1H24 Financial Results
Why CBA?
Leading franchise - strong balance sheet settings - supporting sustainable returns
Consumer MFI share¹ (%)
Home lending share² (%)
Household deposits share³ (%)
35.0%
Deposit funding
Peers as at September 20234
75% 71% 68% 66%
Business MFI share1 (%)
Business deposits
market share
23% 21% 18% 16%
24.5%
CBA Peer 3 Peer 1 Peer 2
CBA Peer 2 Peer 3 Peer 1
26.6%
26.3%
20.5%
16.5%
20.6%
18.9%
14.0%
17.7%
12.0%
11.9%
12.9%
16.5%
13.8%
11.8%
CBA
Peer 3
Peer 2
Peer 1
CBA
Peer 3
Peer 2
Peer 1
CBA
Peer 3
Peer 2
Peer 1
CBA
Peer 3
Peer 2
Peer 1
Provisioning (%)
Total provision coverage to Credit RWA5
Peers as at September 2023
CET1 capital (%)
Capital binding constraint
Peers as at September 2023
ROE (cash)7 (%)
Peers as at September 2023
Est. ROE
(cash incl.
franking)8
Shareholder returns (%)
Total Shareholder Return⁹
10 year
3 year
134%
17%
65%
42% 23%
59% 54% 40% 38%
15%
1.64%
1.58%
13.2%
12%
CBA Peer 2 Peer 1 Peer 3
Peer 2 CBA Peer 3 Peer 1
1.45%
1.26%
(L1)
12.4%
(L2)
12.3%
(L2)
12.1%
(L1)
11%
5 year
ROE 13.8%
91%
21%
(cash)7
12.0%
64%
1 year
16%
10.5%
40%
11% 8%
8.7%
17%
CBA Peer 2 Peer 1 Peer 3
Peer 1 CBA Peer 2 Peer 3
CBA
Peer 2
Peer 3
Peer 1
Peer 1
Peer 3
CBA
Peer 2
CBA
Peer 2
Peer 1
Peer 3
1. Refer to the glossary for source information. 2. CBA source: RBA Lending and Credit Aggregates. Peer source: Peer APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS) balance divided by
RBA Lending and Credit Aggregates system balance. 3. Source: APRA Monthly Authorised Deposit-taking Institution Statistics (MADIS). 4. Calculated as total customer deposits divided by total funding
excluding equity. Peer data as derived from publicly available disclosures. 5. Total provisions divided by credit risk weighted assets. Peer 2 excludes estimated impairment provisions for derivatives at fair value
for consistency. 6. Binding constraint is the lower of Level 1 and Level 2 CET1 capital ratio. 7. Return on equity on a cash or cash equivalent continuing operations basis over average ordinary equity.
8. Estimated Return on equity (cash) including the benefit from franking credits which is recognised as 70% of the Australian tax generated in FY23 for peer banks and in 2H23 and 1H24 for CBA, relative to the
average shareholders' equity in the period. 9. Source: Bloomberg. Total Shareholder Return as at 29 December 2023.
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