.
Commonwealth Bank of Australia’s record-profit run is over after the nation’s biggest lender paid the price for a series of scandals and missteps. Bloomberg's Emily Cadman reports on "Bloomberg Daybreak: ...
David Ellis, banking analyst at Morningstar, talks about Commonwealth Bank of Australia’s financial results. He speaks with Haidi Stroud-Watts and Ramy Inocencio on "Bloomberg Daybreak: Australia." ...
Commonwealth Bank of Australia reported a larger than expected drop in cash profit for the 2018 financial year as one-off expenses, including a record civil settlement with the country’s financial crime agency, dragged on the preferred measure of bank performance. ($519.7m), paid to settle claims by Austrac that it broke anti-money laundering and counter-terrorism laws, helped pull annual cash profit at CBA down 4.8 per cent year on year to A$9.23bn. On top of the record settlement, other one-off expenses included additional regulatory costs of A$155m.
Commonwealth Bank of Australia is expected to report its first drop in annual profit in nine years as higher funding costs and increased competition crimp revenue, and the nation’s largest lender deals ...
Commonwealth Bank of Australia (ASX:CBA) releases its results on Wednesday. Here's what to expect...
The Commonwealth Bank of Australia (ASX:CBA) share price has sunk lower today. Here's what you need to know...
Commonwealth Bank of Australia (ASX:CBA), Rio Tinto Limited (ASX:RIO), and WiseTech Global Ltd (ASX:WTC) shares will be on watch on Wednesday. Here's why...
Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain.The ExperimentOriginating in Sunraysia, the shipment made its way to Western Europe in a pioneering experiment that combined a private blockchain, smart contracts and a geotracking Internet of Things (IoT) framework to facilitate end-to-end movement of the almonds. Using the joint solution, the entire process was seamlessly tracked and verified remotely from the point of origin to delivery in real time.Taking part in the procedure alongside the CBA were Pacific National, Olam Richards Australia Pty Ltd, OOCL Limited, Patrick Terminals and LX Group. The primary purpose of the experiment was to establish a reliable framework for digitization of the three pillars of international commerce, namely documentation, operations/logistics and finance. This was done using a custom blockchain which hosted all information regarding container location, task completion status and shipping documents.Using the information provided by four IoT devices inside the container, transaction partners could track cargo location in real time and view real-time cargo data, such as temperature and humidity. The information was accessed through the blockchain platform, making it impervious to manipulation. CBA Managing Director of Industrials and Logistics in Client Coverage Chris Scougall said: “Our blockchain-enabled global trade platform experiment brought to life the idea of a modern global supply chain that is agile, efficient and transparent. We believe that blockchain can help our partners reduce the burden of administration on their businesses and enable them to deliver best-in-class services to their customers.”In 2016, the CBA and Wells Fargo conducted the world’s first interbank open account transaction combining the application of blockchain technology, smart contracts and IoT connectivity. The transaction, which took place in partnership with Brighann Cotton involved a cotton shipment from Texas, USA, to Qingdao, China, using a private blockchain and smart contracts enabled with IoT geolocation technology.Implementing this framework on a larger scale in the future means that international transactions can be carried out with a high level of transparency, with all parties constantly aware of the location, authentication and condition of goods in transit.In addition to the tracking of goods and added efficiency, the blockchain-enabled supply chain also enables transaction parties to upload and access key documents required by port authorities such as the bill of lading and certificates of origin.The CBA’s experimental blockchain platform is being built on the Ethereum protocol because of its popularity and customizable functionality. When fully set up, it will take the form of a private blockchain made up of a closed network of trusted entities. This article originally appeared on Bitcoin Magazine.