CBA raised home loan rates: CBA stock gains 1.22 percent

Published on 10/09/2026 at 12:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cash profit reached AUD 10.982 billion in fiscal 2026, up 7.00 percent. CBA stock costs EUR 92.99 on October 9, 2026 after EUR 91.87.

Key points in brief

Commonwealth Bank of Australia had raised variable home loan rates by 0.25 percentage points from October 9, 2026.
Fiscal 2026 cash net profit after tax reached AUD 10.982 billion, up 7.00 percent from fiscal 2025.
CBA stock was trading at EUR 92.99 at Lang & Schwarz on October 9, 2026 at 12:01 p.m. CEST, plus 1.22 percent versus the prior close.

CBA, AU000000CBA7, Illustration mit AI erstellt.

Commonwealth Bank of Australia (ISIN AU000000CBA7) had raised variable home loan rates by 0.25 percentage points from October 9, 2026, and CBA stock was trading at EUR 92.99 at Lang & Schwarz on October 9, 2026 at 12:01 p.m. CEST, plus 1.22 percent versus the prior close of EUR 91.87. ABC News reported the 0.25-percentage-point increase on September 30, 2026.

Three events shape the current picture

On June 30, 2026, Commonwealth Bank reported fiscal 2026 cash net profit after tax of AUD 10.982 billion, up 7.00 percent from fiscal 2025. The bank also reported a fully franked dividend of AUD 5.05 per share for fiscal 2026, according to its 2026 AGM notice.

On September 1, 2026, Julie Coates joined the board as an independent non-executive director. On September 30, 2026, the bank confirmed the 0.25-percentage-point increase in variable home loan rates, effective October 9, 2026, according to ABC News.

What does the rate move mean for earnings?

The repricing affects a major lending channel, but it also raises monthly costs for variable-rate borrowers. That makes the AUD 10.982 billion fiscal 2026 cash profit a useful benchmark: the rate decision supports loan pricing while potentially weighing on future credit demand.

AGM dates add a near-term checkpoint

Shareholders must submit direct votes or proxy appointments by October 12, 2026, before the annual general meeting on October 14, 2026. The meeting notice also says CBA serves more than 18 million customers and reported operating income of AUD 30.224 billion for fiscal 2026, up 6.00 percent from fiscal 2025, according to the AGM notice.

For market context, Investing.com listed 14 analyst ratings and an average 12-month target of AUD 125.64 as of October 8, 2026. Its table showed Citi maintaining a Sell rating with an AUD 141.00 target dated September 16, 2026, while the ASX quote stood at AUD 149.29 in the finance data snapshot on October 9, 2026.

Stock trades above the prior close

CBA stock was trading at EUR 92.99 at Lang & Schwarz on October 9, 2026 at 12:01 p.m. CEST, up 1.22 percent versus the Lang & Schwarz prior close of EUR 91.87. The primary listing is ASX in AUD, where the finance data snapshot showed AUD 149.29, a 52-week range of AUD 146.98 to AUD 185.59 and market capitalization of AUD 249.6 billion on October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Commonwealth Bank of Australia stock.