Welcome to the bank bubble of 2024:
![](https://api.macrobusiness.com.au/wp-content/uploads/2024/03/1-56.png)
More to the point, the CBA bubble, which is now trading on 21.5xNTM, is richer than alleged bubbles like Google:
![](https://api.macrobusiness.com.au/wp-content/uploads/2024/03/2-30.png)
Even though there is no apparent profit growth for CBA:
Advertisement
![](https://api.macrobusiness.com.au/wp-content/uploads/2024/03/3-23.png)
Welcome to the bank bubble of 2024:
More to the point, the CBA bubble, which is now trading on 21.5xNTM, is richer than alleged bubbles like Google:
Even though there is no apparent profit growth for CBA:
The full text of this article is available to MacroBusiness subscribers