The Commonwealth Bank (ASX:CBA) share price plunges 19% and the premium is cracking
Commonwealth Bank (ASX:CBA) has been a wealth machine for decades, but a 19% share price plummet is forcing investors to reconsider what they’re really paying for.
When a bank that has spent years defying gravity suddenly stumbles, investors naturally look for meaning.
And the current Commonwealth Bank sell-off isn’t happening in a vacuum. It sits within a broader ASX 200 pullback, softer sentiment, and quarterly numbers that didn’t offer the growth narrative needed to support a world-leading valuation.
Yet one truth remains unchanged: Commonwealth Bank has been a generational wealth winner for those who bought years ago and simply let compounding do the heavy lifting.
No one can credibly argue against its track record. Over…
