Commonwealth Bank of Australia

News and overview for Commonwealth Bank of Australia

Australia resource shares lead market higher - MarketWatch
MarketWatch | 6 days 12 hours 27 minutes ago
BREAKINGAustralia resource shares lead market higher


Commonwealth Bank of Australia Announces 5-Year Deal With IdenTrust [Press Release]
PRNewswire | 27 days 11 hours ago
Commonwealth Bank of Australia Announces 5-Year Deal With...announced it has been selected by Commonwealth Bank of Australia (CBA) for the provision...future requirements." The Commonwealth Bank is one of Australia's leading providers of...


Australian stocks gain early, financials strong - MarketWatch
MarketWatch | 14 days 12 hours 43 minutes ago
BREAKINGAustralian stocks gain early, financials strong


Research and Markets: This Latest Q4 2009 Australia Commercial Banking Report Provides Independent Forecasts and Competitive Intelligence on the Industry [Press Release]
Business Wire | 18 days 35 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/56d59f/australia_commerci) has announced the addition of the "Australia Commercial Banking Report Q4 2009" report to their offering.


Ratings changes lift Hong Kong, China shares - MarketWatch
MarketWatch | 14 days 1 hour 59 minutes ago
Japan's Nikkei 225 finished up 0.2%, South Korea's Kospi gained 0.3% and Australia's S&P/ASX 200 advanced 1.8%. Shares of AXA Asia Pacific surged more than 32% in Sydney after spurning a multi-billion dollar takeover offer from rival wealth-management firm AMP.


Australian shares make early gains, as banks rise - MarketWatch
MarketWatch | 19 days 10 hours 56 minutes ago
IMF sees East Asia surpassing euro zone: report


Hang Seng, Kospi pace Asian market gains - MarketWatch
MarketWatch | 17 days 1 hour 48 minutes ago
Hong Kong's Hang Seng Index jumped 1.6% to 21829.72 and Japan's Nikkei 225 Average climbed 0.7% to 9789.35, while China's Shanghai Composite added 0.3% to 3164.04, taking its winning run to a sixth straight session. Australia's S&P/ASX 200 climbed 1.9% and South Korea's Kospi advanced 1.3%, with India's Sensex coming off its early gains, but still 0.2% higher in afternoon trading.


REPEAT: Asian Shrs Up On US Cue; M&A News Spurs AXA Asia Pac - MarketWatch
MarketWatch | 14 days 9 hours 54 minutes ago
SINGAPORE (MarketWatch) -- Asian shares were higher Monday after modest gains on Wall Street Friday. In Australia, AXA Asia Pacific jumped 30% on news of a multibillion dollar takeover offer from rival wealth management firm AMP.


Asian Shares Mostly Higher; AXA Asia Pacific Surges - MarketWatch
MarketWatch | 14 days 7 hours 34 minutes ago
(Adds information, quotes, updates/adds market levels)


Aberdeen Australia Equity Fund, Inc. Announces Performance Data and Portfolio Composition [Press Release]
PRNewswire | 20 days 12 hours 57 minutes ago
...assets, were: Stock Percent of Total Assets BHP Billiton Limited...Banking Corporation Limited 7.0 Australia & New Zealand Banking Group Limited 5.6 Commonwealth Bank of Australia Limited 5.4 Woolworths Limited...


Aberdeen Asia-Pacific Income Fund, Inc. Announces Performance Data and Portfolio Composition [Press Release]
PRNewswire | 20 days 13 hours 6 minutes ago
...06/15/2013 5.3 Western Australia Treasury Corporation 8.00...2015 1.7 European Investment Bank 6.50%, 08/07/2019 1...50%, 02/28/2013 1.2 Commonwealth Bank of Australia 8.50%, 06/24/2011 1...


Research and Markets: This Report Provides In-Depth Company Profiles for Banking & Finance Companies Ranked in the 2009 Fortune Global 500 List [Press Release]
Business Wire | 19 days 21 hours 29 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/f52d3e/banking_finance) has announced the addition of the "Banking & Finance 2009 Fortune Global 500 Databank - Company Profiles" company profile to their offering.


Asian Shares Mixed; Trade Subdued Before FOMC Results - MarketWatch
MarketWatch | 19 days 9 hours 36 minutes ago
SINGAPORE (MarketWatch) -- Asian stock markets were mixed Wednesday, as investors pulled to the sidelines ahead of the results of the U.S. Federal Reserve's policy meeting. Gold miners were outperforming again, after a record high for the price of the precious metal.


Asian Shares Mixed Ahead Of U.S. Earnings - MarketWatch
MarketWatch | 41 days 7 hours 57 minutes ago
(Adds information, quotes, updates/adds market levels)


Chinese utilities, automakers lead gains in Asia - MarketWatch
MarketWatch | 41 days 2 hours 18 minutes ago
The Shanghai Composite rose 1.4% to 2,936.19 and the Shenzhen Composite rose 1.5% to 1,013.28, while in Hong Kong, the Hang Seng Index gained 0.8% to 21,467.36.





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Company Overview


Company: Commonwealth Bank of Australia
Industry: Banking - Asia & Australia
Website: http://www.commbank.com.au

Commonwealth Bank of Australia (CBA), one of Australia's Big Four banks, offers retail and commercial banking, insurance, and investment services, including credit cards, home loans, deposit accounts, mutual funds, and retirement products. The bank also provides business and institutional banking. CBA owns brokerage Commonwealth Securities, fund manager Colonial First State, and ASB Bank, which provides banking, investment, and financial services in New Zealand. The company has more than 1,000 branch offices in Australia as well as operations that reach Asia, the UK, and the US. In late 2008 it acquired Australia-based BankWest from British bank HBOS (now part of Lloyds Banking Group).


Key Numbers

Sales in U.S. Dollars (mil.) 13,979 (2009)
One-year % Growth in Sales -0.7 (2009)
Net Income in U.S. Dollars (mil.) 3,823.8 (2009)
One-year % Growth in Net Income -17.4 (2009)
Number of Employees 44,218 (2009)
One-year % Growth in Number of Employees 11.6 (2009)
Fiscal Year-End June