An ATM machine inside a modern bank lobby.(File image: Alec Adriano / Pexels)
Newy 87.8 FM – Commonwealth Bank will close its Toronto branch at 43–43A The Boulevarde in Lake Macquarie, according to reports from the Newcastle Herald and 2HD Newcastle.
The Newcastle Herald reported the closure on 25 October, citing a CBA spokesperson, while 2HD Newcastle independently reported the decision days earlier.
The branch currently trades Monday to Friday from 9:30am to 4:00pm. As of 25 October, CommBank's own branch locator page for Toronto carried no closure notice and still showed normal trading hours.
The closure comes despite CommBank's recent pledge not to close any regional branches until 2030. According to 2HD, the bank classifies Toronto as non-regional, meaning the Toronto branch does not fall under that moratorium.
The decision also follows Commonwealth Bank's full-year results announced on 12 August 2026, in which the bank reported a cash net profit after tax of $10,982 million — approximately $11 billion — up 7 per cent, with a statutory net profit after tax of $10,911 million and a return on equity of 14.0 per cent.
A closure date has not been confirmed by the bank's own published materials.
Join the discussion on Facebook.
