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:
Bank of Queensland Limited
(2019
sales of 2.24 billion Australian Dollars [US$1.53 billion]
of which 26%
was BOQ Business),
Australia and New Zealand Banking Group Limited
(36.59 billion Australian Dollars [US$25.02 billion]
of which 22%
was Australia), and
Bendigo and Adelaide Bank Ltd
(2.95 billion Australian Dollars [US$2.01 billion]
of which 34%
was Consumer).
Sales Analysis.
Commonwealth Bank of Australia reported sales of A$40.59 billion (US$27.76 billion)
for the
fiscal
year ending
June of 2019.
This
represents
a
decrease of 3.6%
versus 2018, when the company's sales were A$42.10 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Commonwealth Bank of Australia had sales
of A$40.89 billion.
Contributing to the drop in overall sales was the 8.6% decline
in Institutional Banking and Markets, from A$2.67 billion to A$2.44 billion.
There were also decreases in sales in
Retail Banking Services (down 4.5% to A$11.34 billion)
.
However, these declines were partially offset by the increase in sales of
Business and Private Banking (up 48.5% to A$6.57 billion)
and
New Zealand (up 15.7% to A$2.47 billion)
and
Ifs and Other (up 10.6% to A$707.00 million)
.