The Commonwealth Bank of Australia (CBA) share price has been a topic of interest for many investors. The CBA share price has historically been volatile, with significant fluctuations in recent years.
CBA's financial performance has been impacted by various factors, including changes in interest rates and the overall state of the economy. The bank's revenue and profit have been affected by these changes.
In the past year, CBA's net profit after tax (NPAT) has been around $9.5 billion. This is a significant decrease from the previous year's NPAT of $10.3 billion.
Latest News and Updates
Here's the latest news and updates on the CBA share price. The Australian Securities Exchange (ASX) has confirmed that CBA's share price has been steadily increasing over the past quarter.
CBA's latest financial report shows a significant increase in profits, with a 10% rise in net profit after tax. This has led to a surge in investor confidence, with many analysts predicting further growth in the coming months.
The Reserve Bank of Australia (RBA) has also announced a rate cut, which is expected to boost consumer spending and further drive up the CBA share price.
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Share Price Analysis
CBA's share price has been relatively stable in the past three months, with an average weekly movement of 2.8%, which is lower than the Australian market's average movement of 7.9%. This suggests that the bank's share price has been less volatile compared to the broader market.
CBA's weekly volatility has been stable over the past year, with a 3% weekly movement. This is a good sign for investors looking for a stable investment option.
In the past year, CBA's share price has had some fluctuations, but the overall trend has been upward. For example, on 17 December 2024, the share price increased by 1.57% to $161.13.
Here's a comparison of CBA's volatility with the Australian market and industry:
As you can see, CBA's volatility is lower than the Australian market and the banks industry, making it a relatively stable investment option.
Shareholder Information
The top shareholders of CBA include HSBC Custody Nominees with 24.38% of shares and J P Morgan Nominees Australia Limited with 15.08% of shares.
The largest shareholder, HSBC Custody Nominees, holds a significant 24.38% of CBA shares. This is a substantial stake in the company.
Here is a breakdown of the top 5 shareholders of CBA:
Over the past year, CBA has returned 37.2% to shareholders, outperforming the Australian Banks industry which returned 30.8% and the Australian Market which returned 8.3%.
Top Shareholders Data
The Top Shareholders Data section provides a snapshot of who holds the majority of shares in a company. This information is crucial for investors and analysts to understand the ownership structure and potential influence of major shareholders.
HSBC Custody Nominees is the largest shareholder with a staggering 408,100,909 shares, accounting for 24.38% of the total capital.
J P Morgan Nominees Australia Limited and Citicorp Nominees Pty Limited follow closely, holding 252,342,218 and 109,210,490 shares respectively, which represent 15.08% and 6.53% of the total capital.
BNP Paribas Noms Pty Ltd holds 51,768,645 shares, accounting for 3.09% of the total capital, while National Nominees Limited holds 22,870,289 shares, which is 1.37% of the total capital.
Here is a summary of the top shareholders:
The remaining shareholders hold smaller stakes, but still contribute to the overall ownership structure of the company.
Shareholder Returns
Shareholder Returns are a crucial aspect of any company, and Commonwealth Bank of Australia (CBA) is no exception. CBA has consistently delivered impressive returns to its shareholders over the years.
In the past year, CBA's shareholder returns have exceeded the Australian Banks industry, which returned 30.8%. This is a significant achievement, especially considering the competitive nature of the banking industry.
Here's a breakdown of CBA's shareholder returns over the past year:
As you can see, CBA's shareholder returns have consistently outperformed the Australian Market, which returned 8.3% over the past year. This is a testament to the bank's strong financials and strategic decision-making.
CBA's impressive returns are a result of the bank's focus on delivering value to its shareholders. By consistently exceeding industry and market returns, CBA has demonstrated its commitment to shareholder value creation.
Frequently Asked Questions
What is the beta of the Commonwealth Bank of Australia?
The beta of the Commonwealth Bank of Australia is 1.25, indicating higher volatility than the market average. This suggests the bank's stock price is more sensitive to market fluctuations.
What is CBA price to earnings?
The Commonwealth Bank of Australia's price to earnings (PE) ratio is 27.80 as of December 30, 2024. This ratio indicates the stock's current price relative to its earnings per share.
What is CBA AX?
CBA.AX is the stock ticker symbol for Commonwealth Bank of Australia, a major Australian bank. It operates primarily in Australia and New Zealand, offering retail and commercial banking services.
Is CommBank a public listed company?
Yes, Commonwealth Bank is a publicly listed company, trading on the Australian Securities Exchange under the code CBA. This means its shares are available for the public to buy and sell.
What does CommBank sell?
CommBank offers a wide range of financial products and services, including banking, superannuation, insurance, and share-broking. From everyday banking to investments and protection, CommBank has you covered.
Sources
- https://www.fool.com.au/tickers/asx-cba/
- https://simplywall.st/stocks/au/banks/asx-cba/commonwealth-bank-of-australia-shares
- https://hotcopper.com.au/asx/cba/
- https://www.ig.com/au/shares/markets-shares/commonwealth-bank-of-australia-CBA-AU
- https://www.capitalbrief.com/briefing/analysts-call-out-blissfully-ignorant-cba-share-price-5f39ebad-7f5b-4830-8b9b-7a6db0b3778c/
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