Down 16%, but there’s a big upside to the CBA share price slump
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What a month it has been for the Commonwealth Bank of Australia (ASX: CBA) share price. It was only a little over two weeks ago that CBA shares were just under $180 a share, a level investors might have become used to seeing over 2025.
But, at the time of writing on Thursday afternoon, those same shares are under $160, sitting at $159.97, to be precise.
Investors evidently did not like what they saw when CBA released its latest quarterly report on Tuesday.
As we covered at the time, this report revealed CommBank enjoyed a 3% growth in its operating income, thanks to growth in deposits and lending. However, expenses were up by 4%, tempering that lift in income. Further, CBA also saw its net interest margin…
