Commonwealth Bank of Australia (CBA), the nation’s largest company by market capitalization, is led by Matt Comyn, who became Managing Director and CEO in April 2018. At age 42, Comyn became the youngest-ever CEO of Commonwealth Bank. Originally trained in aviation — he holds a Bachelor of Aviation degree from UNSW — Comyn pivoted to banking at CBA in 1999 and rose through the ranks over two decades. In FY2025 (ending June 2025), CBA posted a record net profit of A$10.13 billion, with total assets of A$1.26 trillion and a market cap of approximately A$292 billion.
Read on to discover Commonwealth Bank of Australia CEO email address, Matt Comyn net worth in 2026, salary and compensation, career history, age, family, and more.
(Suggested: Westpac CEO – Anthony Miller)
Matt Comyn – Quick Facts
| Matt Comyn — At a Glance | |
|---|---|
| Full Name | Matthew “Matt” Comyn |
| Position | Managing Director & Chief Executive Officer |
| Company | Commonwealth Bank of Australia (ASX: CBA) |
| Age | 50 (born 1975) |
| Nationality | Australian |
| Education | B.Aviation, UNSW; M.Com (Finance), UNSW; EMBA, University of Sydney; GMP, Harvard Business School |
| Net Worth (2026) | ~A$30–50 Million (estimated) |
| Total Compensation (FY2025) | A$8.50M (~US$5.5M) |
| CEO Since | April 9, 2018 |
| Previous Role | Group Executive, Retail Banking Services, CBA |
| Headquarters | Sydney, Australia |
| [email protected] | |
Commonwealth Bank of Australia Competitors
Commonwealth Bank of Australia operates in the highly competitive Australian and global banking industry. Key competitors include:
- Westpac Banking Corporation – Second-largest Australian bank by market cap
- ANZ Banking Group – Major Big Four bank with Asia-Pacific focus
- National Australia Bank (NAB) – Big Four bank strong in business banking
- Macquarie Group – Diversified financial services and investment banking
- HSBC Holdings – Global banking competitor in the Asia-Pacific region
Matt Comyn Net Worth 2026 – Commonwealth Bank CEO Salary
Matt Comyn’s net worth is estimated at A$30–50 million as of 2026, based on CBA shareholdings worth approximately A$13 million and accumulated compensation since becoming CEO in 2018. His total compensation for FY2025 (year ended June 2025) was approximately A$8.50 million (~US$5.5M), representing a 19% increase from the prior year. This comprised A$2.80M in fixed salary and approximately A$5.70M in variable and performance-based pay.
CEO Compensation Breakdown (FY2025)
| Component | Amount (AUD) | Share |
|---|---|---|
| Fixed Salary | A$2,800,000 | 32.9% |
| Variable/Bonus (STI + LTI) | A$5,700,000 | 67.1% |
| TOTAL | A$8,500,000 | 100% |
Key Insight: Approximately 67% of Matt Comyn’s pay is performance-based, aligning his compensation with CBA’s financial results. He also holds A$13 million worth of CBA shares directly, demonstrating significant personal investment in the company.
Commonwealth Bank Financial Summary (FY2025)
| Metric | FY2025 | YoY |
|---|---|---|
| Operating Income | A$28.5B | ▲ 5% |
| Net Profit After Tax | A$10.13B | ▲ 7% |
| Total Assets | A$1,260B | |
| Loan Impairment Expense | A$726M | ▼ 10% |
| Employees | ~51,600 | |
| Market Cap (2026) | ~A$292B (~US$190B) |
Record Profit: CBA posted a record statutory NPAT of A$10.13 billion in FY2025, up 7% year-over-year. In H1 FY2026 (ending Dec 2025), CBA continued its momentum with NPAT of A$5.41 billion, up 5%, supported by strong lending and deposit growth.
Matt Comyn Career & Education
Matt Comyn’s journey to running Australia’s largest bank began with an unexpected starting point: aviation. After earning a Bachelor of Aviation from the University of New South Wales, he briefly worked at an aviation logistics company before joining Commonwealth Bank in 1999 at age 24. Over nearly two decades, he rose through the ranks — running CommSec (CBA’s online brokerage), leading local business banking, and heading the retail banking division before being appointed CEO at age 42.
Career Timeline
| Period | Position | Organization |
|---|---|---|
| 1998 | Aviation logistics role (7 months) | Aviation company |
| 1999 | Joined as analyst/associate | Commonwealth Bank of Australia |
| 2006–2010 | Managing Director, CommSec | CBA (online brokerage) |
| 2010 | Brief stint at Morgan Stanley’s Australian brokerage | Morgan Stanley |
| 2010–2012 | Exec General Manager, Local Business Banking | CBA |
| 2012–2018 | Group Executive, Retail Banking Services | CBA |
| Apr 2018–Present | Managing Director & CEO | Commonwealth Bank of Australia |
Education
| Institution | Degree / Program |
|---|---|
| University of New South Wales (UNSW) | Bachelor of Aviation |
| University of New South Wales (UNSW) | Master of Commerce (Finance) |
| University of Sydney | Executive MBA |
| Harvard Business School | General Management Program (GMP) |
Matt Comyn Wiki – Age, Family & More
Matt Comyn, age 50, was born in 1975 in Paddington, a suburb of Eastern Sydney, Australia. He was raised by a single mother and attended Sydney Boys High School before pursuing his Bachelor of Aviation at UNSW — he originally planned a career in aviation. He also holds a Master of Commerce (Finance) from UNSW, an Executive MBA from the University of Sydney, and completed the General Management Program at Harvard Business School.
Comyn is married to Lucy-Ellen, who is originally from England and runs her own business. Together they have three children — two daughters and a son — and the family lives in Randwick, Eastern Sydney. At 42, he became the youngest-ever CEO of Commonwealth Bank.
Commonwealth Bank CEO Email Address | Matt Comyn Contact
To contact Matt Comyn, try writing to [email protected]. His LinkedIn profile is at linkedin.com/in/mattcomyn. For CBA customer service, call 13 2221 or visit commbank.com.au/support.
| Contact Information | |
| Email Address | [email protected] |
| linkedin.com/in/mattcomyn | |
| Corporate HQ | Tower 1, 201 Sussex Street, Sydney NSW 2000, Australia |
| Customer Service | 13 2221 (within Australia) |
| Website | commbank.com.au |
CEO Comparison – Big Four Australian Bank CEOs
| CEO | Company | Total Comp (FY2025) | CEO Since |
|---|---|---|---|
| Matt Comyn | Commonwealth Bank (CBA) | A$8.50M | 2018 |
| Anthony Miller | Westpac | ~A$6.0M | 2023 |
| Shayne Elliott | ANZ Banking Group | ~A$7.0M | 2016 |
| Andrew Irvine | NAB | ~A$6.5M | 2024 |
About Commonwealth Bank of Australia
Commonwealth Bank of Australia (ASX: CBA) is Australia’s largest company by market capitalization and its biggest bank, with A$1.26 trillion in total assets. Founded in 1911 by the Australian government and privatized between 1991 and 1996, CBA serves approximately 16 million customers through its retail, business, institutional, and wealth management divisions. The bank operates primarily in Australia and New Zealand, with a presence in Asia, Europe, and North America. Headquartered in Sydney, it employs approximately 51,600 people and is consistently ranked among the top 15 largest banks globally.
Frequently Asked Questions (FAQ)
What is Matt Comyn’s net worth?
Comyn’s net worth is estimated at A$30–50 million based on CBA shareholdings worth approximately A$13M and accumulated compensation since becoming CEO in April 2018.
Did Matt Comyn study aviation?
Yes. Comyn holds a Bachelor of Aviation from UNSW and originally planned an aviation career before pivoting to banking at CBA in 1999. He later earned an M.Com (Finance) from UNSW, an EMBA from the University of Sydney, and completed Harvard Business School’s General Management Program.
How old was Matt Comyn when he became CBA CEO?
Comyn was 42 years old when appointed CEO in April 2018, making him the youngest-ever CEO of Commonwealth Bank of Australia.
What is the Commonwealth Bank CEO salary?
Comyn’s total compensation for FY2025 was A$8.50 million (~US$5.5M), comprising A$2.8M fixed salary and A$5.7M in variable and performance-based pay, a 19% increase from the prior year.
How big is Commonwealth Bank?
CBA is Australia’s largest company by market cap (~A$292B), with A$1.26T in total assets, 16 million customers, approximately 51,600 employees, and a FY2025 net profit of A$10.13 billion.
Is CBA the biggest bank in Australia?
Yes. Commonwealth Bank is the largest Australian bank by market capitalization and customer count, and one of the top 15 largest banks globally by total assets.
Article last updated: March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including company annual reports, ASX filings, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source.