CBA (ASX:CBA) and the ASX banks just had an amazing month

It’s no secret by now that the S&P/ASX 200 Index (ASX XO) has just finished off one of its best months in history. The ASX 200 gained more than 11% over the month, far more than what it averages in returns every year.

Since the banking sector makes up a massive proportion of the overall ASX 200 (the big four’s weightings alone account for ~20% of the ASX 200), one might assume it’s been a good month for ASX banks too. And that assumption would be correct. So let’s have a look at how the big four ASX banks performed over November, and which one came out on top.

Making bank in November

Let’s start with the ‘big dog’ – Commonwealth Bank of Australia (ASX: CBA). CBA shares closed at $69.02 on Friday 30 October, and…