COMMONWEALTH BANK OF AUSTRALIA (CBA)
Share Price Analysis and Chart

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CBA

CBA - COMMONWEALTH BANK OF AUSTRALIA

FNArena Sector : Banks
Year End: June
GICS Industry Group : Banks
Debt/EBITDA: N/A
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Commonwealth Bank is Australia’s largest retail bank, providing retail, business and institutional banking, wealth and broking services including CommSec. It first listed in 1991.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$173.92

11 Aug
2026

-0.350

OPEN

$173.61

-0.20%

HIGH

$174.51

2,137,504

LOW

$173.50

TARGET
$123.688 -28.9% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AFG . ANZ . BEN . BOQ . HLI . MYS . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
CBA: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 605.0 650.8 xxx
DPS (cps) xxx 485.0 500.0 xxx
EPS Growth xxx 6.6% 7.6% xxx
DPS Growth xxx 4.3% 3.1% xxx
PE Ratio xxx N/A 26.5 xxx
Dividend Yield xxx N/A 2.9% xxx
Div Pay Ratio(%) xxx 80.2% 76.8% xxx

Dividend yield today if purchased 3 years ago: 4.65%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.81

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 18/02 - ex-div 235.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx605.0
DPS All xxxxxxxxxxxxxxx485.0
Sales/Revenue xxxxxxxxxxxxxxx69,857.0 M
Book Value Per Share xxxxxxxxxxxxxxx4,711.9
Net Operating Cash Flow xxxxxxxxxxxxxxx8,676.0 M
Net Profit Margin xxxxxxxxxxxxxxx14.51 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx13.34 %
Return on Invested Capital xxxxxxxxxxxxxxx4.13 %
Return on Assets xxxxxxxxxxxxxxx0.78 %
Return on Equity xxxxxxxxxxxxxxx13.34 %
Return on Total Capital xxxxxxxxxxxxxxx4.30 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx249.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx103,572 M
Long Term Debt xxxxxxxxxxxxxxx179,152 M
Total Debt xxxxxxxxxxxxxxx282,724 M
Goodwill - Gross xxxxxxxxxxxxxxx5,289 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx54,381 M
Price To Book Value xxxxxxxxxxxxxxx3.92

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx1,636.0 M
Capex % of Sales xxxxxxxxxxxxxxx2.34 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4,290 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx258,178 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-1.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

29/07/2026

5

Underweight

$123.50

-28.99%

Morgan Stanley believes the strong revenue tailwinds supporting the major banks in Australia over the past two years are fading as net interest margins (NIMs) peak and mortgage growth slows.

The broker lowers its FY27-FY28 earnings forecasts by an average of -2% to -4%, expecting intensifying mortgage competition, higher deposit costs and weaker housing activity to pressure revenue growth.

On a one-year view, Morgan Stanley's preferred major banks are ANZ (Overweight), followed by National Australia Bank (Underweight), Westpac (Underweight) and CommBank (Underweight).

Target for CommBank falls to $123.50 from $125.00. Industry view is Cautious.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 505.00 cents and EPS of 654.50 cents.
Morgan Stanley forecasts a full year FY27 dividend of 515.00 cents and EPS of 672.50 cents.

Morgans

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

12/08/2026

5

Sell

$90.00

-48.25%

Jarden maintains a Sell rating for CommBank with a $90.00 target price following a second-half financial result slightly ahead of expectations.

Cash net profit after tax reached $5,537m, beating consensus by 3%, driven by tight cost management and a lower-than-expected bad debt charge of $469m.

However, the analyst considers the forward outlook challenging as persistently negative home loan applications indicate a structural decline in demand.

With the bank highly leveraged to housing and deposits, the broker's estimates suggest this scenario presents materially negative consequences for revenue volume and net interest margin growth across both sides of the balance sheet.

The suggestion is the stock remains incorrectly valued despite delivering an acceptable interim result.
Access Extra Coverage Research History >

CBA STOCK CHART

FNArena News on CBA

1
FNArena Corporate Results Monitor – 12-08-2026

Aug 12 2026 - Australia
2
Rudi’s View: Upside Risk In Crowded Shorts

Aug 12 2026 - Rudi's View
3
July In Review: Australia Beats AI & The USA

Aug 05 2026 - Australia
4
Rudi’s View: TechOne, Banks & Wesfarmers

Jul 30 2026 - Rudi's View
5
Rudi’s View: Pre-August Picks In Resources, Retail & Small Caps

Jul 23 2026 - Rudi's View

Latest Banks News

1
Rudi’s View: TechOne, Banks & Wesfarmers

Jul 30 2026 - Rudi's View
2
ANZ Bank Shares Eyeing $40 Yet Again

Jul 28 2026 - Technicals
3
In Brief: AFG, Lifestyle Communities, Mastermyne

Jun 26 2026 - Weekly Reports
4
Australian Banks, Bad Debts And The Budget

May 20 2026 - Feature Stories
5
Australian Banks: Impact Of Oil Shocks And AI

Mar 25 2026 - Australia
6
February 2026 Results – The Wrap

Mar 13 2026 - Feature Stories
7
Banks Outperformed In February. What’s Next?

Mar 09 2026 - Feature Stories
8
Australian Banks: Coming Home To Roost

Nov 27 2025 - Feature Stories
9
Less Than Perfect CBA Threatens Its Premium

Nov 13 2025 - Australia
10
Australian Banks: Results Season Preview

Oct 30 2025 - Feature Stories