The Commonwealth Bank of Australia (ASX: CBA) share price closed just 0.1% higher on Wednesday afternoon, at $178.68 a piece. The banking giant’s shares have enjoyed an incredible rally over the past five weeks.

After dropping to a low of $147.22 on the 21st of January, the CBA share price has surged 21.36%. 

The shares are now 10.9% higher for the year-to-date and 15.82% higher over the year.

What pushed the CBA share price higher in 2026?

CBA posted its half-year results in mid-January. The bank revealed a 6% increase in cash net profit to $5,445 million. It also lifted its interim dividend by 4% to $2.35 per share. 

At the time, CBA’s CEO, Matt Comyn said that economic growth strengthened during the…