Commonwealth Bank of Australia (CBA) - Research

$82.090 0.71 (0.87%)

CBA General Information +

ASX Code CBA
Website http://www.commbank.com.au
GICS Sub-Industry Diversified Banks
Market Cap ($M) 145,318
Current Price $82.090
Day High $82.270
Day Low $81.370
Last Close $81.380
Price Movement $0.71 ( 0.87% )
Prices as at 16:40, 19 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Commonwealth Bank of Australia (CBA)
BUY
below
HOLD
up to
SELL
above
Current Price
$82.090 as at 16:40, 19 Jul 2019

Price at review
$82.090 on 21 May 19

Max Portfolio Weighting

Business Risk

Share Price Risk

CBA Related Research

CBA Company Overview

Business Description

Commonwealth Bank of Australia (CBA) is Australia's leading providers of integrated financial services, providing retail, business and institutional banking, funds management, superannuation, life insurance, general insurance, broking services and finance company activities. Their operations are conducted primarily in Australia and New Zealand. In addition, they also operate in a number of other countries, including the United Kingdom, the United States, China, Japan, Singapore, Hong Kong, Indonesia and South Africa.

CBA Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 9,619.60 532.35 6.70% 15.42 431.00 5.25% 100.0%
2019 F 8,804.58 498.78 -12.30% 16.46 431.00 5.25% 100.0%
2018 A 9,933.00 568.57 -1.10% 13.52 431.00 5.61% 100.0%

CBA Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
ANZ Bank (ANZ) $76,874M 0.3455 -0.1020 0.0053 10.3192 11.4910 11.4305 5.90% 5.94% 6.22%
Commonwealth Bank (CBA) $144,062M 0.0218 -0.1589 0.0690 14.3126 17.0173 15.9191 5.30% 5.30% 5.30%
CYBG Plc (CYB) $3,101M 0.4434 -0.4290 0.1572 5.3974 9.4525 8.1685 0.00% 3.08% 4.38%
National Aust. Bank (NAB) $77,611M -0.0292 -0.1050 0.0852 11.5880 12.9473 11.9305 7.36% 6.16% 6.24%
Westpac (WBC) $96,252M -0.0045 -0.1121 0.1000 11.8746 13.3734 12.1573 6.82% 6.82% 6.82%

CBA Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.81 17.20 2.14 0.00
Market 0.94 17.10 1.54 1.41
Sector 0.77 13.10 1.30 1.77

CBA Directors

Name Position Start Date
Mr Matthew Peter Comyn Chief Executive Officer, Executive Director 9 Apr 2018
Sir David H Higgins Non-Executive Director 1 Sep 2014
Mr Paul Francis O'Malley Non-Executive Director 1 Jan 2019
Ms Anne Louise Templeman-Jones Non-Executive Director 5 Mar 2018
Mr Shirish Apte Non-Executive Director 10 Jun 2014
Ms Wendy Margaret Stops Non-Executive Director 9 Mar 2015
Ms Mary Louise Padbury Non-Executive Director 14 Jun 2016
Mr Robert Whitfield Non-Executive Director 4 Sep 2017
Professor Genevieve Bell Non-Executive Director 1 Jan 2019
Ms Catherine Brighid Livingstone Non-Executive Director, Non-Executive Chairman 1 Mar 2016

CBA Management

Name Position
Paul Newham Acting Group Executive, Enterprise Services and Chief Information Officer
Alan Docherty Acting Group Executive, Financial Services and Chief Financial Officer
George Confos Acting Group Executive, Institutional Banking and Markets
Angus Sullivan Acting Group Executive, Retail Banking Services
Vittoria Shortt Chief Executive and Managing Director, ASB
Michael Venter Chief Operating Officer, Wealth Management
Kara Lyn Nicholls Company Secretary
Kristy Huxtable Company Secretary
David Cohen Group Chief Risk Officer
Adam Bennett Group Executive, Business and Private Banking
Melanie Laing Group Executive, Human Resources
Coenraad (Coen) Jonker Group Executive, International Financial Services
Anna Lenahan Group General Counsel and Group Executive, Group Corporate Affairs

CBA Substantial Shareholders

Holding Name
86,557,665 (5%) BlackRock Group

CBA Calendar of Events

Date Event
26 March 2020 Report (Interim)
05 February 2020 Report (Interim)
07 August 2019 Report (Annual)
07 August 2019 Report (Prelim)

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