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.
The Commonwealth Bank of Australia (ASX: CBA) share price began 2024 just under $100 per share. And, recently, CBA shares changed hands at around $111.95. So, is the CBA share price undervalued?
The benchmark S&P/ASX 200 (INDEXASX: XJO) index fell 21.7 points, or 0.3 per cent, to 7393.1, with five of the 11 sub-sectors retreating. The broader All Ordinaries (INDEXASX: XAO) shed 24.6 points, also 0.3 per cent, to 7,622.
The Commonwealth Bank of Australia (ASX: CBA) share price started the year at $98.57. CBA shares recently traded around $112.33. Is the CBA share price priced to perfection?
The benchmark S&P/ASX 200 (INDEXASX: XJO) surrendered 81.5 points, or 1.1 per cent, to 7414.8, while the broader All Ordinaries (INDEXASX: XAO) was also down by 1.1 per cent, losing 83 points to 7,647.
The ANZ Banking Group (ASX: ANZ) share price has moved sideways this year, is the ANZ share price cheap?
The Commonwealth Bank of Australia (ASX: CBA) share price began 2024 just under $100 per share. And, recently, CBA shares changed hands at around $113.38. So, is the CBA share price undervalued?
Weaker iron ore prices saw BHP Group Ltd (ASX: BHP) shed 53 cents, or 1.1 per cent, to $47.18, while Rio Tinto Ltd (ASX: RIO) lost 83 cents, or 0.6 per cent, to $128.32, and Fortescue Ltd (ASX: FMG) eased 13 cents, or 0.5 per cent, to $27.24.
The ANZ Banking Group (ASX: ANZ) share price has risen 13% since the start of the year. Is the ANZ share price top value?
The Commonwealth Bank of Australia (ASX: CBA) share price started the year at $98.57. CBA shares recently traded around $113.87. Is the CBA share price in the money?