Commonwealth Bank of Australia CBA.ASX

Formed during the 1911 Commonwealth Bank Act, the Commonwealth Bank of Australia trades in the banking sector and has a client base of approximately 15.9 million customers as of 2022. In that same year, it had 48,900 employees and 800,000 shareholders. While operations take place through the confinement, the headquarters of the Commonwealth Bank of Australia can be found in Sydney. The Commonwealth Bank of Australia was first floated on the stock exchange in April 1991.

CommBank provides services in banking, life insurance and related services across Australia. This includes individual, small business and medium commercial banking as well as corporate and general banking, international financing, institutional banking, stockbroking and funds management (superannuation products). As of June 2021, the Commonwealth Bank of Australia operates throughout approximately 875 branches where it supplies its customers with almost 2500 ATMs.

In March 2022, it became the first-ever bank in Australia to be recognised in the International Sustainability and Carbon Certification scheme. The Commonwealth Bank of Australia is the only Australian bank that trades in physical grain and this certification allows CBA to provide more solutions for its agricultural customers. CommBank trades on the ASX and is listed under the stock ticker CBA.

Add the stock ticker CBA to your eToro virtual portfolio to learn more the price share movements of the Commonwealth Bank of Australia.