When was CommBank founded?

CommBank was founded in 1912 and raised its 1st funding round 97 years after it was founded.

Where is CommBank located?

CommBank is headquartered in Sydney, Australia. It is registered at New York, New York.

How many employees does CommBank have?

As of Mar 31, 2026, the latest employee count at CommBank is 47566.

Is CommBank a funded company?

CommBank is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Mar 18, 2009.

When was the latest funding round of CommBank?

CommBank's latest funding was a $***** Post IPO round on Apr 18, 2018, with participation from 0 investor.

Where does CommBank rank among its competitors?

CommBank ranks 5th amongst 81 active competitors, none of which are funded.

Who are the top competitors of CommBank?

CommBank's top competitors include Bank of America, Scotiabank and Westpac. Among them, Bank of America secured the most recent funding round in April, 2025.

CommBank - 2026 Company Profile, Team, Funding & Competitors

Company Details

Commonwealth Bank is a commercial bank. Their products and services include retail, business, and institutional banking, superannuation, life insurance, general insurance, and funds management. The company has operations in Australia. In 2022, the company recorded annual revenues of $25.33B and a net profit of $6.96B.

Website: www.commbank.com.au/
Social
Phone Number: +61 **********
Registered Address: New York, New York

Key Metrics

Founded Year

1912

Location

Sydney, Australia

Stage

Public

Latest Funding Round

Post IPO, Apr 18, 2018, $*****

Investors

AUI & 5 more

Ranked

5^th among 81 active competitors

Employee Count

47,566 as on Mar 31, 2026

Investment & Acquisitions

Hometime & 48 more

Similar Companies

BMO & 19913 more

Exit Details

Public

View CommBank's full profile

CommBank is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COMMONWEALTH BANK OF AUSTRALIA CIN: 132847964 , United States, Active	Dec 31, 1999	$1 - $1M (As on Feb 11, 2010)	89 (As on Dec 31, 2024)	-
CBA SERVICES PRIVATE LIMITED CIN: U74999KA2018FTC112232 , India, Active	Apr 12, 2018	₹1,000+ Cr (As on Mar 31, 2025)	5944 (As on Sep 30, 2024)

CommBank got listed on Sep 12, 1991.

Click here to take a look at CommBank's IPO in detail

CommBank has raised funding over 2 rounds. Its first funding round was on Mar 18, 2009. CommBank has 6 institutional investors.

Here is the list of recent funding rounds of CommBank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 18, 2018	8251032	Post IPO	8894179	7117052	4949681	5102677
Mar 18, 2009	5414287	Post IPO	8820217	6537482	4703489	3624671

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View details of CommBank's funding rounds and investors

The founders of CommBank are Luke Suttor and Daniel Keegan. Maheshi Jayaratne, Kavita Homairi, Scott Speedie, Michelle Keed, Paul Harvey and Liu Jennie are the CEOs of CommBank.

Here are the details of CommBank's key team members:

Luke Suttor: Product Owner - Global Commodities & Carbon COO of CommBank.
Daniel Keegan: Product Owner - Process Architecture of CommBank.

View details of CommBank's Founder profiles and Board Members

CommBank's employee count trend

CommBank has 47,566 employees as of Mar 26. Here is CommBank's employee count trend over the years:

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Top competitors of CommBank include Bank of America, Scotiabank and Westpac. Here is the list of Top 10 competitors of CommBank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	78/100
2nd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
3rd	Westpac 1817, Sydney (Australia), Acquired	Commercial bank	-	CVC, Greyrock Investments & 7 others	74/100
4th	National Australia Bank 1981, Melbourne (Australia), Public	Commercial bank for consumers and businesses	-	CVC, Greyrock Investments & 5 others	72/100
5th	CommBank 1912, Sydney (Australia), Public	Commercial bank	-	AUI, Carlton Investments & 4 others	71/100
6th	Bankwest 1895, Perth (Australia), Acquired	Private sector commercial bank	-	-	61/100
7th	Bendigo Bank 1995, Bendigo (Australia), Public	Commercial bank	-	Carlton Investments, Ethical Advisers Funds Management ... Read more	61/100
8th	St.George Bank 1937, Sydney (Australia), Acquired	Commercial Bank	-	-	60/100
9th	Bank of Queensland 1874, Brisbane (Australia), Public	Commercial bank	-	CVC, Carlton Investments	60/100
10th	Heritage Bank 1875, Toowoomba (Australia), Public	Commercial bank	-	-	59/100

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Looking for more details on CommBank's competitors? Click here to see the top ones

CommBank has made 45 investments in companies including Hometime and Auramet Trading. CommBank has also acquired 4 companies including PEXA and Aussie.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 29, 2026	Investments	Hometime	2016	Sydney (Australia)
Jun 24, 2025	Investments	Auramet Trading	2004	Teaneck (United States)
Apr 14, 2025	Investments	ACEN Australia	2016	Hobart (Australia)