This Wide-Moat Stock Has Been a Star Performer
With its record of high profitability and very strong shareholder returns, this banking firm stands out.
David Ellis: The Commonwealth Bank is one of Australia's four major wide-moat banks. It is the largest and most profitable bank in Australia, currently generating returns on equity in excess of 18%.
David Ellis does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.