Here's why the CBA (ASX:CBA) share price has beaten the ASX 200 in the last 3 months

www.fool.com.au
2 min read
fairly easy
The Commonwealth Bank of Australia (ASX: CBA) share price has beaten the ASX 200 Index over the last 3 months. We take a look into what's driving its shares higher.
The Commonwealth Bank of Australia (ASX: CBA) share price has been treading higher in recent times. In fact, shares in Australia's largest bank have outpaced the S&P/ASX 200 Index (ASX: XJO) over the past 3 months. Correspondingly, a 3% gain versus a 0.9% lift.

At Friday's closing bell, CBA shares increased their lead further by adding 0.89% to $101.70. On the other hand, the ASX 200 Index lost 0.43% to 7,338.3 points.

What's driving CBA shares higher?

Investors have been buying up on the CBA share price in 2021 as the company continues to impress the market.

According to last month's full-year results, CBA reported a 19.7% jump on statutory net profit…
Aaron Teboneras
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