Where could the CBA share price go in the next 12 months? Here’s what experts think
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The Commonwealth Bank of Australia (ASX: CBA) share price has soared more than 30% in the last 12 months. Can the ASX bank share deliver further gains in the next year, or is this as good as it gets?
The biggest bank recently reported its FY25 half-year results to investors.
The report for the six months to December 2024 perhaps justified some investor confidence in the share price’s rise in the previous months. CBA reported a cash net profit of $5.1 billion (up 2% year over year), a statutory net profit of $5.1 billion (up 6%), and a dividend hike of 5% to $2.25 per share.
Those were the headlines, but there were a couple of pleasing underlying statistics as well.
The loan impairment expense decreased by…
