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Commonwealth Bank of Australia (ASX:CBA)

Banks

Commonwealth Bank of Australia (ASX: CBA) is Australia’s largest bank, with commanding market share of mortgages, credit cards and personal lending markets. It has over 16 million customers, 14 million are in Australia. It is entrenched in the Australian payments ecosystem and financial marketplace.

Commonwealth Bank of Australia (ASX:CBA) share price

Commonwealth Bank of Australia (ASX:CBA) share price news

ASX Bank Shares
James Dunn

Uncharted territory for the Australian market

The benchmark S&P/ASX 200 (INDEXASX: XJO) closed up 80.5 points, or 1.1 per cent, to 7,680.7 – 51.8 points, or 0.7 per cent, above the previous closing record of 7,628.9 points, which was reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) index added 77.8 points, or 1 per cent, to 7,912.8.

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