Everyone is talking about Commonwealth Bank, still! The world’s most expensive bank just keeps getting dearer by the day, making its loyal retail shareholders richer and exacerbating an existential crisis among analysts and fund managers that have refused to yield and buy in.
What has really got the market fuming about the share price is that it has become untethered from the growth in the bank’s profits, which have been relatively stagnant.
Source: https://www.afr.com/companies/financial-services/the-market-is-more-bullish-on-commonwealth-bank-than-nvidia-20250605-p5m579