Commonwealth Bank of Australia operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Commonwealth Bank of Australia with three other
banks in Australasia:
Westpac Banking Corporation
sales of 37.22 billion Australian Dollars [US$29.47 billion]
of which 20%
was Consumer Bank),
Bendigo and Adelaide Bank Ltd
(3.01 billion Australian Dollars [US$2.39 billion]
of which 31%
was Local connection), and
Australia and New Zealand Banking Group Limited
(39.50 billion Australian Dollars [US$31.27 billion]
Commonwealth Bank of Australia reported sales of A$41.21 billion (US$32.63 billion)
June of 2017.
a very small
increase of 0.1%
versus 2016, when the company's sales were A$41.19 billion.
Despite this increase, sales are still
below the level achieved in 2015, when Commonwealth Bank of Australia
reported sales of A$41.70 billion.
Sales of Ifs and Other saw an increase
that was more than double the company's growth rate: sales were up
28.3% in 2017, from
A$1.05 billion to A$1.35 billion.
Commonwealth Bank of Australia also saw significant increases in sales in
Retail Banking Services (up 8.3% to A$11.23 billion)
Business and Private Banking (up 1.6% to A$3.97 billion)
New Zealand (up 4.8% to A$2.31 billion)
Bank West (up 1.7% to A$1.89 billion)
Not all segments of Commonwealth Bank of Australia experienced an increase in sales in 2017:
sales of Wealth Management fell 4.1% to A$2.41 billion.