Commerzbank AG (ETR: CBK)

Germany flag Germany · Delayed Price · Currency is EUR
15.25
-0.33 (-2.09%)
Dec 20, 2024, 5:36 PM CET
44.50%
Market Cap 18.06B
Revenue (ttm) 9.85B
Net Income (ttm) 2.13B
Shares Out 1.18B
EPS (ttm) 1.78
PE Ratio 8.56
Forward PE 7.83
Dividend 0.35 (2.30%)
Ex-Dividend Date n/a
Volume 12,920,549
Open 15.43
Previous Close 15.57
Day's Range 15.15 - 15.45
52-Week Range 10.15 - 16.97
Beta 1.08
Analysts n/a
Price Target n/a
Earnings Date Feb 13, 2025

About Commerzbank AG

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers saving, checking, business, and current accounts; term deposits; pension; credit and debit cards; payment solutions; overdraft services; various loans; and insurance products. It also pro... [Read more]

Sector Financials
Founded 1870
Employees 42,098
Stock Exchange Deutsche Börse Xetra
Ticker Symbol CBK
Full Company Profile

Financial Performance

In 2023, Commerzbank AG's revenue was 9.92 billion, an increase of 14.39% compared to the previous year's 8.67 billion. Earnings were 2.03 billion, an increase of 63.05%.

Financial Statements

News

Germany’s Habeck ‘Concerned’ About UniCredit Move on Commerzbank

German Economy Minister Robert Habeck said he’s concerned about UniCredit SpA’s approach of Commerzbank AG, adding to opposition in Berlin to a potential deal.

1 day ago - BNN Bloomberg

UniCredit CEO says Commerzbank stake, BPM bid tests for Europe's future

UniCredit's CEO Andrea Orcel said his bank's investment in German rival Commerzbank and its bid for smaller domestic peer Banco BPM will test the euro zone's commitment towards greater integration, wh...

1 day ago - Reuters

Europe must decide on the banking union

Commerzbank and Banco BPM are test cases that ask if we, as a bloc, are serious about greater integration

1 day ago - Financial Times

Any Commerzbank takeover by UniCredit not subject to investment screening, German government source says

Germany will not subject any potential takeover of Commerzbank by Italy's UniCredit to an investment screening, a German government source said on Thursday.

2 days ago - Reuters

UniCredit lifts Commerzbank exposure to 28%

Italian bank escalates effort to take over German lender

3 days ago - Financial Times

German Government Tells UniCredit to Exit Commerzbank Stake

The German government strengthened its criticism of UniCredit SpA’s pursuit of Commerzbank AG and called on the Italian bank to reduce its stake hours after it announced the further use of derivatives...

3 days ago - BNN Bloomberg

UniCredit CEO Keeps Pressure on Commerzbank

3 days ago - The Wall Street Journal

UniCredit raises stake in Commerzbank to 28% through derivatives amid takeover pursuit

Investors are watching whether UniCredit will proceed with a takeover venture of Germany's Commerzbank or Italian peer Banco BPM.

3 days ago - CNBC

UniCredit raises Commerzbank stake to 28% with further derivatives

Italian bank UniCredit said on Wednesday it had raised its potential stake in Germany's Commerzbank to 28% by signing new derivative contracts.

3 days ago - Reuters

UniCredit Lifts Commerzbank Stake as Orcel Keeps Up Pursuit

UniCredit SpA has increased its holding in Commerzbank AG to about 28%, ratcheting up Chief Executive Officer Andrea Orcel’s pursuit of the German lender.

3 days ago - BNN Bloomberg

Commerzbank: How Low Will The ECB Go In 2025 (Rating Upgrade)

Analysis of Commerzbank's heavy reliance on ECB policy, economic outlook, and potential profitability in 2025, with key risks highlighted.

7 days ago - Seeking Alpha

Deutsche Bank chief risk officer to leave after just three years

Former Commerzbank executive Marcus Chromik to replace Olivier Vigneron in May

9 days ago - Financial Times

Commodity Roundup: Commerzbank 2025 copper view; ING sees energy markets under pressure

gorodenkoff Commerzbank forecasts copper prices (HG1:COM) to reach $9,700 per ton by the end of 2025, while ING sees large parts of the complex edging...

9 days ago - Seeking Alpha

Commerzbank to Assign More Employees to Branches in Revamp

Commerzbank AG is assigning more employees to work in its branches as it seeks to boost the business its does with clients and meet ambitious new targets.

10 days ago - BNN Bloomberg

Commerzbank's 2025 SREP Capital Needs Steady, MDA Buffer Comfortable

Commerzbank maintains a steady course with its capital requirements, ensuring financial stability while aiming for strategic growth. With a robust CET1 ratio, the bank continues to lead in Germany's f...

10 days ago - Wallstreet:Online

SREP capital requirements for Commerzbank unchanged for 2025 – distance to MDA threshold remains comfortable

Commerzbank Aktiengesellschaft (CZB) SREP capital requirements for Commerzbank unchanged for 2025 – distance to MDA threshold remains comfortable 11-Dec-2024 / 13:34 CET/CEST The issuer is solely resp...

10 days ago - Wallstreet:Online

EQS-News: SREP capital requirements for Commerzbank unchanged for 2025 – distance to MDA threshold remains comfortable

EQS-News: Commerzbank Aktiengesellschaft / Key word(s): Miscellaneous SREP capital requirements for Commerzbank unchanged for 2025 – distance to MDA threshold remains comfortable 11.12.2024 / 13:32 CE...

10 days ago - Wallstreet:Online

Commerzbank CEO says Europe needs bigger banks, but conditions not right

Commerzbank's CEO said on Wednesday that Europe needed bigger banks to compete with U.S. rivals, but repeated that her own company was better off alone in the face of interest from Italian bank UniCre...

17 days ago - Reuters

UniCredit CEO Shifts Focus Amid German Resistance to Commerzbank Deal

Just days before UniCredit CEO Andrea Orcel shifted his attention to a domestic acquisition, resistance to his interest in Germany’s Commerzbank intensified. Members of Germany’s corporate elite repor...

19 days ago - CEOWORLD magazine

$10.5 billion Deal: UniCredit to Acquire Banco BPM

In a bold bid to reshape the Italian banking landscape, UniCredit announced on Monday its intent to acquire domestic competitor Banco BPM in a transaction valued at approximately $10.5 billion. This m...

23 days ago - CEOWORLD magazine

Deutsche Bank Lures Commerzbank Clients Worried About Deal Risk

Clients of Germany’s Commerzbank AG are looking increasingly to its main domestic competitor to secure funding amid the uncertainty over a potential takeover by UniCredit SpA, a senior executive at De...

25 days ago - BNN Bloomberg

Andrea Orcel’s journey from foreign predator to domestic consolidator

Two months ago UniCredit swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM

25 days ago - Financial Times

UniCredit makes €10bn offer for Italian rival Banco BPM

Bid for domestic competitor hits shares in Germany’s Commerzbank, which had been viewed as a target

26 days ago - Financial Times

JP Morgan: UniCredit's Orcel 'hedging himself a bit' on Banco BPM, Commerzbank bids

Kian Abouhossein, head of European bank equity research and global IB coverage at JP Morgan, discusses UniCredit's bid to buy Banco BPM.

26 days ago - CNBC International TV