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

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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

$127.10

05 Jul
2024

-0.760

OPEN

$127.58

-0.59%

HIGH

$127.85

731,856

LOW

$126.65

TARGET
$93.982 -26.1% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABA . AFG . ANZ . BEN . BOQ . HLI . MYS . NAB . RMC . SUN . VUK . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
CBA: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 603.9 586.4 xxx
DPS (cps) xxx 450.0 457.0 xxx
EPS Growth xxx - 3.5% - 2.9% xxx
DPS Growth xxx 16.9% 1.6% xxx
PE Ratio xxx N/A 21.7 xxx
Dividend Yield xxx N/A 3.6% xxx
Div Pay Ratio(%) xxx 74.5% 77.9% xxx

Dividend yield today if purchased 3 years ago: 4.51%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.54

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: 21/02 - ex-div 215c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx603.9
DPS All xxxxxxxxxxxxxxx450.0
Sales/Revenue xxxxxxxxxxxxxxx49,096.0 M
Book Value Per Share xxxxxxxxxxxxxxx4,299.7
Net Operating Cash Flow xxxxxxxxxxxxxxx8,347.0 M
Net Profit Margin xxxxxxxxxxxxxxx20.75 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx14.07 %
Return on Invested Capital xxxxxxxxxxxxxxx4.63 %
Return on Assets xxxxxxxxxxxxxxx0.83 %
Return on Equity xxxxxxxxxxxxxxx14.07 %
Return on Total Capital xxxxxxxxxxxxxxx4.82 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx547.0 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx109,521 M
Long Term Debt xxxxxxxxxxxxxxx158,034 M
Total Debt xxxxxxxxxxxxxxx267,555 M
Goodwill - Gross xxxxxxxxxxxxxxx5,295 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx107,172 M
Price To Book Value xxxxxxxxxxxxxxx2.33

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1,568.0 M
Capex % of Sales xxxxxxxxxxxxxxx3.19 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4,081 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx187,123 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

-0.8

No. Of Recommendations

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

UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Macquarie

17/05/2024

5

Underperform

$95.00

-25.26%

Macquarie assesses the 1H24 results for Australian banks with a modest -1% to -4%decline in pre-provision profits.

Disappointing consumer trends were offset by business segments and better outlook in institutional banking. 

Credit quality slightly deteriorated, but impairment charges are still at cyclically low levels, suggesting an optimistic consensus view on de-risking, according to the analyst.

Banks share prices rose 30-40% since mid-2023, but ongoing pressure from cost growth and potential increases in impairment charges could challenge future profitability and dividend sustainability, in the broker's view.

Underperform and $95 target retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 460.00 cents and EPS of 588.00 cents.
Macquarie forecasts a full year FY25 dividend of 460.00 cents and EPS of 556.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgans

xx/xx/xxxx

5

xxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

CBA STOCK CHART

FNArena News on CBA

1
Rudi’s View: Met Coal, Banks, GenAi & Buying-The-Dip

Jul 04 2024 - Rudi's View
2
June In Review: FY24 Another Double Digit Return

Jul 03 2024 - Australia
3
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View
4
Australian Broker Call *Extra* Edition – Jun 24, 2024

Jun 24 2024 - Daily Market Reports
5
Weekly Ratings, Targets, Forecast Changes – 21-06-24

Jun 24 2024 - Weekly Reports

Latest Banks News

1
June In Review: FY24 Another Double Digit Return

Jul 03 2024 - Australia
2
In Brief: Gas, Gold, Groceries & Aussie Banks

Jun 07 2024 - Weekly Reports
3
Better Value In Smaller Banks?

Jun 03 2024 - Small Caps
4
Australian Banks Post First Half Results: Sugar Hit

May 23 2024 - Feature Stories
5
Rudi’s View: ANZ, AUB, Beach Energy, CSL, Flight Centre & Newmont

May 16 2024 - Rudi's View
6
April In Review: The Bond Market Roared

May 06 2024 - Australia
7
ESG Focus: Governance, Supply Chains, Risks

Apr 29 2024 - ESG Focus
8
Bank of Queensland: Beautiful One Day

Apr 18 2024 - Australia
9
Rudi’s View: Investor Worries, Gold, Westpac, and Conviction Buys

Apr 03 2024 - Rudi's View
10
Are Australian Banks Overpriced?

Mar 14 2024 - Australia