ASX Bank Shares
CBA (ASX:CBA) share price drops on $2.6 billion profit in FY23 Q3
The Commonwealth Bank of Australia (ASX:CBA) share price is down 1% after the ASX bank share reported its quarterly update to March.
May 9, 2023
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Commonwealth Bank of Australia (ASX:CBA) share price is down 1% after the ASX bank share reported its quarterly update to March.
The Lynas Rare Earths Ltd (ASX:LYC) share price has jumped more than 10% after the ASX mining share revealed some positive Malaysian news.
The Westpac Banking Corp (ASX:WBC) share price is in the spotlight after the bank announced its FY23 half-year result and interim dividend.
The Block Inc (ASX:SQ2) share price is up more than 2% after the payments business revealed a strong 2023 first quarter.
The Macquarie Group Ltd (ASX:MQG) share price is down after the investment bank announced its FY23 result.
The ANZ Group Holdings Ltd (ASX: ANZ) share price is in the spotlight after the large ASX bank share revealed its HY23 result and dividend.
Exchange-traded funds (ETFs) may be the easiest way to invest in shares because of the instant diversification and typically good returns.
The National Australia Bank Ltd (ASX:NAB) share price is in the spotlight today after the big ASX bank share revealed its FY23 half-year result.
The Flight Centre Travel Group Ltd (ASX:FLT) share price is up 2% after the ASX travel share revealed a strong FY23 trading update.
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