Why did CBA shares jump today?

CBA beat expectations with A$5.45bn in H1 cash earnings and raised its fully franked interim dividend to A$2.35. That combination improved income visibility and confidence in the outlook. The CBA share price rallied about 12% and helped lift the ASX 200 above 9,000 as buyers chased the stronger result.

What is the new Commonwealth Bank dividend and franking?

The interim dividend is A$2.35 per share, fully franked. Franking credits can improve after-tax income for many Australian investors. The trailing dividend yield sits near 2.86%, with a payout ratio around 80%. Payment dates are subject to the company’s official schedule and announcements.

Is CBA expensive after the rally?

On trailing numbers, CBA trades around 27.3 times earnings and at roughly 3.60 times book value. That is a premium multiple relative to many banks, reflecting scale and profitability. Whether it is justified depends on margins, arrears, and growth. A strong outlook can support the CBA share price at higher valuations.

What risks could affect CBA in 2026?

A further RBA rate hike could raise funding costs and slow credit growth. Rising arrears, tougher deposit competition, and margin pressure are key watchpoints. Regulatory changes or lower housing turnover could also weigh on earnings. Monitoring net interest margin updates and credit quality trends will be critical for investors.

Global Market Insights

CBA.AX Stock Today: February 12 – Profit Beat Sends Shares Soaring

ByHuzaifa Zahoor February 12, 2026February 12, 2026

The CBA share price surged after Commonwealth Bank (CBA.AX) beat expectations with A$5.45bn in half-year cash earnings and raised its fully franked interim dividend to A$2.35. The move helped propel the ASX 200 back above 9,000. Investors are weighing stronger profit against rate risks flagged by CEO Matt Comyn. We break down what drove today’s jump in the CBA share price, how valuation now stacks up, key technical levels, and what to watch ahead of the bank’s next results.