Commonwealth Bank of Australia

Type: Public
On the web: http://www.commbank.com.au
Employees: 424,186
Employee growth: 842.1%

Commonwealth Bank of Australia (CBA), one of Australia's Big Four banks, offers retail and commercial banking, insurance, and investment services, including credit cards, home loans, deposit accounts, and mutual funds. CBA's brands include wealth manager Colonial First State, master trust services provider FirstChoice, online brokerage CommSec, and ASB Bank, which provides banking, investment, and financial services in New Zealand. CBA has approximately 1,200 branch offices in Australia (plus approximately 3,800 Australia Post locations), as well as operations that reach Asia, Europe, and the US. The company's 2008 acquisition of BankWest from HBOS bolstered its position in western Australia.

Key numbers for fiscal year ending June, 2011:
Sales: $48,964.8M
One year growth: 36.8%
Net income: $6,685.4M
Income growth: 40.2%

Officers:
Chairman: David J. Turner
CFO: David Craig
Group Executive, Enterprise Services and CIO: Michael R. Harte

Competitors:
Australia and New Zealand Banking
National Australia Bank
Westpac Banking

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