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Commonwealth Bank of Australia (CBAUF)

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73.75+1.09 (+1.50%)
At close: 03:17PM EDT

Commonwealth Bank of Australia

Commonwealth Bank Place South
Level 1 11 Harbour Street
Sydney, NSW 2000
Australia
61 2 9378 2000
https://www.commbank.com.au

Sector(s)Financial Services
IndustryBanks - Diversified
Full-time employees48,930

Description

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.

Corporate governance

Commonwealth Bank of Australia’s ISS governance QualityScore as of 1 June 2024 is 3. The pillar scores are Audit: 10; Board: 1; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.