OTCPK:CBAU.F

Stock Analysis Report

Commonwealth Bank of Australia

Executive Summary

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Commonwealth Bank of Australia's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.3%

OTCPK:CBAU.F

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-5.6%

OTCPK:CBAU.F

-14.2%

US Banks

-0.4%

US Market

CBAU.F outperformed the Banks industry which returned -14.2% over the past year.

CBAU.F underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

CBAU.FIndustryMarket
7 Day-6.3%-2.6%-1.0%
30 Day-11.8%-6.3%-3.3%
90 Dayn/a-3.5%0.8%
1 Year-5.6%-5.6%-11.8%-14.2%1.9%-0.4%
3 Year-14.4%-14.4%42.2%32.4%39.4%30.4%
5 Year-32.4%-32.4%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is Commonwealth Bank of Australia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Commonwealth Bank of Australia undervalued based on future cash flows and its price relative to the stock market?

15.86x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Commonwealth Bank of Australia's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Commonwealth Bank of Australia's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Commonwealth Bank of Australia is overvalued based on earnings compared to the US Banks industry average.

Commonwealth Bank of Australia is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Commonwealth Bank of Australia is poor value based on expected growth next year.


Price Based on Value of Assets

Commonwealth Bank of Australia is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Commonwealth Bank of Australia expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

3.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Commonwealth Bank of Australia's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).

Commonwealth Bank of Australia's earnings are expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).

Commonwealth Bank of Australia's revenue growth is positive but not above the United States of America market average.

Commonwealth Bank of Australia's earnings growth is positive but not above the United States of America market average.

Commonwealth Bank of Australia's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Commonwealth Bank of Australia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Commonwealth Bank of Australia performed over the past 5 years?

0.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Commonwealth Bank of Australia's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Commonwealth Bank of Australia's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Commonwealth Bank of Australia's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Commonwealth Bank of Australia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Commonwealth Bank of Australia used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Commonwealth Bank of Australia improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Commonwealth Bank of Australia's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Commonwealth Bank of Australia has an acceptable proportion of non-loan assets held.

Commonwealth Bank of Australia has a sufficient allowance for bad loans.

Commonwealth Bank of Australia's liabilities are made up of primarily low risk sources of funding.

Commonwealth Bank of Australia's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Commonwealth Bank of Australia are broadly funded by customer deposits.

Commonwealth Bank of Australia has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Commonwealth Bank of Australia's current dividend yield, its reliability and sustainability?

5.73%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Commonwealth Bank of Australia's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Commonwealth Bank of Australia's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


Next Steps

Management

What is the CEO of Commonwealth Bank of Australia's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average management tenure


CEO

Matt Comyn (43yo)

1.3yrs

Tenure

AU$4,358,636

Compensation

Mr. Matthew Comyn, also known as Matt, has been Managing Director, Chief Executive Officer and Executive Director at Commonwealth Bank of Australia since April 9, 2018 and served as its Managing Director a ...


CEO Compensation Analysis

Matt's remuneration is lower than average for companies of similar size in United States of America.

Matt's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Management Age and Tenure

1.3yrs

Average Tenure

The average tenure for the Commonwealth Bank of Australia management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.3yrs

Average Tenure

58yo

Average Age

The average tenure for the Commonwealth Bank of Australia board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Commonwealth Bank of Australia individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$10,37230 May 19
Anne Templeman-Jones
EntityIndividual
Role
Member of the Board of Directors
Shares192
Max PriceUS$54.02
BuyUS$7,08624 May 19
Genevieve Bell
EntityIndividual
Role
Member of the Board of Directors
Shares141
Max PriceUS$50.26
BuyUS$6,18223 May 19
Robert Whitfield
EntityIndividual
Role
Member of the Board of Directors
Shares123
Max PriceUS$50.26
BuyUS$5,52823 May 19
Anne Templeman-Jones
EntityIndividual
Role
Member of the Board of Directors
Shares110
Max PriceUS$50.26
BuyUS$4,72423 May 19
Mary Padbury
EntityIndividual
Role
Member of the Board of Directors
Shares94
Max PriceUS$50.26
BuyUS$50,30520 May 19
Catherine Livingstone
EntityIndividual
Role
Chairman of the Board
Shares1,000
Max PriceUS$50.30
BuyUS$25,07115 Feb 19
Paul O'Malley
EntityIndividual
Role
Member of the Board of Directors
Shares500
Max PriceUS$50.14
BuyUS$50,08515 Feb 19
Catherine Livingstone
EntityIndividual
Role
Chairman of the Board
Shares1,000
Max PriceUS$50.08
BuyUS$12,34816 Nov 18
Mary Padbury
EntityIndividual
Role
Member of the Board of Directors
Shares241
Max PriceUS$51.24
BuyUS$14,70516 Nov 18
Robert Whitfield
EntityIndividual
Role
Member of the Board of Directors
Shares287
Max PriceUS$51.24
BuyUS$12,86116 Nov 18
Anne Templeman-Jones
EntityIndividual
Role
Member of the Board of Directors
Shares251
Max PriceUS$51.24

Ownership Breakdown


Management Team

  • Vittoria June Shortt

    Chief Executive & MD of ASB Bank Ltd.

    • Tenure: 1.5yrs
    • Compensation: A$2.31m
  • Nigel Williams

    Group Chief Risk Officer

    • Tenure: 0.8yrs
    • Compensation: A$3.68m
  • Pascall Boillat

    Chief Information Officer & Group Executive of Enterprise Services

    • Tenure: 0.8yrs
    • Compensation: A$4.73m
  • Alan Docherty

    Group Executive & CFO

    • Tenure: 1.3yrs
    • Compensation: A$1.80m
  • Sian Lewis

    Group Executive of Human Resources

    • Tenure: 1.0yrs
    • Compensation: A$1.40m
  • Adam Bennett

    Group Executive of Business & Private Banking

    • Tenure: 7.6yrs
    • Compensation: A$2.51m
  • David Keith Cohen

    Deputy CEO and Interim Group General Counsel

    • Tenure: 0.2yrs
    • Compensation: A$2.93m
  • Angus Sullivan

    Group Executive of Retail Banking Services

    • Tenure: 1.3yrs
    • Compensation: A$1.90m
  • Michael Venter

    Chief Operating Officer of Wealth Management

    • Tenure: 8.0yrs
    • Compensation: A$924.04k
  • Matt Comyn (43yo)

    CEO, MD & Executive Director

    • Tenure: 1.3yrs
    • Compensation: A$4.36m

Board Members

  • Rob Whitfield (55yo)

    Independent Non-Executive Director

    • Tenure: 1.9yrs
    • Compensation: A$285.32k
  • Anne Templeman-Jones (57yo)

    Independent Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: A$322.24k
  • Catherine Livingstone (63yo)

    Chairman of the Board

    • Tenure: 2.6yrs
    • Compensation: A$884.54k
  • Mary Padbury (60yo)

    Independent Non-Executive Director

    • Tenure: 3.2yrs
    • Compensation: A$282.82k
  • Wendy Stops (58yo)

    Independent Non-Executive Director

    • Tenure: 4.4yrs
    • Compensation: A$307.56k
  • Shirish Apte (66yo)

    Independent Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: A$369.54k
  • Genevieve Bell

    Independent Non-Executive Director

    • Tenure: 0.6yrs
    • Compensation: A$119.26k
  • David Higgins (64yo)

    Independent Non-Executive Director

    • Tenure: 4.9yrs
    • Compensation: A$333.58k
  • Paul O'Malley (55yo)

    Independent Non-Executive Director

    • Tenure: 0.6yrs
    • Compensation: A$122.37k
  • Matt Comyn (43yo)

    CEO, MD & Executive Director

    • Tenure: 1.3yrs
    • Compensation: A$4.36m

Company Information

Commonwealth Bank of Australia's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Commonwealth Bank of Australia
  • Ticker: CBAU.F
  • Exchange: OTCPK
  • Founded: 1911
  • Industry: diversified banks
  • Sector: banks
  • Market Cap: AU$132.792b
  • Listing Market Cap: AU$90.047b
  • Shares outstanding: 1.77b
  • Website: Click here

Number of Employees


Location

  • Commonwealth Bank of Australia
  • Tower 1
  • Ground Floor
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBAU.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
CBAASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
CWWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
CBASWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1992
CMWA.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDJun 2008
CBAPDASX (Australian Securities Exchange)FRN SUB PERP AUD100AUAUDOct 2014
CBAPEASX (Australian Securities Exchange)FRN CNV SUB PERP AUD1000AUAUDMar 2016
CBAPHASX (Australian Securities Exchange)FRN PERP AUD100AUAUDDec 2018

Biography

Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. The company offers retail, premium, business, and institutional banking; and funds mana ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:47
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.