Commonwealth Bank of Australia

Commonwealth Bank of Australia

Commonwealth Bank of Australia

Overview
Date Founded

1991

Headquarters

201 Sussex Street, Ground Floor, Tower 1, Sydney, NSW, 2000, AUS

Type of Company

Public

Employees (Worldwide)

39K

Industries

Retail & Commercial Banking
Holding Companies
Accounting & Financial Services

Company Description

Commonwealth Bank of Australia engages in the provision of banking and financial services. It operates through the following segments: Retail Banking Services; Business and Private Banking; Institutional Banking and Markets; Wealth Management; New Zealand; and International Financial Services and Corporate Other. The Retail Banking Services segment provides home loan, consumer finance, and retail deposit products and servicing to all retail bank customers and non-relationship managed small business customers. The Business and Private Banking segment offers specialized banking services to relationship managed business and Agribusiness customers, private banking to high net worth individuals, and margin lending and trading through CommSec. The Institutional Banking and Markets segment serves the firm's major corporate, institutional, and government clients using a relationship management model based on industry expertise and insights. The Wealth Management segment includes the global asset management, platform administration, and financial advice and life and general insurance businesses of the Australian operations. The New Zealand segment comprises of banking, funds management, and insurance businesses operating in New Zealand. The International Financial Services segment incorporates the Asian retail and business banking operations; associate investments in Chinese and Vietnamese; the life insurance operations in Indonesia; and a financial services technology business in South Africa. The corporate Other segment includes support functions such as investor relations, group marketing and strategy, group governance, and group treasury. The company was founded in 1911 and is headquartered in Sydney, Australia.

Contact Data
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Executives & Employees

Chief Executive Officer & Managing Director

Deputy Chief Executive Officer

Chief Financial Officer

Co-Secretary & Group General Counsel

Executive General Manager, Global Markets

Group Chief Risk Officer

Group Executive, Enterprise Services & Chief Information Officer

Chief Innovation Officer

Chief Executive & Managing Director ASB

Chief Digital Officer

Board of Directors

Chancellor at University of Technology, Sydney

Senior Fellow Vice President, Intel Product Assurance & Security at Intel Corp.

Chief Executive Officer & Managing Director at Commonwealth Bank of Australia

Former Chief Executive Officer, Asia Pacific at Citigroup, Inc.

Former Director-Corporate & Institutional Banking at Westpac Institutional Bank

Former Chief Executive Officer, Executive Director & MD at BlueScope Steel Limited

Former Head-Risk Management at Westpac Banking Corp.

Former Chief Executive Officer, Executive Director & MD at Insurance Australia Group Ltd.

Former Chief Executive Officer at Spark New Zealand Ltd.

Partner, Intellectual Property at Ashurst LLP

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Commonwealth Bank of Australia
Owners & Shareholders
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BlackRock IM-Australia employs a disciplined process and analytical tools to construct portfolios from a variety of investment products across asset classes, market-caps, styles and geographies. Their enhanced-passive investment style is based mainly on an indexed approach and permits a large number of small, active stock positions in the portfolio, seeking to add value above the benchmark. The firm manages fixed-income portfolios with exposure to global bonds as well as bond portfolios denominated in various currencies. They partner with the BlackRock Solutions team to ensure standardized metrics for consistently assessing and managing risk in line with their clients' objectives.

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First Sentier Investors (formerly Colonial First State Global Asset Management) is a global asset management group focused on providing high quality, long-term investment capabilities to clients. We bring together independent teams of active, specialist investors who share a common commitment to responsible investment principles.

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Fidelity Australia is an active, long-term manager which believes that markets are semi-efficient, that inefficiencies exist in the pricing of stocks and that the inefficiencies can be exploited. The firm specializes in Australian equity for a broad range of investors and is backed by their parent company's global research network. They construct portfolios using a bottom-up process considering market trends but not being driven by them. Fidelity Australia is committed to proprietary research, with 90 percent of their research is produced in-house. The firm strongly believes that their ability to exploit market inefficiencies sets them apart and performs in-depth fundamental research and analysis for each considered security.

Recent Transactions
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AIA Group Ltd., AIA Australia Ltd. purchase Commonwealth Bank of Australia /Insurance Business from Commonwealth Bank of Australia

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Pacific Century Group Holdings Ltd., FWD Life Indonesia PT purchase PT FWD Insurance Indonesia from Commonwealth Bank of Australia

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KKR & Co., Inc., Kohlberg Kravis Roberts & Co. LP purchase Colonial First State Investments Ltd. from Commonwealth Bank of Australia

Transaction Clients
Investment Advisor

Advised on Prime Infrastructure Group purchases Cross-Sound Cable Co. LLC from Hydro-Québec

Lender

Advised on The Riverside Company purchases Global Orthopaedic Technology Pty Ltd

Transaction Advisors
Accountant

Advised onGreat Energy Alliance Corp. Pty Ltd. purchases Loy Yang Power Management Pty Ltd. from CMS Energy Corp., NRG Energy, Inc.

Investment Advisor

Advised onAIA Group Ltd., AIA Australia Ltd. purchase Commonwealth Bank of Australia /Insurance Business from Commonwealth Bank of Australia

Legal Advisor

Advised onCommonwealth Bank of Australia purchases HBOS Plc /Bank of Western AU & St Andrews AU Ops from HBOS Plc

Legal Advisor

Advised onKKR & Co., Inc., Kohlberg Kravis Roberts & Co. LP purchase Colonial First State Investments Ltd. from Commonwealth Bank of Australia

Executive Counsel

Advised onKKR & Co., Inc., Kohlberg Kravis Roberts & Co. LP purchase Colonial First State Investments Ltd. from Commonwealth Bank of Australia

Legal Advisor

Advised onKKR & Co., Inc., Kohlberg Kravis Roberts & Co. LP purchase Colonial First State Investments Ltd. from Commonwealth Bank of Australia

Advisors & Consultants
Advisor

Chief Executive-Funds Management at Challenger Diversified Property Group

Advisor

Former Chancellor at University of Wollongong

Consultant

Partner at Valor Equity Partners

Clients

AIA Group Limited and its subsidiaries (collectively “AIA” or “the Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has operations in 16 markets in Asia Pacific – wholly owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 92 per cent subsidiary in Sri Lanka and a 26 per cent joint-venture in India. It had total assets of US$119,494 million as of 31 May 2012.

PT Panin Financial Tbk engages in the business of reinsurance and general insurance solutions. It offers life insurance and other related products as well as financing and securities. The company was founded on July 19, 1974 and is headquartered in Jakarta, Indonesia.

Pacific Assets Trust Plc is a closed-end investment trust, which engages in investing on behalf of institutional investors and pension funds, wholesale distributors and platforms, financial advisers, and clients. Its objective is to achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian Subcontinent, but excluding Japan, Australia, and New Zealand. The company was founded on December 21, 1984 and is headquartered in Edinburgh, the United Kingdom.

Key Stats and Financials As of 2020
Market Capitalization
$122B
Total Enterprise Value
$214B
Earnings Per Share
$3.75
Enterprise Value / Sales
8.68x
TEVNet Income
32.23x
Debt TEV
0.66x
Three Year Compounded Annual Growth Rate Of Revenue
-6.83%
Revenue
$24.6B
Total Equity
$49.6B
Total Debt
$142B
Net Profit
$6.63B
Investments
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Klarna Holding AB provides electronic commerce payment solutions. Its services allows consumers to make online purchases using electronic mail address and postcode. The firm's software also allows clients to have a product delivery before paying for it. The company was founded by Sebastian Marcin Siemiatkowski, Gustav Erik Niklas Adalberth, and Karl Anders Victor Jacobsson in 2005 and is headquartered in Stockholm, Sweden.

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Forth Health Ltd. owns stake in hotel project. It is headquartered in London, the United Kingdom.

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Capital Hospitals Ltd. develops, maintains and finances hospitals. It operates as a special purpose vehicle contracted to design, construct, and partially to operate hospitals at the Royal London and St. Bartholomew sites. The firm also offers facilities support activities. The company is headquartered in Swanley, the United Kingdom.

Investors
Details Hidden

Life Peer at United Kingdom House of Lords

Suppliers
OneSpan, Inc. Accounting & Financial Services | Oakbrook Terrace, IL

VASCO is a world leader in strong authentication and e-signature solutions, specializing in online accounts, identities and transactions. As a global software company, VASCO serves a customer base of approximately 10,000 companies in over 100 countries, including more than 1,700 international financial institutions. In addition to the financial sector, VASCO's technologies secure sensitive information and transactions for the enterprise security, e-commerce and e-government industries.

Commonwealth Property Office Fund Trusts & Funds | Sydney, Australia

Commonwealth Property Office Fund is an office sector specific Australian real estate investment trust. It owns and manages portfolio of office properties; and invests in prime quality office buildings located in the central business district and major suburban markets in Australia. The company is managed by Colonial First State Property Ltd. Commonwealth Property Office Fund was founded on April 29, 1999 and is headquartered in Sydney, Australia.

Challenger Diversified Property Group Real Estate Investment Trusts | Sydney, Australia

Challenger Diversified Property Group invests in office, retail and industrial properties. It provides investors with an exposure to a geographically diverse portfolio of high quality assets in the office, retail and industrial property sectors. The firm is constituted by two trusts: Challenger Diversified Property Trust 1 and Challenger Diversified Property Trust 2. The Challenger Diversified Property Trust 1 holds passive property assets. The Challenger Diversified Property Trust 2 holds active property transactions. The company was founded on September 12, 2006 and is headquartered in Sydney, Australia.

Competitors
National Australia Bank Ltd. Retail & Commercial Banking - Melbourne, Australia

National Australia Bank Ltd. engages in the provision of banking and financial services. Its services include banking, credit and access card facilities, leasing, housing and general finance, international banking, investment banking, wealth management, funds management and custodian, trustee and nominee services. The company operates through five segments: Consumer Banking & Wealth, Business & Private Banking, Corporate & Institutional Banking, NZ Banking, and Corporate Functions & Other. The Consumer Banking & Wealth segment provides customers with access to independent advisers, including mortgage brokers and the financial planning network of self-employed, aligned and salaried advisers in Australia. The Business & Private Banking focuses on serving customers through NAB Business franchise and specialist services in key segments. The Corporate & Institutional Banking segment provides lending and transactional products and services related to financial and debt capital market, custody and alternative investments. The NZ Banking segment comprises of retail, business, agribusiness, corporate and institutional, and insurance franchises in New Zealand that operates under the Bank of New Zealand brand. The Corporate Functions and Other segment include treasury, technology and other supporting units. The company was founded on October 4, 1858 and is headquartered in Melbourne, Australia.

Australia and New Zealand Banking Group Limited Retail & Commercial Banking - Docklands, Australia

Australia & New Zealand Banking Group Our history dates back over 175 years. We are committed to building lasting partnerships with our customers, shareholders and communities in 32 countries in Australia, New Zealand, throughout Asia and the Pacific, and in the Middle East, Europe and America. We provide a range of banking and financial products and services to around 8 million customers. We employ 48,000 people worldwide. Business strategy We aim to become a super regional bank. This involves growing our presence in the Asia Pacific region and source 25-30% of earnings from our Asia Pacific Europe and America Division by 2017, while also being very focused on growth in our core domestic businesses in Australia and New Zealand. We have a coherent strategy to drive competitive advantage:

Westpac Banking Corp. Retail & Commercial Banking - Sydney, Australia

Westpac Banking Corporation (Westpac) was founded in 1817 and was the first bank established in Australia. Westpac began trading on 8 April, 1817 as the Bank of New South Wales with a single office in Macquarie Place, Sydney. In 1982, with the merger of the Commercial Bank of Australia, it changed its name to Westpac Banking Corporation. On 23 August 2002, Westpac was registered as a public company limited by shares under the Australian Corporations Act (2001). In December 2008, Westpac merged with St.George Bank Limited.

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