Commonwealth Bank of Australia (CBA)
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Australia's Largest Bank
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As at 24/01/2012 : see details at www.commbank.com.au
| 22/12/2011 |
Half-yearly Performance & Estimates - CBA
| Year-end June | FY11A | 1H12A | FY12A | 1H13A | FY13A | FY14E | FY15E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22,410 | 23,432 |
| EBITDA, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11,178 | 11,898 |
| EBIT, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11,353 | 11,997 |
| Report NPAT, $m | 6,851 | 3,585 | 7,129 | 3,788 | 7,835 | ||
| Adj. NPAT, $m | 7,835 | 8,058 | 8,426 | ||||
| Reported EPS, ¢ | 440.00 | 219.00 | 434.00 | 229.00 | 473.00 | ||
| Adjusted EPS, ¢ | 473.00 | 490.60 | 509.00 | ||||
| EPS %FY/Growth | 50% | -1% | 48% | 9% | 4% | 4% | |
| Dividend, ¢ | 320.0 | 137.0 | 334.0 | 164.0 | 364.0 | 378.50 | 394.90 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 0 | 0 | 0 | ******% | ******% | 49.9% | 50.8% |
| NPAT Margin | 0 | 0 | 0 | ******% | ******% | 36.0% | 36.0% |
| ROE, % | 19% | 0 | 17% | 9 | 17% | ||
| EBIT/Interest | 0.0 | 0.0 | 0.0 | ****** | ****** | ||
| Net Debt / Equity | 0 | 0 | 0 | 0 | 0.00 | ||
| CashFlow/Sh, ¢ | 1700.0 | 800.0 | -200.0 | 300.0 | 800.0 | 0.00 | 0.00 |
| Y/E Shares, m | 1,552 | 1,575 | 1,585 | 1,603 | 1,606 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios. |
Half-year Performance & Estimates - CBA
| Year-end June | 1H11A | FY11A | 1H12A | FY12A | 1H13A | FY13E | FY14E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21,351 | 22,218 |
| EBITDA, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10,352 | 11,042 |
| EBIT, $m | 3,61 | 0.00 | 0.00 | 0.00 | 0.00 | 10,619 | 11,366 |
| Report NPAT, $m | 3,344 | 6,851 | 3,585 | 7,129 | 3,788 | ||
| Adj. NPAT, $m | 3,788 | 7,546 | 7,920 | ||||
| Reported EPS, ¢ | 207.00 | 440.00 | 219.00 | 434.00 | 229.00 | ||
| Adjusted EPS, ¢ | 229.00 | 458.80 | 480.50 | ||||
| EPS %FY/Growth | 47% | 50% | -1% | 5% | 6% | 5% | |
| Dividend, ¢ | 132.0 | 320.0 | 137.0 | 334.0 | 164.0 | 357.00 | 375.00 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 0 | 0 | 0 | 0 | ******% | 48.5% | 49.7% |
| NPAT Margin | 0 | 0 | 0 | 0 | ******% | 35.3% | 35.6% |
| ROE, % | 17% | 19% | 0 | 17% | 9% | ||
| EBIT/Interest | 0.0 | 0.0 | 0.0 | 0.0 | ****** | ||
| Net Debt / Equity | 0 | 0 | 0 | 0 | 0.00 | ||
| CashFlow/Sh, ¢ | 1000.0 | 1700.0 | 800.0 | -200.0 | 300.0 | 0.00 | 0.00 |
| Y/E Shares, m | 1,542 | 1,552 | 1,575 | 1,585 | 1,603 |
| Notes |
| EPS Growth compared with the pcp is shown in most columns, except 1H10A and 1H11A which show the first half % of full year EPS. |
Half-year Performance & Estimates - CBA
| Year-end June | 1H10A | FY10A | 1H11A | FY11A | 1H12A | FY12E | FY13E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 20,388 | 21,486 |
| EBITDA, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9,892 | 10,640 |
| EBIT, $m | 0.00 | 0.00 | 3,61 | 0.00 | 0.00 | 10,120 | 10,828 |
| Report NPAT, $m | 2,952 | 5,939 | 3,344 | 6,851 | 3,585 | ||
| Adj. NPAT, $m | 3,585 | 7,126 | 7,555 | ||||
| Reported EPS, ¢ | 186.00 | 371.00 | 207.00 | 440.00 | 219.00 | ||
| Adjusted EPS, ¢ | 219.00 | 441.00 | 460.80 | ||||
| EPS %FY/Growth | 50% | 47% | 19% | 6% | 0% | 4% | |
| Dividend, ¢ | 120.0 | 290.0 | 132.0 | 320.0 | 137.0 | 329.50 | 347.00 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 0 | 0 | 0 | 0 | ******% | 48.5% | 49.5% |
| NPAT Margin | 0 | 0 | 0 | 0 | ******% | 35.0% | 35.2% |
| ROE, % | 17% | 17% | 17% | 19% | |||
| EBIT/Interest | 0.0 | 0.0 | 0.0 | 0.0 | ****** | ||
| Net Debt / Equity | 0 | 0 | 0 | 0 | 0.00 | ||
| CashFlow/Sh, ¢ | 200.0 | 300.0 | 1000.0 | 1700.0 | 800.0 | 510.3 | 431.7 |
| Y/E Shares, m | 1,528 | 1,542 | 1,542 | 1,552 | 1,575 |
| Notes |
| EPS Growth compared with the pcp is shown in most columns, except 1H10A and 1H11A which show the first half % of full year EPS. |
Company Overview
Wave Chart
Profile
Commonwealth Bank of Australia
Rating: ♥
Category: Best Stock ; Large
Action:
Website: www.commbank.com.au
| ASX code: | CBA |
| Closing Price, 30/12/2013: | $ 77.645 |
| Market Capitalisation: | $ 124,618 million |
| 52 Week High: | $ 79.88 |
| 52 Week Low: | $ 60.93 |
| Sector: | Diversified Banks |
| Index: | S&P/ASX 20 Index |
Summary of Fundamentals
| Year-end June | FY12A | FY13A | FY14E | FY15E |
|---|---|---|---|---|
| NPAT, $m | 7,129 | 7,835 | 8327.5 | 8668.4 |
| Reported EPS, ¢ | 434.00 | 473.00 | ||
| Adjusted EPS, ¢ | 485.80 | 503.00 | 526.00 | |
| EPS Growth, % | -1% | 12% | 4% | 5% |
| P/E Ratio, x | 17.89 | 15.98 | 15.44 | 14.76 |
| Dividend, ¢ | 334.0 | 364.0 | 386.10 | 403.30 |
| Franking, % | 100% | 100% | 100% | 100% |
| Div. Yield, % | 4.30 | 4.69 | 4.97 | 5.19 |
Notes
| Our Adjusted EPS is used for the last year and forward estimates and as basis for EPS Growth and P/E Ratio. We currently use Reported data for all historic NPAT, for the prior year EPS and as base for last year EPS growth. |
| Data & Chart sourced from IRESS Market Technology Ltd. |
One Year Chart
As at 30 December 2013
Other Highlights
| Sector: | Diversified Banks |
| Return on Equity, FY13 : | 17% |
| Net Debt to Equity, FY13 : | 0 % |
| EBIT / Interest Cover, FY13 : | 0 x |
| Gicscode: | 40101010 |
| First Listed: | 12-Sep-91 |
Business Activities
Commonwealth Bank of Australia (CBA) is Australia's largest bank and one of the 'Four Pillars'. It also operates in New Zealand and Asia, providing retail, business and institutional banking and wealth management services.
Glossary:
| ♠ | "A Core Stock" - reliable long-term yield & growth |
| ♥ | "We like it" - a seasoned performer, growth & yield |
| ♦ | "A tough scout" - creating a potential breakthrough |
| ♣ | "A steady performer" - giving reliable yield or growth |
| Best Stocks | Portfolio of selected attractive investments |
| Potential | Stocks that may have good improvement prospects |
| Speculative | More risky usually smaller stocks with spec. upside |
| Midcaps | In RR Midcap Index, $ 70m to 1,500m market cap. |
| Large Stocks | Larger Stocks upwards of $ 1,500m market cap |