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Commonwealth Bank of Australia (AU:CBA)
ASX:CBA

Commonwealth Bank of Australia (CBA) AI Stock Analysis

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AU:CBA

Commonwealth Bank of Australia

(Sydney:CBA)

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Outperform 70 (OpenAI - 5.2)
Rating:70Outperform
Price Target:
AU$175.00
▼(-2.06% Downside)
Action:UpgradedDate:02/11/26
The score is driven primarily by solid financial performance (strong profitability and revenue growth, but offset by leverage and weak cash generation) and a supportive earnings call (strong capital, funding, growth and dividend continuity amid competitive and cost pressures). Technicals add modest support with improving near-term momentum but a still-weaker longer-term trend, while valuation is a headwind due to a higher P/E despite a ~3.06% dividend yield.
Positive Factors
Strong capital and liquidity
A CET1 ratio well above regulatory minimum, very large liquid assets and a long weighted funding maturity materially reduce regulatory and rollover risk. This durable funding and capital buffer supports dividend continuity, above-system lending and the ability to absorb macro shocks without rapid balance-sheet deleveraging.
Above-system deposit and loan growth
Sustained, above-system growth in mortgages, business lending and record deposit inflows strengthens the bank's core earning assets and low-cost funding base. Structural deposit gains increase sticky funding, support net interest income over time and reinforce market share in retail and business segments.
Material digital and tech capability uplift
Significant technology modernisation and scale digital engagement improve operating resilience, speed of innovation and customer experience. Cloud migration, automation and AI lower incident rates, enhance fraud detection and increase straight-through processing, creating a durable efficiency and competitive advantage.
Negative Factors
High leverage on balance sheet
A high debt-to-equity profile increases sensitivity to funding stress and interest rate moves, limiting strategic flexibility. In adverse scenarios leverage can amplify losses, raise capital costs or force more conservative lending, constraining long-term growth and requiring careful capital management.
Weak operating cash flow / free cash flow
Profitability without robust cash conversion creates a structural funding mismatch: ongoing negative operating and free cash flow limits the firm's ability to self-fund investment, dividends or buffer provisioning, increasing reliance on external funding and reducing resilience to shocks over multiple quarters.
Margin pressure and rising operating costs
Sustained competitive intensity and mix shifts into lower-margin liquid assets compress net interest margins. At the same time vendor inflation, higher operating expenses and rising headcount offset productivity gains, structurally pressuring profitability and return on equity unless cost or pricing levers restore margins.

Commonwealth Bank of Australia (CBA) vs. iShares MSCI Australia ETF (EWA)

Commonwealth Bank of Australia Business Overview & Revenue Model

Company DescriptionCommonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutional Banking and Markets, and New Zealand segments. The company offers transaction, savings, and foreign currency accounts; term deposits; personal and business loans; overdrafts; equipment finance; credit cards; international payment and trade; and private banking services, as well as home and car loans. It also provides retail, premium, business, offshore, and institutional banking services; and funds management, superannuation, and share broking products and services, as well as car, health, life, income protection, and travel insurance. The company offers advisory services for high-net-worth individuals; equities trading and margin lending services; debt capital, transaction banking, working capital, and risk management services; and international and foreign exchange services. As of June 30, 2022, it operated 807 branches/service centres and 2,095 ATMs. The company was founded in 1911 and is based in Sydney, Australia.
How the Company Makes MoneyCBA generates revenue primarily through interest income from loans, which includes personal loans, home mortgages, and business loans. The bank also earns significant income from fees and commissions associated with its banking services, such as account maintenance fees, transaction fees, and service fees for financial products. Additionally, CBA benefits from wealth management services, including investment management and superannuation, which contribute to its fee-based income. The bank has established partnerships with various financial technology firms to enhance its service offerings and improve operational efficiency, further supporting its revenue generation. CBA's diversified revenue streams and strong market position in Australia enable it to maintain stable profitability.

Commonwealth Bank of Australia Earnings Call Summary

Earnings Call Date:Feb 10, 2026
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Aug 11, 2026
Earnings Call Sentiment Positive
The call presented a strong operational and financial performance: double-digit and high single-digit growth across core segments, robust deposit and lending inflows, solid capital and liquidity metrics, continued investment payoffs (digital, AI, productivity) and a higher dividend. Offsetting risks include elevated competitive intensity driving deposit pricing and some NIM mix pressure, rising operating and vendor costs, headcount growth despite automation, and macro/geopolitical downside risks. On balance, the positives — including profitable above-system growth, healthy provisioning buffer, strong capital, and execution on strategic investments — materially outweigh the headwinds.
Q2-2026 Updates
Positive Updates
Profit Growth and EPS
Cash net profit increased 6% year-on-year; statutory and cash profits for continuing operations were around $5.4 billion for the half; earnings per share increased by $0.19.
Dividend Strength and Capital Position
Board declared a fully franked interim dividend of $2.35, up $0.10 on prior corresponding period (headline payout ratio 72%, normalized 74%); common equity Tier 1 ratio remained strong at 12.3%, approximately $10 billion above minimum regulatory requirements.
Record Deposit and Lending Growth
Mortgage balances grew $45 billion (+7% year-on-year); business lending grew 12% over 12 months (1.3x system); deposit balances increased by $44 billion in the half — the strongest domestic deposit and lending balance growth in a half since 2008; customer deposit ratio at 79%.
Operating Income and Expense Management
Operating income grew 6.6% year-on-year; underlying operating expenses (excluding restructuring and notable items) increased 5.5%, with about $222 million of incremental cost savings realized in the past 6 months.
Business Bank Momentum
Business Bank pre-provision profit grew 8% and cash profit grew 14%; MFI share increased to 26.9% (up 310 basis points since the start of COVID); added 85,000 business transaction accounts (+7% year-on-year); lending balances increased by $18 billion in the year and business lending balances up 87% ($78 billion) in the past 6 years.
Retail Franchise Strength and Digital Engagement
Retail pre-provision profit growth of 5%; retail MFI share increased slightly to 33.5%; 9.4 million CommBank app users, 14 million daily log-ins, and 12 million retail transaction accounts (35% increase since the start of COVID; +585,000 in past year); 70% of proprietary home loan applications are auto-decisioned same day.
Credit Quality and Provisioning Buffer
Loan impairment expense remained low and broadly flat with the prior comparative period ($319 million for the half); total provisions of approximately $6.3 billion, which is $2.8 billion above the central economic scenario; loan losses in business lending were around 6 basis points in the half.
Strong Funding, Liquidity and Balance Sheet Metrics
Weighted average maturity of long-term funding 5.2 years; liquid assets of $199 billion; 79% deposit funding and a historically low proportion of short-term wholesale funding; record inflows of deposits enabled retirement of some long-term wholesale issuance.
Operational and Technology Achievements
Migrated core banking system to the cloud, delivered 30% more technology changes, reduced critical incidents and improved recovery times by 65%; deployed over 2,900 AI bots to disrupt scammers and send ~40,000 suspicious-activity alerts per day; invested in AI, cybersecurity and digital initiatives for small businesses.
Regional and Institutional Performance
Institutional pre-provision profit increased 13% and regained #1 NPS position; New Zealand ASB operating income grew 8% and outperformed system (1.3x system growth in home, business and rural lending).
Negative Updates
Elevated Competitive Intensity
Management highlighted materially elevated competition across deposit and lending markets, including fast proprietary deposit share growth by competitors; deposit pricing competition is creating margin headwinds and ongoing intensity in business lending markets.
Net Interest Margin Pressure and Mix Effects
Net interest margin decreased by 4 basis points over the half (main driver: higher mix of low-margin liquid assets and institutional repos); mix shift into higher-rate savings products (GoalSaver) represented an ongoing ~1 basis point quarterly headwind and contributed to downward pressure on margins.
Rising Operating Costs and Vendor Inflation
Underlying operating expenses increased 5.5% (ex-restructuring); notable items of $170 million (legal settlement); IT vendor cost inflation running above CPI and a higher share of investment being expensed (capitalization rate reduced), creating near-term P&L pressure.
Headcount and Cost Base
Enterprise headcount is up nearly 20% over ~5 years despite automation/AI investments, driven in part by in-sourcing engineering capabilities and increased operational/risk roles; management acknowledges further opportunities but also notes persistent near-term cost implications.
NPS and Competitive Ranking Slip in Business Banking
Following 15 months at #1, Commonwealth Bank dropped to second position in business banking NPS during the half, indicating competitive pressure on customer advocacy in that segment.
Provision Coverage Drift With Rapid Lending Growth
Although provisions total $6.3 billion and sit $2.8 billion above central scenario, the provisions-as-a-share metric has drifted lower due to rapid lending growth, leaving the bank reliant on its buffer against downside macro scenarios.
Macroeconomic and Geopolitical Risks
Management flagged higher-than-target inflation and further RBA rate rises (cash rate recently 3.85%), which could slow credit growth and consumer spending; geopolitical tail risks and potential shocks remain a downside risk to asset quality and economic activity.
Potential Wholesale Funding and Deposit Pricing Reversion
Wholesale funding spreads have been benign and below historical averages; management cautioned that any reversion in wholesale spreads could increase deposit competition and pressure margins further in subsequent halves.
Company Guidance
Management’s guidance was cautious but constructive: assume an FY26 effective tax rate of ~30%, expect the replicating portfolio to continue to support NII for around 2–3 more halves, and the economics team models system credit growth of c.6–8% over the next couple of years; balance‑sheet settings remain conservative with CET1 12.3% (~A$10bn above minimum), a 79% customer deposit funding ratio, A$199bn of liquid assets, a 5.2‑year weighted average long‑term funding maturity and customer deposits growing at an annualised 10% over the last six months (A$44bn inflow this half). Management reiterated a commitment to dividend continuity (interim DPS A$2.35, +A$0.10; headline payout 72%, normalized ~74%; DRP neutralised for the 11th period; A$4.4bn paid this half), while retaining A$6.3bn of provisions (A$2.8bn above the central scenario) and A$319m of loan impairment expense in the half, and pursuing disciplined, deposit‑led lending growth (mortgages +A$45bn/7% y/y to A$622bn; business lending +12% and 1.3x system) with operating income +6.6% and cash profit ~+6% to fund continued technology/AI investment amid a higher‑rate backdrop (RBA cash rate 3.85%).

Commonwealth Bank of Australia Financial Statement Overview

Summary
Strong income statement performance (revenue up 160.88% and solid profitability) is tempered by balance-sheet leverage risk (high debt-to-equity) and cash-flow weakness (negative operating cash flow and unfavorable free-cash-flow to net income).
Income Statement
85
Very Positive
The income statement reflects strong revenue growth with a 160.88% increase in the latest year, indicating robust business expansion. The gross profit margin remains healthy, and the net profit margin is solid, showcasing profitability. However, the EBIT and EBITDA margins suggest room for operational efficiency improvements.
Balance Sheet
70
Positive
The balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which could pose risks if not managed carefully. However, the return on equity is strong, reflecting effective use of equity to generate profits. The equity ratio is moderate, suggesting a balanced asset structure.
Cash Flow
60
Neutral
The cash flow statement reveals challenges with negative free cash flow growth and negative operating cash flow, which could impact liquidity. The free cash flow to net income ratio is unfavorable, indicating cash flow issues despite profitability. This area requires attention to ensure sustainable cash generation.
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue90.73B69.74B65.53B48.56B28.11B29.37B
Gross Profit29.65B28.66B27.31B27.14B23.29B23.55B
EBITDA14.62B15.95B15.28B15.42B15.17B13.76B
Net Income10.35B10.12B9.39B10.00B10.69B10.18B
Balance Sheet
Total Assets1.41T1.35T1.25T1.25T1.22T1.09T
Cash, Cash Equivalents and Short-Term Investments89.91B55.50B48.11B108.01B120.31B88.52B
Total Debt207.44B216.23B186.69B161.55B151.60B140.76B
Total Liabilities1.33T1.28T1.18T1.18T1.14T1.01T
Stockholders Equity77.23B78.78B73.09B71.63B72.83B78.68B
Cash Flow
Free Cash Flow0.00-2.46B8.51B6.78B20.68B12.54B
Operating Cash Flow23.26B-825.00M8.91B8.35B21.66B13.30B
Investing Cash Flow-76.48B-329.00M-1.11B-15.74B-96.76B-38.79B
Financing Cash Flow62.34B7.59B-10.71B-5.62B106.72B85.98B

Commonwealth Bank of Australia Technical Analysis

Technical Analysis Sentiment
Positive
Last Price178.68
Price Trends
50DMA
158.60
Positive
100DMA
159.99
Positive
200DMA
165.29
Positive
Market Momentum
MACD
6.89
Negative
RSI
71.69
Negative
STOCH
59.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CBA, the sentiment is Positive. The current price of 178.68 is above the 20-day moving average (MA) of 167.41, above the 50-day MA of 158.60, and above the 200-day MA of 165.29, indicating a bullish trend. The MACD of 6.89 indicates Negative momentum. The RSI at 71.69 is Negative, neither overbought nor oversold. The STOCH value of 59.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CBA.

Commonwealth Bank of Australia Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
AU$298.42B28.8413.34%3.00%6.39%7.78%
70
Outperform
AU$118.86B19.937.92%4.53%5.21%-9.07%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
61
Neutral
AU$17.73B19.0429.52%2.69%6.44%22.38%
61
Neutral
AU$145.69B21.129.08%3.90%1.57%0.13%
58
Neutral
AU$147.96B21.8910.36%4.00%-4.56%-1.63%
56
Neutral
AU$75.48B20.8010.30%3.27%3.65%1.58%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CBA
Commonwealth Bank of Australia
177.27
24.95
16.38%
AU:ANZ
ANZ Group Holdings
39.98
11.65
41.15%
AU:CPU
Computershare Limited
30.33
-9.54
-23.93%
AU:MQG
Macquarie Group Limited
209.55
-9.75
-4.45%
AU:NAB
National Australia Bank Limited
49.04
15.24
45.08%
AU:WBC
Westpac Banking
42.72
12.27
40.28%

Commonwealth Bank of Australia Corporate Events

ASB lifts half-year profit as lending, KiwiSaver funds and tech investment grow
Feb 10, 2026

ASB, the New Zealand subsidiary of Commonwealth Bank of Australia, reported a cash net profit after tax of $719 million for the six months to 31 December 2025, up 1% year-on-year, with statutory NPAT at $765 million. The bank continued to expand its core franchise, with home lending up 8%, business and rural lending up 4%, and total customer deposits rising 5%, while net interest margin improved by 6 basis points mainly due to timing benefits from interest rate hedges.

Funds under management in the ASB KiwiSaver Scheme increased by over $1.7 billion to more than $20.6 billion, supported by strong, top-quartile investment performance, taking ASB Group Investments’ total funds managed to more than $31 billion. Operating expenses climbed 21% to $839 million, driven by settlement costs for a consumer finance class action and heavier investment in people, technology modernisation, digital experience and regulatory compliance, as ASB positions itself to deliver simpler, faster customer services and enhanced fraud and scam protection in a cautiously improving economic environment.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

CBA Review Confirms Sustainability of Prudential Remedial Reforms
Feb 10, 2026

Commonwealth Bank of Australia has released the findings of a voluntarily commissioned independent review into the sustainability of outcomes delivered under its Prudential Inquiry Remedial Action Plan. The review, conducted by Promontory, concluded that the remedial outcomes implemented by the bank have been sustained over time, indicating continued adherence to the governance and risk improvements targeted by the plan.

The confirmation that RAP outcomes remain in place suggests CBA has maintained reforms designed to strengthen its risk management and compliance frameworks. This supports the bank’s ongoing efforts to restore regulatory confidence and stakeholder trust following earlier prudential issues, reinforcing its positioning as a more resilient and better-governed institution within the Australian banking sector.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank updates broker details for ongoing on‑market buy‑back
Feb 10, 2026

Commonwealth Bank of Australia has updated details of its on‑market share buy‑back of ordinary fully paid shares, first notified in August 2023, through a new Appendix 3C filing with the ASX. The latest announcement, dated 11 February 2026, amends the broker information associated with the buy‑back program, a procedural change that clarifies execution arrangements but does not alter the underlying structure of the capital management initiative.

The notification confirms that the bank continues to use on‑market purchases of its ordinary shares as a tool for managing its capital position and returning funds to shareholders. Updating the broker details signals ongoing implementation and operational fine‑tuning of the buy‑back, which can influence trading liquidity in CBA shares and may support capital efficiency and shareholder value over time.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank posts stronger half-year profit and lifts dividend amid focus on resilience
Feb 10, 2026

Commonwealth Bank of Australia reported solid half-year results to 31 December 2025, underpinned by its long-term strategy to build a strong, resilient franchise and support customers and communities. The bank highlighted its scale in the Australian market, with one in three individuals and one in four businesses treating it as their primary bank, enabling it to extend significant credit for home purchases and business growth.

During the half, CBA helped customers purchase more than 79,000 homes and advanced $25 billion in business lending, reinforcing its role in funding household and corporate activity. The group is also actively engaging with government and industry on the National Scam Prevention Framework and advocating for a safer, more efficient and innovative payments system to better protect and serve customers.

Financially, CBA delivered cash NPAT of $5,445 million, up 6 per cent on the prior corresponding period, and statutory NPAT of $5,412 million, supported by a strong balance sheet and conservative capital settings. The board declared a fully franked interim dividend of $2.35 per share, 10 cents higher than 1H25 and equating to a 72 per cent payout of cash earnings, underscoring the bank’s focus on sustainable shareholder returns and resilience across economic cycles.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank Releases Basel III Capital and Risk Disclosures
Feb 10, 2026

Commonwealth Bank of Australia has released its Basel III Pillar 3 capital adequacy and risk disclosures as at 31 December 2025. The publication provides investors and regulators with updated transparency on the bank’s capital position and risk profile, underscoring ongoing compliance with prudential standards and supporting informed assessment of its financial strength.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

CBA outlines scope and limitations of half-year 2025 results pack
Feb 10, 2026

Commonwealth Bank of Australia has released its results presentation and investor discussion pack for the half year ended 31 December 2025, aimed at a professional analyst and institutional investor audience. The material outlines the bank’s use of both IFRS and non-IFRS performance measures, provides guidance on how these should be interpreted, and clarifies the limited scope and intended use of the financial disclosures.

The bank emphasises that the presentation is background information rather than investment advice, and stresses that any potential securities offerings will comply with strict jurisdictional and regulatory requirements, particularly in the United States. It also highlights conditions around the distribution and interpretation of its credit ratings, underlining that these are not recommendations and are only for sophisticated investors, which reinforces the bank’s compliance posture and risk disclosure framework.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank lifts profit, dividend on solid first-half performance
Feb 10, 2026

Commonwealth Bank of Australia reported solid first-half 2026 results, with cash net profit after tax rising 6% year on year to $5.45 billion, supported by lending and deposit growth despite margin pressure and higher operating expenses. The bank maintained a strong capital and liquidity position, kept credit quality robust with low loan loss rates, and declared a fully franked interim dividend of $2.35 per share while continuing to invest heavily in technology, GenAI and fraud prevention to reinforce its competitive position and support customers in a challenging but resilient Australian economy.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Sets A$2.35 Interim Dividend and Payment Timetable
Feb 10, 2026

Commonwealth Bank of Australia has declared an ordinary interim dividend of A$2.35 per fully paid share, relating to the six‑month period ended 31 December 2025. The record date for eligible shareholders is 19 February 2026, with the stock trading ex‑dividend from 18 February 2026.

The dividend will be paid on 30 March 2026, and shareholders wishing to participate in the dividend reinvestment plan must lodge elections by 20 February 2026. The announcement confirms the timetable and payment details for the interim distribution, providing clarity on expected cash returns and reinvestment options for CBA investors.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank lifts half-year profit and dividend on solid revenue growth
Feb 10, 2026

Commonwealth Bank of Australia reported a 6% rise in revenue from ordinary activities to $15 billion for the half year ended 31 December 2025, with net profit attributable to equity holders up 5% to $5.367 billion. The bank declared a fully franked interim dividend of 235 cents per share, signalling confidence in its earnings strength and capital position as it navigates prevailing economic and regulatory conditions.

The latest half-year performance underscores steady growth relative to both the prior comparative period and the previous half, reinforcing CBA’s position as a leading, profitable incumbent in Australia’s banking sector. The robust profit and maintained dividend payout are likely to be welcomed by shareholders and may support the bank’s competitive standing amid a challenging geopolitical and technological landscape for financial institutions.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$128.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

CBA flags one-off items and divisional reshuffle ahead of 1H26 results
Feb 2, 2026

Commonwealth Bank of Australia has outlined several one-off items that will affect its first-half 2026 financial comparatives, including a $68 million pre-tax provision to fund additional goodwill payments to certain customers following ASIC’s Better Banking review, and $53 million of non-recurring operating income driven by a milestone payment from the sale of Commonwealth Insurance Limited and a fair value gain on its stake in Gemini after its IPO. The bank has also resegmented parts of its customer base across Retail, Business and Institutional divisions and refined allocations of capital and support costs, changes that leave group cash NPAT unchanged but alter divisional income statements and metrics ahead of its 11 February 2026 interim results announcement, for which it has released restated comparative tables.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$131.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

CBA Ceases to Be Substantial Shareholder in Karoon Energy
Jan 29, 2026

Commonwealth Bank of Australia and its related bodies corporate have notified Karoon Energy Ltd that they have ceased to be substantial shareholders in the company as of 28 January 2026. The change reflects a reduction in CBA’s relevant interest and voting power in Karoon Energy below the substantial holding threshold, signaling an adjustment in the bank’s investment exposure to the energy company and potentially altering the shareholder and governance dynamics at Karoon Energy.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$131.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Exits Substantial Holding in Karoon Energy
Jan 27, 2026

Commonwealth Bank of Australia and its related bodies corporate have notified Karoon Energy Ltd that they have ceased to be a substantial shareholder in the company as of 26 January 2026, in accordance with Australian Corporations Act disclosure requirements for significant shareholdings. The change in CBA’s relevant interest in Karoon’s voting securities, detailed in the accompanying annexures, signals an exit from a major shareholding position and may alter Karoon’s institutional investor base and the balance of influence among remaining large shareholders.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$125.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Ceases to Be Substantial Holder in Karoon Energy
Jan 23, 2026

Commonwealth Bank of Australia has notified Karoon Energy Ltd that it and its related bodies corporate have ceased to be substantial shareholders in the company as of 22 January 2026. The change, disclosed via a substantial holder notice under the Corporations Act, indicates CBA’s holding has fallen below the substantial shareholder threshold, signalling a reduction in its exposure to Karoon Energy and potentially altering the company’s shareholder base and influence of institutional investors.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$125.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Announces Lapse of 15,110 Conditional Share Rights
Dec 22, 2025

Commonwealth Bank of Australia has notified the market that 15,110 share rights (ASX code CBAAA) have lapsed after the conditions attached to these conditional rights were not satisfied or became incapable of being satisfied, effective 22 December 2025. The cessation of these securities marginally reduces the pool of potential future equity issuance under this particular rights arrangement and reflects standard capital management and remuneration plan mechanics, with limited direct impact on the bank’s overall capital structure but relevance for participants in the affected share rights scheme.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$99.81 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Announces New Dividend Distribution
Dec 16, 2025

The Commonwealth Bank of Australia announced a new dividend distribution for its security, CBAPM – CAP NOTE 3-BBSW+3.00% PERP NON-CUM RED T-06-30, with a distribution amount of AUD 1.1585. The ex-date is set for March 5, 2026, and the payment will be made on March 16, 2026. This announcement is part of the bank’s regular financial operations and reflects its ongoing commitment to providing returns to its investors, potentially impacting its market positioning and investor relations positively.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Announces New Dividend Distribution
Dec 16, 2025

The Commonwealth Bank of Australia announced a new dividend distribution for its security, CAP NOTE 3-BBSW+2.85% PERP NON-CUM RED T-06-28, with a distribution amount of AUD 1.1326. The ex-date is set for March 5, 2026, the record date is March 6, 2026, and the payment date is March 16, 2026. This announcement reflects the bank’s ongoing commitment to providing returns to its investors and may influence its market positioning by demonstrating financial stability and shareholder value.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Announces New Dividend Distribution
Dec 16, 2025

The Commonwealth Bank of Australia announced a new dividend distribution for its security, CAP NOTE 3-BBSW+2.75% PERP NON-CUM RED T-06-29, with a distribution amount of AUD 1.1154. The ex-date is set for March 5, 2026, with the record date on March 6, 2026, and payment scheduled for March 16, 2026. This announcement reflects the bank’s ongoing commitment to providing returns to its investors and could impact its market positioning by reinforcing investor confidence.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank Announces New Distribution for CAP NOTE Security
Dec 16, 2025

The Commonwealth Bank of Australia has announced a new distribution for its security, CAP NOTE 3-BBSW+2.75% PERP NON-CUM RED T-10-26, with a distribution amount of AUD 1.1154. The ex-date is set for March 5, 2026, with a record date of March 6, 2026, and payment date on March 16, 2026. This announcement reflects the bank’s ongoing commitment to providing returns to its stakeholders and may impact its financial positioning by reinforcing investor confidence.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Announces New Dividend Distribution
Dec 16, 2025

The Commonwealth Bank of Australia has announced a new dividend distribution for its security, CAP NOTE 3-BBSW+3.00% PERP NON-CUM RED T-04-27, with a distribution amount of AUD 1.1585. The dividend relates to a quarterly period ending on March 15, 2026, with key dates including an ex-date of March 5, 2026, a record date of March 6, 2026, and a payment date of March 16, 2026. This announcement reflects the bank’s ongoing commitment to providing returns to its stakeholders and may influence investor perceptions and market positioning.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Announces Voting Share Control Details
Dec 4, 2025

The Commonwealth Bank of Australia has announced the aggregated percentage of voting shares it controls, as per an exemption granted by the Australian Securities and Investments Commission. As of December 3, 2025, the bank and its controlled entities have the power to control voting or disposal of 0.03% of the total voting shares, with no net economic exposure. This announcement provides transparency regarding the bank’s shareholding structure, which is crucial for stakeholders and regulatory compliance.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank Updates Director’s Interest Notice
Dec 1, 2025

The Commonwealth Bank of Australia has announced a change in the director’s interest notice for Matthew Peter Comyn. This update reflects the adjustments in his holdings of fully paid ordinary shares and rights under the Employee Equity Plan, which could impact the bank’s governance and shareholder dynamics.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Issues Unquoted Share Rights
Dec 1, 2025

The Commonwealth Bank of Australia has announced the issuance of 108,764 unquoted share rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s long-term goals, potentially impacting the bank’s operational dynamics and stakeholder relations positively.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$132.84 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Ceases Substantial Holding in Karoon Energy
Nov 25, 2025

The Commonwealth Bank of Australia has announced that it has ceased to be a substantial holder in Karoon Energy Ltd as of November 24, 2025. This change in holding could impact CBA’s investment strategy and influence its market positioning, while stakeholders of Karoon Energy may see shifts in shareholder dynamics.

The most recent analyst rating on (AU:CBA) stock is a Hold with a A$162.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank Announces Leadership Change in Technology Division
Nov 24, 2025

The Commonwealth Bank of Australia announced the departure of its Group Executive Technology and Group Chief Information Officer, Gavin Munroe, who played a significant role in advancing the bank’s technology modernization and AI capabilities. The bank has made substantial progress in technology delivery and AI maturity, including a major migration of its SAP Core Banking platform to AWS. Interim leadership will be provided by Rodrigo Castillo and Victoria Ledda, ensuring continuity in the bank’s technology strategy.

The most recent analyst rating on (AU:CBA) stock is a Hold with a A$162.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Announces Director’s Share Acquisition
Nov 19, 2025

The Commonwealth Bank of Australia announced a change in the director’s interest, as Alistair Currie acquired 28 fully paid ordinary shares through participation in the Non-Executive Director Share Plan. This change reflects the bank’s ongoing governance and compliance with corporate regulations, ensuring transparency in its operations and maintaining trust with stakeholders.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$143.20 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Director Increases Shareholding
Nov 19, 2025

The Commonwealth Bank of Australia announced a change in the director’s interest notice, highlighting that Director Katherine Neisha Howitt acquired 50 fully paid ordinary shares through participation in the Non-Executive Director Share Plan. This acquisition reflects the director’s increased stake in the company, potentially signaling confidence in the bank’s future performance and aligning with shareholder interests.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$143.20 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Commonwealth Bank of Australia Updates Director’s Interest Notice
Nov 19, 2025

The Commonwealth Bank of Australia announced a change in the director’s interest notice for Julie Birgitte Galbo, who acquired additional shares through on-market trades. This update reflects a slight increase in her indirect shareholding, which may indicate confidence in the company’s future performance and could be of interest to stakeholders monitoring director share movements.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$143.20 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 11, 2026