CBA 0.94% $127.38 commonwealth bank of australia.

News: CBA Australian lender CBA lifts variable mortgage rates after RBA decision, page-6

  1. 6,140 Posts.
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    Capital cost have gone up hard since the start of the year. This has spooked the market a bit..
    https://hotcopper.com.au/data/attachments/4417/4417590-4d3333337f2bf18df50fc07be02ca39d.jpg
    https://hotcopper.com.au/data/attachments/4417/4417582-e925196b5f92524fe963cb12d18d81d2.jpg
    Mortgage exposure to a perceived bigger bad debt is possible here but until unemployment goes higher then that is just a perception.

    The improved revenue environment from higher rates will more than offset the higher funding cost. That is where deposits will make the big difference between the banks. CBA with moat like market share and not having to rely on growing the loan book to maintain earning should do well.
 
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Last
$127.38
Change
1.180(0.94%)
Mkt cap ! $213.1B
Open High Low Value Volume
$127.00 $127.61 $126.27 $277.5M 2.190M

Buyers (Bids)

No. Vol. Price($)
1 1360 $127.37
 

Sellers (Offers)

Price($) Vol. No.
$127.38 37154 9
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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