Latest Commonwealth Bank News

Pinnacle Investment Management Group Limited (ASX: PNI) has extended and increased its debt facility with the Commonwealth Bank of Australia from $100 million to $250 million, enhancing its financial flexibility for growth.

BNK Banking Corporation announces the planned departure of CEO Allan Savins, with CFO Steve Kinsella stepping in as interim CEO from April 2026. The leadership transition marks a pivotal moment for the bank amid its ongoing growth and turnaround.

WAM Income Maximiser Limited has announced increased fully franked monthly dividends for Q2 2026, reflecting robust portfolio performance since its April 2025 IPO. The diversified investment strategy combining Australian equities and investment grade corporate debt has outperformed its benchmark by 6%, delivering both income growth and reduced volatility.

Bhagwan Marine has completed its $130 million acquisition of Riverside Marine, enhancing its service range and recurring revenue streams through a mix of equity and debt financing.

AVADA Group Limited has successfully refinanced its debt facilities with Commonwealth Bank of Australia, replacing a $40 million term loan with improved and more flexible financing arrangements.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

EVT Limited has successfully refinanced its debt facilities, increasing capacity to $750 million with improved interest margins, positioning the group for its strategic pivot towards the hotel sector.

Commonwealth Bank of Australia has updated its 2026 interim dividend details, confirming a fully franked payout of AUD 2.35 per share and setting the Dividend Reinvestment Plan price at AUD 174.47 with no discount.

Commonwealth Bank of Australia announces a fully franked quarterly distribution of AUD 1.2657 per security for its PERLS XII capital notes, payable mid-June 2026.

Latitude Group Holdings is considering launching a new Capital Notes 2 offer, potentially allowing existing CN1 holders to reinvest. The offer will require applications through appointed Syndicate Brokers under updated regulatory rules.

Kjerulf David Hastings Ainsworth has initiated a second proportional takeover bid for 5.5% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and cash certainty. The move underscores Ainsworth’s belief that AGI remains undervalued amid a low likelihood of competing bids.

NTAW Holdings has secured an extension of its financial covenant waiver from Commonwealth Bank, easing short-term credit pressures while continuing repayments on its borrowing facility.