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

Enter the company code or Name for stock analysis:

CBA - COMMONWEALTH BANK OF AUSTRALIA

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

Commonwealth Bank is Australia's largest retail bank with a market cap of over $122bn. It provides a range of financial services, including retail, business and institutional banking, plus broking facilities through CommSec. CBA was first listed in September 1991.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$86.45

05 Mar
2021

0.070

OPEN

$86.40

0.08%

HIGH

$86.80

3,125,494

LOW

$85.53

TARGET
$80.50 -6.9% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABA . ANZ . BEN . BOQ . NAB . SUN . WBC . GMA . MOC . AFG . MYS . RMC . VUK .
MARKET CONSENSUS FORECAST
CBA: 1
Title FY19
Actual
FY20
Actual
FY21
Forecast
FY22
Forecast
EPS (cps) xxx 413.0 451.5 xxx
DPS (cps) xxx 298.0 332.9 xxx
EPS Growth xxx - 15.0% 9.3% xxx
DPS Growth xxx - 30.9% 11.7% xxx
PE Ratio xxx N/A 19.1 xxx
Dividend Yield xxx N/A 3.9% xxx
Div Pay Ratio(%) xxx 72.2% 73.7% xxx

Dividend yield today if purchased 3 years ago: 3.97%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.45

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: 16/02 - 150c (100%)

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.4

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

11/02/2021

5

Reduce

$68.00

-21.34%

Commonwealth Bank has reported cash profit (NPAT) of $3,975m, 3.9% better than Morgan's expectation. An interim dividend of $1.50 per share fully franked was declared.

The broker highlights good momentum in home lending, and the domestic business lending (excluding institutional lending) growth of 4% over the first half was better than expected. There was also considered to be strong Markets income in the December quarter. 

The analyst expects the low interest rate environment and the mortgage pricing impact to remain substantial net interest margin (NIM) headwinds in the second half. However, there are considered enough offsetting tailwinds to keep the NIM remaining broadly stable.

The target price is increased to $68 from $64 and the Reduce rating is maintained.

FORECAST
Morgans forecasts a full year FY21 dividend of 320.00 cents and EPS of 457.00 cents.
Morgans forecasts a full year FY22 dividend of 378.00 cents and EPS of 504.00 cents.

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Credit Suisse

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

CBA STOCK CHART