Commonwealth Bank of Australia

Commonwealth Bank of Australia (also known as CommBank) is the biggest consumer bank in Australia in terms of assets, deposits and number of branches and ATMs. It provides a comprehensive range of retail, business and institutional banking services including transaction and savings accounts, foreign currency accounts, term deposits, personal and home loans, credit cards, car and equipment finance, superannuation, general and life insurance, international and online banking, investments and other services. The company was established in 1911 and today has over 17.6 million customers, 830,000 shareholders and 700 branches/services centres nationwide. CommBank shares are traded on the Australian Securities Exchange, with a market capitalization of A$250 billion as of November 11, 2024.

 Financials

Operating income A$27.17 billion (2024)
Net profit after tax A$9.85 billion (2024)
Total assets A$1.254 trillion (2024)
Total Group lending A$947.5 billion (2024)
Deposits A$881.6 billion (2024)
Shareholders’ equity A$73.1  billion (2024)
Number of employees 53,000+
Number of domestic branches 709
Number of ATMs 1,916

Credit ratings:
(Long term/Short-term)
Moody’s: Aa2/P-1/Stable
Fitch: AA-/F1+/Stable
Standard & Poor’s: AA-/A1+/Stable
Ratings as of October 2024

Head office address:
Darling Park Tower 1
201 Sussex Street
Sydney, New South Wales
Australia
Phone number: +61 2 9378 2000
Fax: +61 2 9118 7192
Website: www.commbank.com.au

Commonwealth New York branch
Level 30, 599 Lexington Avenue
New York 10022, USA
Phone number: +1 212 848 9200
Opening hours:
Monday - Friday, 8:00 am - 5 pm
Saturday, 9:00 am - 4 pm
Sunday - Closed

Commonwealth Bank London office:
CBA Europe Ltd
60 Ludgate Hill
London EC4M 7AW
United Kingdom
Phone: +44 20 7710 3999
Opening hours:
Monday - Friday, 8:30 am - 4 pm
Saturday, Sunday - Closed

Commonwealth Toronto branch:
43 - 43a the Boulevarde
Toronto NSW 2283, Canada
BSB number: 06 2822
Opening hours:
Monday - Friday, 9:30 am - 4 pm
Saturday, Sunday - Closed