CBA.AX Stock Today: February 5 — Earnings Loom as Valuation Debated
The CBA share price is back in the spotlight today as Commonwealth Bank of Australia (CBA.AX) trades near A$159.28, up 4.05% intraday. Despite the bounce, the stock is down 9.79% over 3 months and 2.52% year to date. With CBA earnings due on 11 February AEDT, investors are debating premium multiples after the recent 25 bp RBA rate hike. Margins, costs, and payments strategy are front of mind, and the result could reset views on Australia’s premium bank franchise and the CBA share price path.
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