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Sir David Higgins of Commonwealth Bank of Australia in second quartile of Large MCap Director Scorecard for past quarter


Sir David Higgins's performance as Director of Commonwealth Bank of Australia is ranked in the second quartile of BuySellSignals News Bites' Large MCap performers for the past quarter; a percentile ranking of 65.8. The shares were up 5.5% in AUD terms for the quarter ended August 07, 2019. In USD terms the price rise was 2.8%.

SECTION 1 BIOGRAPHY SIR DAVID HIGGINS, INDEPENDENT NON-EXECUTIVE DIRECTOR

Director of the Bank since September 2014. Sir David Higgins is the Chairman of the Remuneration Committee and a member of the Risk Committee.

Sir David is the Chairman of High Speed Two (HS2) Ltd, the company responsible for developing and promoting the UK's new high speed rail network. He is a senior advisor to Global Infrastructure Partners (US) and to Lone Star Funds. Prior to that, he was Chief Executive Officer of Network Rail Infrastructure Ltd which is involved in the maintenance and development of railway infrastructure throughout the UK.

From 2006 until 2011, he was Chief Executive Officer of the Olympic Delivery Authority where he oversaw the creation of the London 2012 Olympic Games venues, the Olympic Village and transport projects.

For the three years prior to 2005, he was Chief Executive Officer of English Partnerships, the UK Government's national housing and regeneration agency. In 1985, he joined Lend Lease, and was Managing Director and Chief Executive Officer of Lend Lease from 1995 until 2002.

Other Directorships and Interests: High Speed Two (HS2) Ltd (Chairman).

Qualifications: Bachelor of Engineering (Civil), USyd, and Diploma, Securities Institute of Australia.

Sir David is a resident of London, United Kingdom. Age 62.

SECTION 2 COMMONWEALTH BANK OF AUSTRALIA ACTIVITIES

Commonwealth Bank of Australia (CBA) is Australia's leading providers of integrated financial services, providing retail, business and institutional banking, funds management, superannuation, life insurance, general insurance, broking services and finance company activities. Their operations are conducted primarily in Australia and New Zealand. In addition, they also operate in a number of other countries, including the United Kingdom, the United States, China, Japan, Singapore, Hong Kong, Indonesia and South Africa.

SECTION 3 OTHER DIRECTORS OF COMMONWEALTH BANK OF AUSTRALIA

Matt Comyn, Chief Executive Officer & Managing Director
Catherine Livingstone, Chairman & Independent Non-Executive Director
Alan Docherty, Chief Financial Officer
Wendy Stops, Independent Non-Executive Director
Andrew Mohl, Independent Non-Executive Director
Brian Long, Independent Non-Executive Director
Robert Whitfield, Independent Non-Executive Director
Sir David Higgins, Independent Non-Executive Director
Anne Templeman-Jones, Independent Non-Executive Director
Shirish Apte, Independent Non-Executive Director
Mary Padbury, Non-Executive Independent Director
Clare McManus, Company Secretary

SECTION 4 RECENT NEWS ON DIRECTORS

4.1 SHAREHOLDER VALUE ADDED BY DIRECTORS

14 June 2019
Mary Padbury starts fourth year as Commonwealth Bank of Australia Non-Executive Independent Director

Mary Padbury was appointed Non-Executive Independent Director of Commonwealth Bank of Australia (ASX:CBA) three years ago on June 14, 2016. The shares were up from $A62.2 to $A79.8 and the total annualized return to shareholders (TRS) since appointment is 15.3%. The present value of AUD1,000 (PV1000) invested on the appointment date is now worth $A1,533, a gain of $A282 and dividend reinvested of $A251.

10 June 2019
Shirish Apte starts sixth year as Commonwealth Bank of Australia Independent Non-Executive Director

Shirish Apte was appointed Independent Non-Executive Director of Commonwealth Bank of Australia (ASX:CBA) five years ago on June 10, 2014. The shares were up from $A62.5 to $A80.0 and the total annualized return to shareholders (TRS) since appointment is 11.7%. The present value of AUD1,000 (PV1000) invested on the appointment date is now worth $A1,740, a gain of $A281 and dividend reinvested of $A459.

SECTION 5 COMMONWEALTH BANK OF AUSTRALIA PRICE PERFORMANCE SCORECARD (Australian:CBA):

5.1 The Past Year
Six-bagger Commonwealth Bank of Australia adds 14%
Commonwealth Bank of Australia (ASX:CBA), added $A9.96 (or 14.5%) in the past year to close at $A78.70 today. Compared with the All Ordinaries Index which has risen 3.6% over the same period, this is a relative price increase of 10.9%. A six-bagger, the value of AUD1,000 invested ten years ago is $A6,164 [vs $A1,531 for the All Ordinaries Index], for a capital gain of $A2,002 and dividend re-invested of $A3,162. The average annualised return to shareholders [TSR or Total Shareholder Return] has been 19.9% in the past ten years.

5.2 MCap History:
MCap: 5-Year Perspective
In the past 5 years Market Capitalization has increased by $A7.1 billion from $A132.2 billion to $A139.3 billion. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 4 out of 5 years.
  PriceMCap (AUD B)MCap (US$ B)
Last$A78.70139.393.3
1 Year ago$A68.74128.394.8
2 Years ago$A72.03139.6110.9
3 Years ago$A64.44130.699.7
4 Years ago$A67.38137.6101.3
5 Years ago$A61.91132.2123


5.3 Moving Annual Return (Past 5 years)
Based on a dynamic start date of 5 years ago, the real rate of return has averaged 11.6%. The Moving Annual Return has consistently exceeded 1%.
CBAClose (AUD)Dividends (AUD)Capital Gain / (Loss) %% YieldAnnual Return %
Aug 0778.74.3114.56.320.8
1 Yr ago68.744.3(4.6)61.4
2 Yrs ago72.034.2111.86.518.3
3 Yrs ago64.444.2(4.4)6.21.9
4 Yrs ago67.384.168.86.715.5


Close 5 years ago $A61.91

5.4 Present Value of $A1000 invested in the past
The present value of $A1000 invested a year ago is $A1,215
PV$10001-week1-month1-year
CBA.ASX9569681,215
All Ordinaries Index9559781,039


5.5 Trailing Price Change %
1-Year price change of 14.5% for Commonwealth Bank of Australia outperformed the change of 3.6% in the All Ordinaries Index for a relative price change of 10.9%.
Price Change %1-Month3-Month1-Year
CBA-3.25.514.5
Bank sector-2.54.10.8
All Ordinaries Index-3.63.23.6

SECTION 6 COMMONWEALTH BANK OF AUSTRALIA FINANCIALS AND GROWTH PERFORMANCE SCORECARD (Australian:CBA):

6.1 Key Financials (All figures percent)
Return on Equity deteriorated from 15.4% in 2016 to 12.0% in 2019 and EPS Growth deteriorated from -2.0% in 2016 to -8.7% in 2019.
CBARevenue GrowthEPS GrowthOperating MarginROE
2019--8.7-12
2018--10.1-13.4
2017-9-15.4
2016-9.1-23815.4


6.2 Growth
Annual Trend in EPS and EBITDA:
+ Profit growth and EBITDA growth have shown signs of deterioration in recent years. [Year ended, all figures in %]
YearEPS GrowthEBITDA Growth
Jun 18-7.5-1.8
Jun 1796.4


6.3 Revenue and Net Profit
In the last 3 years Compound Annual Growth Rate (CAGR) averaged 30.0% for EBITDA and -3.3% for Net Profit.
DescriptionAnnual ($A B)Annual ($US B)3-year Avg ($A B)3-year Avg ($US B)3-year CAGR %
EBITDA2820241730.0
Operating Profit2820241730.0
Net Profit8696-3.3

CAGR = Compound Annual Growth Rate

6.4 Performance (All figures in %)
Return on Capital Employed 3-year average is 28.2%.
DescriptionAnnual3-year Avg
Return on Equity12.013.6
Return on Assets0.90.9
Return on Capital Employed40.528.2


6.5 High Performance Indicator and rank of Commonwealth Bank of Australia in the Australian market:
DescriptionCBA ValueRank In Australian Market
Turnover in Quarter$A15.5 billionIn Top 1%

SECTION 7 COMMONWEALTH BANK OF AUSTRALIA GLOBAL RANK (Australian:CBA):

7.1 Global Rank
Rank in the All Ordinaries Index [out of 493 stocks]
DescriptionValueRank
MCap (US$)93.3B2
Total Assets (US$)653.2B1
Net Profit (US$)6.2B2
Return on Equity %13.8164
Price to Book2.4189
Price Earnings14.7150
Yield %5.5117
PV$1000 (1Year) US$*1,101163
% Change YTD11.8247

Aug 07, 2019: AUD 1 equals USD 0.6699

ISIN: AU000000CBA7

Commonwealth Bank of Australia
PermID: 4295856152

Source: www.BuySellSignals.com