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OTCMKTS:CMWAY

Commonwealth Bank of Australia (CMWAY) Stock Price, News & Analysis

$94.16
-0.10 (-0.11%)
(As of 08/21/2024 ET)
Today's Range
$92.00
$96.20
50-Day Range
$80.94
$94.26
52-Week Range
$59.95
$96.20
Volume
17,142 shs
Average Volume
19,614 shs
Market Capitalization
$157.58 billion
P/E Ratio
N/A
Dividend Yield
3.47%
Price Target
N/A

Commonwealth Bank of Australia MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.50mentions of Commonwealth Bank of Australia in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.61%
From $3.74 to $3.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.47 out of 5 stars

CMWAY stock logo

About Commonwealth Bank of Australia Stock (OTCMKTS:CMWAY)

Commonwealth Bank of Australia provides 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. In addition, 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. Commonwealth Bank of Australia was founded in 1911 and is based in Sydney, Australia.

CMWAY Stock Price History

CMWAY Stock News Headlines

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Company Calendar

Today
8/21/2024
Ex-Dividend for 10/7 Dividend
8/26/2024
Dividend Payable
10/07/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Banking
Current Symbol
OTCMKTS:CMWAY
CIK
N/A
Fax
N/A
Employees
49,454
Year Founded
1911

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$32.95 billion
Cash Flow
$4.43 per share
Book Value
$28.92 per share

Miscellaneous

Outstanding Shares
1,673,580,000
Free Float
N/A
Market Cap
$157.58 billion
Optionable
Not Optionable
Beta
1.29

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Key Executives

  • Mr. Matthew Comyn EMBA (Age 48)
    CEO, MD & Executive Director
    Comp: $2.43M
  • Mr. Alan Docherty
    Group Executive of Financial Services & CFO
  • Mr. Gavin Munroe
    Group Executive of Technology & Group Chief Information Officer
  • Ms. Sian Lewis
    Group Executive of Human Resources
  • Mr. Nigel Williams
    Group Chief Risk Officer
  • Ms. Vittoria Annabel June Shortt BMS
    CA, Chief Executive & MD of ASB Bank Ltd.
  • Ms. Sinead Taylor
    Chief Operations Officer
  • Mr. Rodrigo Castillo
    Chief Technology Officer
  • Melanie Kirk
    Head of Investor Relations
  • Ms. Karen O'Flynn
    Group General Counsel, Company Secretary and Group Executive of Legal & Group Secretariat

Should I Buy Commonwealth Bank of Australia Stock? CMWAY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Commonwealth Bank of Australia:

  • Commonwealth Bank of Australia (CMWAY) recently announced a dividend increase to $1.64 per share, indicating strong financial performance and commitment to rewarding shareholders.
  • The stock price of CMWAY has been consistently increasing, reaching $91.63 on the latest trading day, showing positive momentum and potential for capital appreciation.
  • Analysts have upgraded CMWAY to a "strong sell" rating, suggesting confidence in the company's future growth prospects and overall stability.
  • CMWAY has a diverse range of financial services across Australia, New Zealand, and internationally, providing geographic diversification and potential for revenue growth.
  • With a 12-month high of $92.45, CMWAY has demonstrated resilience and the ability to reach new price levels, offering potential for further gains.

Cons

Investors should be bearish about investing in Commonwealth Bank of Australia for these reasons:

  • Despite recent positive performance, CMWAY's stock price may be nearing its peak, potentially limiting short-term upside for investors.
  • There is a significant drop in short interest for CMWAY, indicating reduced market sentiment and potential volatility in the stock price.
  • While the dividend increase is positive, it may also signal that CMWAY is facing challenges in deploying capital for growth opportunities, potentially impacting long-term sustainability.
  • CMWAY operates in a highly regulated industry, subject to changing regulatory environments that could impact profitability and operational flexibility.
  • Investors should consider the overall economic conditions and market risks when evaluating investments in CMWAY, as external factors can influence the company's performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Commonwealth Bank of Australia pros and cons to contact@marketbeat.com.

CMWAY Stock Analysis - Frequently Asked Questions

How have CMWAY shares performed this year?

Commonwealth Bank of Australia's stock was trading at $76.19 on January 1st, 2024. Since then, CMWAY stock has increased by 23.6% and is now trading at $94.16.
View the best growth stocks for 2024 here
.

Does Commonwealth Bank of Australia have any subsidiaries?

Commonwealth Bank of Australia subsidiaries include Aussie, ASB Bank Limited, ASB Covered Bond Trust, ASB Finance Limited, ASB Holdings Limited, ASB Term Fund, Capital 121 Pty Limited, and others.

How do I buy shares of Commonwealth Bank of Australia?

Shares of CMWAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CMWAY) was last updated on 8/22/2024 by MarketBeat.com Staff

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