Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Commonwealth Bank of Australia ( (AU:CBA) ) has shared an update.
For the half year ending December 31, 2024, the Commonwealth Bank of Australia reported a 4% increase in revenue from ordinary activities, reaching $14,098 million. The net profit attributable to equity holders rose by 8% to $5,134 million, demonstrating strong financial performance. The bank announced an interim dividend of 225 cents per share, fully franked, with a record date for entitlements on February 20, 2025. This financial upturn reflects positively on the bank’s operational strength and resilience in the competitive financial sector.
More about Commonwealth Bank of Australia
The Commonwealth Bank of Australia is a leading financial institution in Australia, primarily offering a wide range of banking and financial services, including retail, business, and institutional banking. It focuses on providing comprehensive financial solutions to individuals, businesses, and large entities across Australia and internationally.
YTD Price Performance: 6.25%
Average Trading Volume: 1,806,297
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$272B
For a thorough assessment of CBA stock, go to TipRanks’ Stock Analysis page.
