Commonwealth Bank SWOT Analysis, Competitors & USP

Posted in Banking & Financial Services, Total Reads: 8947
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SWOT Analysis of Commonwealth Bank with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

Commonwealth Bank

Parent Company

Commonwealth Bank

Category

Banking and Financial Services

Sector

Banking & Financial Services

Tagline/ Slogan

-

USP

Approval of personal loans within the same working day.

Commonwealth Bank STP

Segment

Australian citizens and international clients

Target Group

Australian citizens, international clients and businesses requiring banking services

Positioning

A bank which provides services in a simple and effective manner.

Commonwealth Bank SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Commonwealth Bank. Strengths are:

1. The bank owns various brands such as Bankwest, ASB Bank, Commonwealth Securities Limited and Commonwealth Insurance Limited.
2. The bank has operations in various countries such as New Zealand, Fiji, USA and the United Kingdom
3. The bank is the one of largest Australian listed company on the Australian Securities Exchange.

4. The bank is one of the “Big four” Australian banks, in the same league as National Australian bank, Westpac and ANZ.

5. The bank provides services such as Insurance, Consumer banking, Corporate banking, Investment banking, Global wealth management, Private equity, Mortgages, Credit cards

6. The bank has a strong revenue and increasing profit

7. The bank employs over 44,000 employees . The bank is the only financial services organisation to appear in the Dream Employers' top 20 list of preferred employers

Weaknesses

Here are the weaknesses of Commonwealth Bank :

1. The bank was involved in controversies which was started by a action group and website called “Unhappy Banking”
2. The financial strength rating by Moody’s provided for the Commonwealth bank is B-
3.The bank sees a loan impairment expense which is a concern

Opportunities

Following are the Opportunities of Commonwealth Bank :

1. Implementation of technology into the core banking activities will help the bank to increase its quality of services and hence increase its reach.
2.Initiatives such as “One Commbank” helps build relationships with customers which is very important for sustained growth

3. Expansion of activities in Asia and other emerging markets can help the bank to have long term growth.

Threats

The threats of Commonwealth Bank are as mentioned :

1. The banks activities and profits are affected by the investor confidence in the global economy. A weak economic outlook can lead to stagnation or decline in growth.
2. The bank can face risk due to changes in foreign exchange rates as it has operation based on various geographies.
3. The bank can face default risk due to counter party not being able to meet their obligations influx

Commonwealth Bank Competition

Competitors

Below are the 3 main Commonwealth Bank competitors :

1. National Australian bank
2. Westpac
3. ANZ


The brandguide table above concludes the Commonwealth Bank SWOT analysis along with its marketing and brand parameters. Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry.

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