5 Most Valuable Australian Companies

4. Commonwealth Bank of Australia ADR (OTC: CMWAY)

Market cap: $117.6 billion

Commonwealth Bank of Australia (CBA), or CommBank, ranks 4th on our list of the 15 most valuable Australian companies. Established in 1911, the multinational bank offers an array of financial services in retail, business, and institutional banking, fund management, pensions, insurance, investment, and brokerage. With its aim to contribute to the transition to net-zero emissions, Commbank announced in February 2020 its new “Commbank Green Loan” which allows homeowners to loan up to $20,000 to invest in renewable technology that can be repaid over ten years. 

Based on the company’s first-half of 2021 report, Commonwealth Bank of Australia posted a net profit of $4.7 billion, a decrease of 20.8% from the same period in 2020. Shares of CMWAY increased by 46.9% over the past twelve months. 

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