COMMONWEALTH BANK OF AUSTRALIA (CBA)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CBA - COMMONWEALTH BANK OF AUSTRALIA

FNArena Sector : Banks
Year End: June
GICS Industry Group : Banks
Debt/EBITDA: N/A
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Commonwealth Bank is Australia's largest retail bank with a market cap of over $122bn. It provides a range of financial services, including retail, business and institutional banking, plus broking facilities through CommSec. CBA was first listed in September 1991.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$156.38

20 Nov
2024

0.770

OPEN

$155.61

0.49%

HIGH

$156.89

1,605,129

LOW

$155.14

TARGET
$102.075 -34.7% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABA . AFG . ANZ . BEN . BOQ . HLI . MYS . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
CBA: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 567.4 600.7 xxx
DPS (cps) xxx 465.0 472.5 xxx
EPS Growth xxx - 6.1% 5.9% xxx
DPS Growth xxx 3.3% 1.6% xxx
PE Ratio xxx N/A 26.0 xxx
Dividend Yield xxx N/A 3.0% xxx
Div Pay Ratio(%) xxx 82.0% 78.7% xxx

Dividend yield today if purchased 3 years ago: 4.85%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.98

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 21/08 - ex-div 250c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx567.4
DPS All xxxxxxxxxxxxxxx465.0
Sales/Revenue xxxxxxxxxxxxxxx65,724.0 M
Book Value Per Share xxxxxxxxxxxxxxx4,371.1
Net Operating Cash Flow xxxxxxxxxxxxxxx8,914.0 M
Net Profit Margin xxxxxxxxxxxxxxx14.43 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx13.07 %
Return on Invested Capital xxxxxxxxxxxxxxx4.10 %
Return on Assets xxxxxxxxxxxxxxx0.76 %
Return on Equity xxxxxxxxxxxxxxx13.07 %
Return on Total Capital xxxxxxxxxxxxxxx4.23 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx890.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx89,686 M
Long Term Debt xxxxxxxxxxxxxxx159,661 M
Total Debt xxxxxxxxxxxxxxx249,347 M
Goodwill - Gross xxxxxxxxxxxxxxx5,285 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx47,321 M
Price To Book Value xxxxxxxxxxxxxxx2.91

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx1,322.0 M
Capex % of Sales xxxxxxxxxxxxxxx2.01 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx3,938 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx230,863 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-1.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

5

xxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

14/11/2024

5

Underperform

$97.00

-37.97%

Macquarie observes CommBank reported a "solid" 1Q25 trading update. The broker notes pre-provision earnings were better than expected, up circa 5% quarter-on-quarter due to strong volume growth and stable margins.

The bank reported mortgage growth of around 1.3 times the system and increased its share (ex-Bankwest) to 66%, with channel checks suggesting to the broker competition is rising again.

The broker assesses new mortgage loans are being written above cost but below historical levels. Lower cash rates are expected to impact the bank's margin, with the first cut anticipated in May 2025. The analyst estimates a decline in margins of around -1bps in FY25 and -7bps in FY26.

Macquarie lifts EPS forecasts by 1% to 2% for FY25 to FY27.

The Underperform rating remains with a lift in the target price to $97 from $95. 1H25 results are due Feb 12, 2025.

FORECAST
Macquarie forecasts a full year FY25 dividend of 470.00 cents and EPS of 589.00 cents.
Macquarie forecasts a full year FY26 dividend of 472.00 cents and EPS of 579.00 cents.

Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

4

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Goldman Sachs

16/10/2024

-1

No Rating

-

As a result of analyst Andrew Lyons leaving the employ of Goldman Sachs, the broker is suspending research coverage of CommBank.

The former rating, target, and forecasts no longer apply.
Access Extra Coverage Research History >

CBA STOCK CHART

FNArena News on CBA

1
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View
2
Australian Broker Call *Extra* Edition – Nov 18, 2024

Nov 18 2024 - Daily Market Reports
3
Next Week At A Glance -18-22 Nov 2024

Nov 15 2024 - Weekly Reports
4
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
5
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View

Latest Banks News

1
ANZ Bank Shares Look Poised

Oct 29 2024 - Technicals
2
Australian Banks: When The End Of The Trend?

Oct 07 2024 - Feature Stories
3
CBA Shares Find Technical Support

Oct 01 2024 - Technicals
4
June In Review: FY24 Another Double Digit Return

Jul 03 2024 - Australia
5
In Brief: Gas, Gold, Groceries & Aussie Banks

Jun 07 2024 - Weekly Reports
6
Better Value In Smaller Banks?

Jun 03 2024 - Small Caps
7
Australian Banks Post First Half Results: Sugar Hit

May 23 2024 - Feature Stories
8
Rudi’s View: ANZ, AUB, Beach Energy, CSL, Flight Centre & Newmont

May 16 2024 - Rudi's View
9
April In Review: The Bond Market Roared

May 06 2024 - Australia
10
ESG Focus: Governance, Supply Chains, Risks

Apr 29 2024 - ESG Focus