Commonwealth Bank of Australia (CBA.AX)
Commonwealth Bank of Australia operates in the Banks - Diversified industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $167.49, down 3.03% on the session, giving a market capitalisation of $280.06B. Its beta of 0.81 implies it has historically moved less than the broad market.
Commonwealth Bank of Australia provides retail and commercial banking services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers savings and term deposit accounts, commonwealth direct investment accounts, and retail transaction accounts, as well as specialized accounts, such as statutory trust, society cheque, farm management, cash and treasury management, and business foreign currency deposit accounts. It also provides credit cards, personal and business loans, car and equipment finance, business overdrafts, margin lending, and international payment services; home loans; and buy-now-pay-later services. In addition, the company provides home and contents, car, health, life, income protection, pet, and travel insurance products. Further, it offers transaction banking, equity trading, and risk management products and services, as well as access to debt capital markets, capital raising, and investment and financial solutions. Commonwealth Bank of Australia was founded in 1911 and is based in Sydney, Australia.
Commonwealth Bank of Australia is most often compared with the following Financial Services names: