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Commonwealth Bank Share Price – Live Price, Charts & Dividends

Henry Jones Williams • 2026-04-05 • Reviewed by Hanna Berg

Commonwealth Bank of Australia (ASX: CBA) currently trades at $172.80 AUD, marking a modest intraday advance of $0.90 despite a marginal decline from the prior session’s $173.18 close. As the nation’s largest lender by market capitalisation, the stock serves as a proxy for Australia’s financial sector health and monetary policy sensitivity.

Recent sessions have positioned CBA within a volatile 52-week band, reflecting broader institutional rotation and Reserve Bank of Australia interest rate expectations. Investors track the ticker not only for capital appreciation but for its defensive dividend characteristics and liquidity profile, with daily volumes averaging between 1.9 and 2.0 million shares.

The following analysis examines live pricing structures, historical trajectories, income distributions, and acquisition pathways based on verified exchange data and institutional filings.

What is the Current Commonwealth Bank (CBA) Share Price?

Current Price$172.80 AUD
Daily Change+0.52%
Market CapAU$287-290.33B
Dividend Yield2.83-3.01%

Key Market Insights

  1. CBA’s intraday recovery of +0.52% partially offsets the previous session’s -0.22% contraction.
  2. Market capitalisation exceeds AU$287 billion, consolidating its position as the ASX’s largest banking entity.
  3. The stock has appreciated 6.43% over the past month, demonstrating relative strength against the broader S&P/ASX 200.
  4. Valuation metrics indicate a trailing P/E ratio between 25.74 and 28.42, positioning the bank at a premium to historical averages.
  5. Forward-looking dividend yields are forecast at 3.01%, maintaining the bank’s classification as a conservative large-cap income generator.
  6. Price action remains elevated, trading 3.37% above the 200-day moving average.
  7. Shares exhibit heightened sensitivity to cash rate adjustments via the Reserve Bank of Australia.

Critical Metrics Snapshot

Metric Value Context
Current Price $172.80 AUD As of April 2-3, 2026 source
Market Capitalisation AU$287-290.33B Recent close basis source
P/E Ratio (TTM) 25.74-28.42 Trailing twelve months source
EPS (Basic) AU$6.05 TTM basis
Dividend Yield (Forward) 2.83-3.01% Indicated annual
Average Daily Volume 1.9-2.0M shares Recent trading sessions
YTD 2026 Performance +7.60% From $160.60 opening
52-Week High $192.00 Reached during 2025

CBA Share Price History and Performance

Long-term trajectory analysis reveals substantial appreciation from the June 2020 low of $69.42, punctuated by periodic volatility aligned with macroeconomic cycles. The security closed fiscal year 2024 at $127.38, advanced to $160.57 by year-end 2025, and currently maintains levels above $172 despite fiscal year 2026 opening at $184.21.

Annual Performance Trajectory

Historical year-end closes demonstrate consistent long-term appreciation: 2022 concluded at $90.38, 2023 at $100.27, and 2024 at $127.38. The 2025 calendar year delivered a 4.78% gain, while year-to-date 2026 shows a 7.60% advance from the $160.60 baseline despite recent quarterly volatility.

Recent Trading Patterns

Daily close data from late March through early April 2026 illustrates typical institutional churn: April 2 settled at $172.80 (+0.64%), April 1 at $171.90 (+1.75%), preceded by March 31 at $167.70 (-1.09%). This fluctuation occurs within a context where CBA has outperformed the All Ordinaries index by 8.72% over the trailing 365 days.

Fiscal Year Divergence

Despite positive calendar year-to-date gains, CBA’s fiscal year 2026 performance reflects a -6.19% contraction from its $184.21 opening, highlighting intrayear volatility between accounting periods.

What is the CBA Dividend Yield and History?

Income-focused investors observe CBA’s indicated dividend yield of 2.83%, with twelve-month forward projections reaching 3.01%. These distributions align with the bank’s profile as a conservative large-cap holding, though specific historical payout schedules beyond current indicative rates remain partially undisclosed in available filings.

Current Yield Metrics

The forward yield of approximately 3.01% positions Commonwealth Bank favourably against term deposit rates, though this income stream carries equity risk and potential capital volatility. Basic earnings per share of $6.05 provide coverage for current distribution levels, supported by net income exceeding AU$10.12 billion on a trailing basis.

Distribution Reliability

While exact ex-dividend dates and franking credits for upcoming periods await official declaration, the bank’s maintained status as a “Conservative Large Cap High Flyer” suggests continued commitment to shareholder returns alongside capital adequacy requirements mandated by APRA.

Analyst Forecasts and Investment Pathways

Market consensus remains bifurcated, with price targets spanning $100.00 to $146.00 AUD, ranges established prior to recent appreciation above $170. Independent models suggest a Q2 2026 projection of $169.05, while forward earnings estimates imply 4.97% EPS growth against a 12-month forward P/E of 25.74.

Target Price Staleness

Analyst price targets between $100.00 and $146.00 may reflect modeling from earlier quarters; current trading levels significantly exceed these projections, suggesting either outdated forecasts or anticipated corrective action not yet materialised.

How to Acquire CBA Shares

Commonwealth Bank lists exclusively on the Australian Securities Exchange under ticker CBA. Retail investors access the stock through online brokers including CommSec, nabtrade, Stake, or Superhero, or via full-service advisory relationships.

Acquisition requires a CHESS-sponsored brokerage account with funds deposited in USD to AUD converted currency where applicable. Orders execute during ASX trading hours of 10:00 AM to 4:00 PM AEST, with settlement occurring on a T+2 basis. Prospective holders should evaluate custody fees, brokerage costs, and concentration risk relative to broader portfolio diversification.

Order Timing

Market and limit orders for CBA shares process only during official ASX hours; after-hours submissions queue for the subsequent session’s opening auction.

Key Milestones in CBA Share Price History

  1. : Shares touch $69.42 amid pandemic-induced market stress. source
  2. : Year-end close at $90.38 signals post-lockdown recovery. source
  3. : Stock achieves triple-digit status, closing at $100.27. source
  4. : Price appreciates to $127.38, reflecting margin expansion. source
  5. : Annual peak reaches $192.00, establishing current 52-week high. source
  6. : Current trading level stabilises around $172.80. source

Established Facts vs. Market Uncertainties

Verified Data Uncertain or Projected
Live price $172.80 AUD (April 2-3, 2026) Analyst target accuracy ($100-$146 range potentially outdated)
Market capitalisation AU$287-290.33B Q2 2026 forecast reliability at $169.05
Historical year-end closes 2020-2024 Long-term EPS growth sustainability beyond 4.97%
Dividend yield 2.83-3.01% (indicated) Exact timing of next ex-dividend declaration
P/E ratio 25.74-28.42 (TTM) Impact of prospective RBA rate adjustments

Macroeconomic Drivers of CBA Valuation

Commonwealth Bank’s share price exhibits acute sensitivity to Reserve Bank of Australia monetary policy, particularly cash rate decisions affecting mortgage servicing costs and net interest margins. As the nation’s largest residential lender, CBA’s profitability correlates directly with housing market transaction volumes and credit growth cycles. For a comprehensive overview of CBA’s financial performance, including its share price history and dividend yields, refer to the Euro Pound exchange rate.

Currency fluctuations also influence international investor flows, with USD to AUD conversion rates impacting the effective yield for offshore portfolio allocations. The bank’s current valuation premium—evidenced by price-to-book ratios of 3.76—reflects market expectations of sustained above-system growth despite compressed margins in a high-rate environment.

Data Verification and Origins

ASX trade surveillance data confirms CBA as the exchange’s most liquid banking instrument, with pricing disseminated directly from the Centre Point order matching system.

— Australian Securities Exchange Company Information

CommBank’s investor relations portal utilises real-time feeds from the exchange to ensure parity between official disclosures and live market quotations.

— Commonwealth Bank of Australia Investor Centre

Key Takeaways for CBA Investors

Commonwealth Bank currently trades at $172.80 AUD within a 52-week range that tests both historical resistance and support levels, offering a 3.01% forward yield against a premium valuation multiple. Prospective investors should monitor ATO Agent Portal reporting obligations for dividend franking credits while remaining cognisant of interest rate sensitivity that could alter lending margins and capital adequacy ratios in subsequent quarters.

Frequently Asked Questions

What is CBA’s current market capitalisation?

Commonwealth Bank holds a market capitalisation between AU$287 billion and AU$290.33 billion based on recent closing prices and issued share capital.

Is Commonwealth Bank a good stock to buy?

Suitability depends on risk tolerance; CBA offers 3.01% forward dividend yield but trades at P/E multiples of 25.74-28.42, indicating premium valuation relative to historical norms.

What factors primarily affect CBA share price?

Primary drivers include Reserve Bank of Australia cash rate decisions, residential housing market trends, credit cycle dynamics, and institutional sector rotation.

What is the 52-week high for CBA shares?

CBA achieved a 52-week high of $192.00 during 2025, with the current price of $172.80 reflecting a retracement from this peak.

How does CBA compare to the broader ASX 200?

CBA has outperformed the All Ordinaries index by 8.72% over the trailing 365 days, demonstrating relative strength against the broader market benchmark.

What brokerage platforms provide access to CBA shares?

Major platforms include CommSec, nabtrade, Stake, and Superhero, all offering CHESS-sponsored holdings with direct registration of ownership.

Henry Jones Williams

About the author

Henry Jones Williams

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