The CBA share price has fallen 19% since June, is it a buy?
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The Commonwealth Bank of Australia (ASX: CBA) share price has declined 19% since 25 June 2025, as the chart below shows, which is a large decline for such a big business.
After such a big drop, investors may be wondering if this is a good time to buy into the ASX bank share.
CBA is commonly viewed as one of the highest-quality banks in the world, and comes with a price tag that reflects that (or even more).
Let’s take a look at whether a leading fund manager thinks the bank is a buy or still overvalued.
Earnings disappointed
Fund manager L1 Capital recently pointed out that the CBA share price declined 11% during November as the FY26 first quarter‘s earnings disappointed on its profit margins and as elevated…
