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OTCMKTS:CMWAY

Commonwealth Bank of Australia (CMWAY) Stock Price, News & Analysis

$85.24
+1.80 (+2.16%)
(As of 06/18/2024 ET)
Today's Range
$84.38
$85.24
50-Day Range
$71.80
$85.24
52-Week Range
$59.95
$85.24
Volume
20,656 shs
Average Volume
20,016 shs
Market Capitalization
$142.65 billion
P/E Ratio
N/A
Dividend Yield
3.24%
Price Target
N/A

Commonwealth Bank of Australia MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-5.61%
From $3.74 to $3.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.03 out of 5 stars

CMWAY stock logo

About Commonwealth Bank of Australia Stock (OTCMKTS:CMWAY)

Commonwealth Bank of Australia provides financial 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 transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans. It also provides retail, premium, business, offshore, and institutional banking services; and funds management, superannuation, and share broking products and services, as well as car, health, life, income protection, and travel insurance. In addition, the company offers advisory services for high-net-worth individuals; equities trading and margin lending services; debt capital, transaction banking, working capital, and risk management services; and international and foreign exchange services. Commonwealth Bank of Australia was founded in 1911 and is based in Sydney, Australia.

CMWAY Stock Price History

CMWAY Stock News Headlines

CBA Reports Lower Profit as Margins Weaken
[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
Commonwealth Bank of Australia ADR CMWAY
[Urgent] Protect your money before November
Those who listened to his warnings could have kept their money safe and even made substantial profits during each crisis. In fact, the Wall Street Journal reported that his work was more accurate … and more profitable than that of … Deutsche Bank … Merrill Lynch … JPMorgan Chase … Goldman Sachs … and every other firm reviewed.
Dollar steadies, yen pinned near 152
Commonwealth Bank of Australia's Dividend Analysis
Dollar tracks global yields lower; sterling heavy
See More Headlines
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Company Calendar

Ex-Dividend for 4/8 Dividend
2/23/2024
Dividend Payable
4/08/2024
Today
6/18/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:CMWAY
CIK
N/A
Fax
N/A
Employees
49,454
Year Founded
1911

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$32.95 billion
Cash Flow
$4.22 per share
Book Value
$28.92 per share

Miscellaneous

Outstanding Shares
1,673,580,000
Free Float
N/A
Market Cap
$142.65 billion
Optionable
Not Optionable
Beta
1.28

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Key Executives

  • Mr. Matthew Comyn EMBA (Age 48)
    CEO, MD & Executive Director
    Comp: $2.43M
  • Mr. Alan Docherty
    Group Executive of Financial Services & CFO
  • Mr. Gavin Munroe
    Group Executive of Technology & Group Chief Information Officer
  • Ms. Sian Lewis
    Group Executive of Human Resources
  • Mr. Nigel Williams
    Group Chief Risk Officer
  • Ms. Vittoria Annabel June Shortt BMS
    CA, Chief Executive & MD of ASB Bank Ltd.
  • Ms. Sinead Taylor
    Chief Operations Officer
  • Mr. Rodrigo Castillo
    Chief Technology Officer
  • Melanie Kirk
    Head of Investor Relations
  • Ms. Karen O'Flynn
    Group General Counsel, Company Secretary and Group Executive of Legal & Group Secretariat

Should I Buy Commonwealth Bank of Australia Stock? CMWAY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Commonwealth Bank of Australia:

  • Commonwealth Bank of Australia has shown consistent growth in its revenue and profits over the past few quarters, indicating a strong financial performance.
  • The bank offers a competitive dividend yield, providing investors with a steady income stream.
  • Recent market analysis suggests that Commonwealth Bank of Australia's stock price is undervalued, presenting a potential buying opportunity for investors.
  • With a solid reputation for stability and reliability, Commonwealth Bank of Australia is considered a safe investment option in the financial sector.
  • The bank's diversified business model, including retail banking, wealth management, and insurance services, helps mitigate risks associated with economic fluctuations.

Cons

Investors should be bearish about investing in Commonwealth Bank of Australia for these reasons:

  • Concerns have been raised about the bank's exposure to the housing market, especially in the current economic climate where property market fluctuations can impact the bank's profitability.
  • Regulatory changes in the financial sector could potentially increase compliance costs for Commonwealth Bank of Australia, affecting its bottom line.
  • Market volatility and uncertainties surrounding global economic conditions may pose risks to the bank's performance and stock price.
  • Increased competition from fintech companies and other innovative financial services providers could challenge Commonwealth Bank of Australia's market position and customer base.
  • Potential macroeconomic factors such as interest rate changes or geopolitical events could impact the bank's operations and financial results.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 4, 2024. Please send any questions or comments about these Commonwealth Bank of Australia pros and cons to contact@marketbeat.com.

CMWAY Stock Analysis - Frequently Asked Questions

How have CMWAY shares performed in 2024?

Commonwealth Bank of Australia's stock was trading at $76.19 at the beginning of 2024. Since then, CMWAY stock has increased by 11.9% and is now trading at $85.2350.
View the best growth stocks for 2024 here
.

Are investors shorting Commonwealth Bank of Australia?

Commonwealth Bank of Australia saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 18,800 shares, an increase of 70.9% from the May 15th total of 11,000 shares. Based on an average daily trading volume, of 37,400 shares, the days-to-cover ratio is presently 0.5 days.
View Commonwealth Bank of Australia's Short Interest
.

How often does Commonwealth Bank of Australia pay dividends? What is the dividend yield for Commonwealth Bank of Australia?

Commonwealth Bank of Australia announced a dividend on Wednesday, February 14th. Stockholders of record on Monday, February 26th will be given a dividend of $1.3732 per share on Monday, April 8th. The ex-dividend date is Friday, February 23rd.
Read our dividend analysis for CMWAY
.

Is Commonwealth Bank of Australia a good dividend stock?

Commonwealth Bank of Australia (OTCMKTS:CMWAY) pays an annual dividend of $2.76 per share and currently has a dividend yield of 3.33%.
Read our dividend analysis for CMWAY.

What ETF holds Commonwealth Bank of Australia's stock?

ActivePassive International Equity ETF holds 68,185 shares of CMWAY stock, representing 0.77% of its portfolio.

How do I buy shares of Commonwealth Bank of Australia?

Shares of CMWAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Commonwealth Bank of Australia have any subsidiaries?
The following companies are subsidiares of Commonwealth Bank of Australia: ASB Bank Limited, ASB Covered Bond Trust, ASB Finance Limited, ASB Holdings Limited, ASB Term Fund, Aussie, CBA Covered Bond Trust, Capital 121 Pty Limited, Colonial Holding Company Limited, CommBank Europe Limited, Commonwealth Insurance Holdings Limited, Commonwealth Insurance Limited, Commonwealth Securities Limited, Medallion NZ Series Trust 2009-1R, Medallion Trust Series 2008-1R, Medallion Trust Series 2011-1, Medallion Trust Series 2013-1, Medallion Trust Series 2013-2, Medallion Trust Series 2014-1, Medallion Trust Series 2014-2, Medallion Trust Series 2015-1, Medallion Trust Series 2015-2, Medallion Trust Series 2016-1, Medallion Trust Series 2016-2, Medallion Trust Series 2017-1, Medallion Trust Series 2017-1P, Medallion Trust Series 2017-2, Medallion Trust Series 2018-1, PT Bank Commonwealth, PT Commonwealth Life, Residential Mortgage Group Pty Ltd, and The Colonial Mutual Life Assurance Society Limited.
Read More
This page (OTCMKTS:CMWAY) was last updated on 6/19/2024 by MarketBeat.com Staff

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