Free Trial
OTCMKTS:CMWAY

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

$85.99
+0.02 (+0.02%)
(As of 07/8/2024 ET)
Today's Range
$85.55
$86.00
50-Day Range
$73.24
$85.99
52-Week Range
$59.95
$86.27
Volume
7,860 shs
Average Volume
20,059 shs
Market Capitalization
$143.91 billion
P/E Ratio
N/A
Dividend Yield
3.21%
Price Target
N/A
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
The only way to play the AI boom?
A new AI profit window is opening. But I believe if you want to take advantage of this next wave of AI … You have to do something very few people will have the courage to do.
Commonwealth Bank of Australia ADR CMWAY
The only way to play the AI boom?
A new AI profit window is opening. But I believe if you want to take advantage of this next wave of AI … You have to do something very few people will have the courage to do.
Dollar steadies, yen pinned near 152
See More Headlines
Receive CMWAY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Commonwealth Bank of Australia and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today
7/09/2024
Fiscal Year End
6/30/2025

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
$4.09 per share
Book Value
$28.92 per share

Miscellaneous

Outstanding Shares
1,673,580,000
Free Float
N/A
Market Cap
$143.91 billion
Optionable
Not Optionable
Beta
1.29

Social Links

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

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:

  • Strong growth in short interest indicates potential market interest and volatility, which could present trading opportunities.
  • Recent analyst rating upgrade to "strong sell" by UBS Group may indicate undervaluation or turnaround potential.
  • Stable stock performance with a 1-year high of $86.27 suggests resilience and potential for further growth.
  • Diversified business segments including retail banking, business banking, and institutional banking provide stability and exposure to different revenue streams.
  • Wide range of financial services offered domestically and internationally, showcasing the company's global presence and revenue potential.

Cons

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

  • Increased short interest could also indicate negative sentiment or potential downside risk in the near term.
  • Recent analyst rating change to "strong sell" may signal underlying issues or challenges within the company.
  • Stock trading near its 1-year high could lead to profit-taking or resistance at current levels.
  • Competitive landscape in the financial services industry may pose challenges for market share and profitability.
  • Global economic uncertainties and regulatory changes could impact the company's operations and financial performance.
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 Sunday, July 7, 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 this year?

Commonwealth Bank of Australia's stock was trading at $76.19 at the beginning of 2024. Since then, CMWAY stock has increased by 12.9% and is now trading at $85.99.
View the best growth stocks for 2024 here
.

Does Commonwealth Bank of Australia have any subsidiaries?

Commonwealth Bank of Australia subsidiaries include Aussie, ASB Bank Limited, ASB Covered Bond Trust, ASB Finance Limited, ASB Holdings Limited, ASB Term Fund, Capital 121 Pty Limited, and others.

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.

This page (OTCMKTS:CMWAY) was last updated on 7/9/2024 by MarketBeat.com Staff

From Our Partners