Commonwealth Bank of Australia
|Company||Market Cap (USD)|
|Bank of America||$265.70 B|
|China Construction Bank||$161.53 B|
|Wells Fargo||$157.34 B|
Founded in 1911, the Commonwealth Bank of Australia, abbreviated CBA or CommBank, is a multinational bank providing services in retail, business, and institutional banking, funds management, superannuation, insurance, investment, and brokerage services. It operates across Australia, and abroad in New Zealand, Asia, the United States, and the United Kingdom.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.