Why, particularly since the GFC, have Commonwealth Bank of Australia’s returns outpaced ANZ’s, NAB’s and Westpac’s? For decades, macro-economic conditions have affected each of the Big Four in much the same way; and since 2017-2018, in the wake of the findings of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, the reputation … [Read more...] about Does CBA deserve its premium?