Don't know if this has been asked before, if so sorry. Given the...

First 4 Last

Share
Profile

Follow
Up

1,170 Posts.

3

04/10/21

15:34

Post #: 56549767
Share

Originally posted by bedger: ↑

Unlike the other banks CBA had plenty of franking credits to lean on so was under pressure to do a buy back of this style. But quite literally after some of the banks sold shares on the lows not 18 months ago, they are buying them back on the highs. Investors could do a lot worse than trade against the big fours' fiduciary management long-term - banks selling their shares on the low and buying them on the high.

133 basis points from its tier 1 capital is not insignficant and whilst CBA still has a decent buffer to APRA requirements, given over 20% of recent banks loans had a debt-to-income of ratio of six or more, which is considered risky by APRA, we can expect some changes from APRA soon.

Perhaps not the best timing to be significantly reducing your capita ratios.

Expand

Don't know if this has been asked before, if so sorry. Given the buy back numbers, and assuming the same pre and post capital worth minus $6b, what would be the expected new share price.

Last edited by Up: 04/10/21

CBA Price at posting: $104.80 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

ILU

Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

PDN

Paladin sinks over -9% as holders mull lofty Langer Heinrich uranium estimates

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $173.29		Change 0.870(0.50%)		Mkt cap ! $289.9B

Open	High	Low	Value	Volume
$172.59	$173.39	$170.67	$105.0M	610.2K

Buyers (Bids)

No.	Vol.	Price($)
2	24	$173.27

Sellers (Offers)

Price($)	Vol.	No.
$173.30	84	4

View Market Depth

No.	Vol.	Price($)
4	101	173.080
3	328	173.070
3	73	173.060
6	153	173.050
5	113	173.040

Price($)	Vol.	No.
173.130	50	3
173.140	95	3
173.150	1096	3
173.160	92	2
173.170	67	2

Last trade - 11.48am 23/07/2025 (20 minute delay)

CBA (ASX) Chart

Don't know if this has been asked before, if so sorry. Given the...

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

Paladin sinks over -9% as holders mull lofty Langer Heinrich uranium estimates

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Don't know if this has been asked before, if so sorry. Given the...

Top Stories

ASX Market Open: Extraordinary RBA vote minutes lead Oz futures into rise | July 23

Iluka hits guidance – but zircon win comes with warning on 'trade uncertainty'

Paladin sinks over -9% as holders mull lofty Langer Heinrich uranium estimates

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News