Valuation Risks Loom Large Over Australia's Top Bank CBA's First-Half Earnings
Shares in CBA, Australia's biggest bank, have soared nearly 70% since November 2023 when the central bank lifted interest ...
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Regions get reprieve from bank closures, expanded services
The Albanese Government has secured commitments from banks to shore up rural banking services by halting closures and joining ...
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Monday, adding the slight losses in the previous ...
Citi Sticks to Their Sell Rating for Commonwealth Bank of Australia (CBA)
Citi analyst Brendan Sproules maintained a Sell rating on Commonwealth Bank of Australia (CBA – Research Report) today and set a price target ...
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CommBank and AWS expand collaboration to deliver global best cloud and AI capabilities, enabling idea to production in six weeks
CommBank has entered a five-year strategic collaboration with Amazon Web Services (AWS) to continue as the bank’s preferred ...
Australian Companies' High Valuations Face a Crucial Earnings Test
Australian banks will see a "relatively benign reporting season" characterised by stable margins and solid credit growth, Citi analysts said, although stretched valuations and high expectations are ...