Commonwealth Bank of Australia

Commonwealth Bank of Australia engages in the provision of banking and financial services. It operates through the following segments: Retail Banking Services, Business Banking, Institutional Banking and Markets, New Zealand, Corporate Centre and Other, and Wealth Management. The Retail Banking Services segment provides home loan, consumer finance, and retail deposit products and servicing to all retail bank customers and non-relationship managed small business customers. The Business Banking segment offers specialized banking services to relationship managed business and Agribusiness customers, private banking to high-net-worth individuals, and margin lending and trading through CommSec. The Institutional Banking and Markets segment serves the firm's major corporate, institutional, and government clients using a relationship management model based on industry expertise and insights. The New Zealand segment comprises of banking, funds management, and insurance businesses operating in New Zealand. The Corporate Centre and Other segments include support functions such as investor relations, group marketing and strategy, group governance, and group treasury. The Wealth Management segment includes the global asset management, platform administration, and financial advice and life and general insurance businesses of the Australian operations. The company was founded in 1911 and is headquartered in Sydney, Australia.

National Australia Bank Ltd

The country's four major lenders reported a decline in their net profits for the fiscal year ended Sept. 30. Australian banks have faced higher operating costs and tougher competition in the mortgage market.

Australian Banks Rely On Capital To Offset Margin Pressures, Profit Declines

Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Commonwealth Bank of Australia 2024" report has been added to ResearchAndMarkets.com's offering. The report provides information and insights into CBA's tech activities, including:

Commonwealth Bank of Australia Digital Transformation Strategy 2024 - Accelerators, Incubators and Innovation Programs

Commonwealth Bank of Australia (OTCPK:CBAUF) Q4 2024 Earnings Conference Call August 13, 2024 8:30 PM ET Company Participants Melanie Kirk - Head, IR Matt Comyn - CEO & Managing Director Alan Docherty - CFO Conference Call Participants Andrew Triggs - JPMorgan Securities Australia Ltd. Andrew Lyons - Goldman Sachs Australia Pty Ltd Jonathan Mott - Barrenjoey Pty Ltd.

Commonwealth Bank of Australia (CBAUF) Q4 2024 Earnings Call Transcript

Banco Santander-Chile

Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Santander-Chile (BSAC) or Commonwealth Bank of Australia Sponsored ADR (CMWAY). But which of these two stocks offers value investors a better bang for their buck right now?

BSAC or CMWAY: Which Is the Better Value Stock Right Now?

Commonwealth Bank of Australia (CMWAY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Commonwealth Bank of Australia (CMWAY) Upgraded to Strong Buy: Here's What You Should Know

Here is how Commonwealth Bank of Australia Sponsored ADR (CMWAY) and Palomar (PLMR) have performed compared to their sector so far this year.

Is Commonwealth Bank of Australia (CMWAY) Stock Outpacing Its Finance Peers This Year?

JPMorgan Chase & Co

JPMorgan will test an anti-scam and mistaken payment technology created by Australia's largest retail lender to make international transactions more secure.

Australian Bank Teams Up With JPMorgan on Anti-Scam Payment Security Tech

Commonwealth Bank of Australia (CBAUF) Q2 2024 Earnings Call Transcript

CEO Matt Comyn said the bank expects an “uptick in our arrears and impairments.”

CBA's First-Half Profit Falls 8%; Raises Dividend

Westpac Banking Corp Sponsored

Australian bank stocks retreated slightly on Tuesday after the Reserve Bank of Australia (RBA) delivered its first monetary policy decision of the year. Commonwealth Bank shares retreated by 1% to $114.37 while Westpac and NAB fell to $24.15 and $32.2, respectively.

CBA, ANZ, Westpac, and NAB shares react to the RBA decision

The deal is the first acquisition by OCBC since Helen Wong took over as group CEO in 2021, becoming the first woman to lead the Singapore-based bank.

Singapore's OCBC Acquires Commonwealth Bank Of Australia's Indonesian Unit For $142 Million

Commonwealth Bank of Australia's first-quarter cash earnings remained largely unchanged on Tuesday, and it said higher interest rates were resulting in slowing growth and consumer spending.

Commonwealth Bank of Australia posts flat first-quarter profit

Commonwealth Bank of Australia , the country's largest lender, on Thursday joined the other three big banks in raising its standard variable home loan rate by 25 basis points after the central bank hiked its interest rate earlier this week.

Aussie 'big four' banks hike home loan rates after RBA decision

Commonwealth Bank of Australia on Wednesday announced the issuance of A$1.25 billion ($794.38 million) worth of subordinated notes.

Commonwealth Bank of Australia raises $794 mln worth of debt

Commonwealth Bank of Australia (OTCPK:CBAUF) Q2 2023 Earnings Conference Call August 8, 2023 8:30 PM ET Company Participants Melanie Kirk - Head, IR Matt Comyn - CEO Alan Docherty - CFO Conference Call Participants John Storey - UBS Jonathan Mott - Barrenjoey Richard Wiles - Morgan Stanley Andrew Triggs - JPMorgan Andrew Lyons - Goldman Sachs Victor German - Macquarie Brendan Sproules - Citigroup Carlos Cacho - Jarden Ed Henning - CLSA Matt Dunger - Bank of America Melanie Kirk Hello and welcome to the Commonwealth Bank of Australia's results briefing for the year ended 30 June, 2023. I'm Melanie Keck and I'm Head of Investor Relations.

Commonwealth Bank of Australia (CBAUF) Q2 2023 Earnings Call Transcript

Commonwealth Bank of Australia reported a near 6% rise in annual cash earnings on Wednesday on the back of strong volume growth and higher margins from rising interest rates.

Commonwealth Bank of Australia's annual profit rises 6%

Commonwealth Bank of Australia , the country's biggest lender, could cut up to 200 jobs, a source familiar with the matter told Reuters on Wednesday, but did not divulge further information the layoffs.

News for Commonwealth Bank of Australia Stock (CMWAY)