Commonwealth Bank Stats

By   |   Verified by David Boyd   |   Updated 9 May 2024

We have thoroughly researched the key statistics of the Commonwealth Bank of Australia (CBA), Australia's largest financial institution by market share. We break down a range of data and insights that paint a comprehensive picture of Commbank's dominance in the banking industry.

With a market share of roughly 14.3%, CBA leads the pack among the Big Four banks and significantly influences Australia's financial industry. This analysis delves into the bank's expansive operations, which include a vast network of branches and ATMs across Australia and New Zealand and a global presence that extends to key international markets.

Key Commonwealth Bank statistics

Key Commonwealth Bank statistics

  • Market share: CBA is the largest bank in Australia, holding a market share of approximately 14.3%.
  • Leadership: Matt Comyn has been the CEO since April 9, 2018.
  • Corporate structure: CBA is a publicly traded Australian Securities Exchange (ASX) company.
  • Headquarters: Located at Tower 1, 201 Sussex Street, Sydney, in a modern nine-storey building.
  • Employment and operations: Employs around 51,800 staff and operates more than 11,000 branches globally. It maintains 741 branches and 1,956 ATMs in Australia and New Zealand.
  • Global ranking: 49th in the "Top 1000 World Banks" list in 2022.
  • Founding: Established in 1911 by the Australian government, with the first branch opening in Melbourne in 1912.
  • Acquisitions: CBA has invested over $2.66 billion in acquisitions.

Commonwealth Bank of Australia (CBA) leads the pack of the Big Four banks in Australia. Read on for interesting facts about Australia’s largest financial institution.


It's the biggest bank in Australia by market share, holding roughly 14.3%. (NZTE)

About CBA

Matt Comyn is the current CEO of the Commonwealth Bank of Australia (CBA). He has held this position since April 9, 2018. (Commonwealth Bank)

CBA is a publicly traded company, meaning it's no longer owned by the government but has shares available on the Australian Securities Exchange (ASX). (Commonwealth Bank)

The bank's headquarters are at Tower 1, 201 Sussex Street, in a brand new, nine-storey building on the western side of Sydney's city centre. (Wikipedia)

The bank employs around 51,800 staff and operates more than 11,000 branches. It is the largest bank in Australia and offers a diversified range of financial products and services. (Mortgage Choice)

In 2022, the Commonwealth Bank held the 49th position in the "Top 1000 World Banks"

According to the bank’s annual report, it has 741 branches and 1956 ATMS in Australia and New Zealand. (Commonwealth Bank)


The bank was founded in 1911 by the Australian government and opened its first branch in Melbourne in 1912. (RBA)


The company has spent over $2.66 billion on acquisitions. (Tracxn)


The bank has faced controversies, including fines for misleading customers and breaches of disclosure laws. These are some of the noteworthy scandals CBA has been embroiled in.

“Court whacks CBA with record $10 million fine for wage theft.” – 2024 (AFR)

“Law-breaking on a grand scale." Court told CBA failed to disclose non-compliance to investors” — 2022 (SMH)

“Commonwealth Bank found to have misled consumers.” A successful civil suit saw them paying out a whopping $700 million. – 2018 (ACCC)

“The inside account of how Commonwealth Bank tried to bury the scandal that sparked a royal commission.” – 2013 (ABC)

Employees and salaries

The average Commonwealth Bank of Australia salary ranges from approximately $60,803 per year for a Customer Service Representative to $193,068 for a Senior Engineering Manager. (Indeed)

Average Commonwealth Bank of Australia hourly pay ranges from approximately $30.42 per hour for a Customer Service Representative to $74.80 per hour for a Software Engineer. (Indeed)

In 2023, CBA decided to cut 192 back office jobs. (Reuters)

Global presence

While primarily focused on the Australian market, CBA also has a presence in New Zealand through its subsidiary ASB Bank. (Wikipedia)

They maintain offices in other locations like the United States, United Kingdom, and Asia to facilitate international trade and investment. (Wikipedia)

Products and services

CBA offers a wide range of financial products and services for individuals and businesses.

Key areas

Retail banking: Everyday transaction accounts, savings accounts, debit cards, credit cards, home loans, personal loans, and financial advice.

Business banking: Business transaction accounts, business loans, merchant services, international banking solutions, and risk management solutions.

Institutional banking: Services for institutional investors, government bodies, and large corporations.

Wealth management: Services and products catering to high-net-worth individuals.