Commerzbank AG (ETR: CBK)

Germany flag Germany · Delayed Price · Currency is EUR
15.68
-0.12 (-0.76%)
Nov 21, 2024, 1:26 PM CET
40.08%
Market Cap 18.71B
Revenue (ttm) 9.85B
Net Income (ttm) 2.13B
Shares Out 1.18B
EPS (ttm) 1.78
PE Ratio 8.87
Forward PE 8.10
Dividend 0.35 (2.22%)
Ex-Dividend Date n/a
Volume 1,408,352
Open 15.79
Previous Close 15.80
Day's Range 15.47 - 15.91
52-Week Range 10.15 - 16.97
Beta 1.08
Analysts n/a
Price Target n/a
Earnings Date Nov 6, 2024

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

Commerzbank names new CFO amid UniCredit approach

Commerzbank on Thursday named Carsten Schmitt as its new chief financial officer, a crucial role at Germany's No. 2 lender as it seeks to fend off an approach by Italy's UniCredit for a tie-up.

8 hours ago - Reuters

Commerzbank Names Carsten Schmitt as New CFO: A Strategic Move

Carsten Schmitt steps into the role of CFO at Commerzbank, bringing decades of expertise and leadership. His appointment marks a new chapter for the bank, renowned for its global reach and focus on th...

8 hours ago - Wallstreet:Online

Supervisory Board appoints Carsten Schmitt as new CFO

Commerzbank Aktiengesellschaft (CZB) Supervisory Board appoints Carsten Schmitt as new CFO 21-Nov-2024 / 10:04 CET/CEST The issuer is solely responsible for the content of this announcement. In today’...

8 hours ago - Wallstreet:Online

EQS-News: Supervisory Board appoints Carsten Schmitt as new CFO

EQS-News: Commerzbank Aktiengesellschaft / Key word(s): Personnel Supervisory Board appoints Carsten Schmitt as new CFO 21.11.2024 / 10:02 CET/CEST The issuer is solely responsible for the content of ...

9 hours ago - Wallstreet:Online

Commerzbank Shares Seen Rising 35% on UniCredit Deal, KBW Says

Commerzbank AG shares could surge as much as 35% if the German lender is taken over by Italian bank UniCredit SpA, according to analysts at KBW.

3 days ago - BNN Bloomberg

Commerzbank, UniCredit CEOs had second round of extensive talks, says Handelsblatt

The CEOs of Germany's Commerzbank and UniCredit had an extensive talk for the second time since Italy's No. 2 bank disclosed in September that it had snapped up a significant stake, the Handelsblatt n...

6 days ago - Reuters

UniCredit's Potential Takeover of Commerzbank Faces German Government Opposition

UniCredit's Potential Takeover of Commerzbank Faces German Government Opposition

8 days ago - GuruFocus

Exclusive: Commerzbank considers buying domestic rival in UniCredit defence plan, sources say

Commerzbank is weighing the acquisition of a mid-sized German bank as part of its strategy to fend off a possible takeover by Italy's UniCredit , three people with knowledge of the matter told Reuters...

9 days ago - Reuters

UniCredit and Commerzbank square off amid takeover battle

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers hangs in balance. Both banks raised their outlooks guidance on Wednesday, as they rep...

12 days ago - CNBC International TV

Commerzbank Closes In on CFO to Speed Up Fight Against UniCredit

Commerzbank AG is close to tapping a new chief financial officer, a crucial appointment as the lender seeks to accelerate a strategic revamp and defend itself against a potential takeover by UniCredit...

13 days ago - BNN Bloomberg

Watch CNBC's full interview with Commerzbank CEO Bettina Orlopp

Commerzbank CEO Bettina Orlopp discusses the German bank's third-quarter earnings, UniCredit's bid to take over Commerzbank and the broader German economy.

14 days ago - CNBC International TV

UniCredit and Commerzbank square off with target hikes amid takeover battle

UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe's largest banking mergers still hangs in balance.

15 days ago - CNBC

UniCredit CEO pushes merger credentials as it outperforms Commerzbank

UniCredit CEO Andrea Orcel said on Wednesday banks need to be more efficient and profitable and expressed confidence that "people will look at the facts" when weighing up a potential deal with Commerz...

15 days ago - Reuters

Orcel Has Patience in Commerzbank Battle as Orlopp Stumbles

UniCredit SpA Chief Executive Officer Andrea Orcel said he isn’t planning an imminent takeover bid for German rival Commerzbank AG, inserting a measure of calm into a tense cross-border standoff.

15 days ago - BNN Bloomberg

Commerzbank AG reports nine-month results

15 days ago - Seeking Alpha

UniCredit and Commerzbank report diverging earnings

Chief of Italian lender indicates longer than expected timeline for decision on tie-up between banks

15 days ago - Financial Times

Commerzbank CEO Says Unicredit’s Approach Hasn’t Been Friendly

Commerzbank AG Chief Executive Officer Bettina Orlopp voiced criticism of the way UniCredit SpA has built a stake in it, stepping up her rhetoric against the Italian lender.

15 days ago - BNN Bloomberg

Watch CNBC's full interview with UniCredit CEO Andrea Orcel

UniCredit CEO Andrea Orcel discusses the Italian bank's third-quarter earnings and its bid for Commerzbank.

15 days ago - CNBC

Commerzbank Raises Guidance After Net Profit Beats Market Views

Commerzbank raised its full-year outlook after net profit came in ahead of analysts’ expectations.

15 days ago - The Wall Street Journal

Commerzbank Raises Guidance After Net Profit Beats Market Views

Commerzbank raised its full-year outlook after net profit came in ahead of analysts' expectations.

15 days ago - WSJ

Commerzbank Deal Wouldn’t Cause Client Loss, UniCredit Says

UniCredit SpA said a takeover of Commerzbank AG wouldn’t result in client attrition, pushing back against a key argument put forward by opponents of the potential deal.

15 days ago - BNN Bloomberg

UniCredit Lifts Outlook, Beats on Profit in Tailwind for CEO

UniCredit SpA improved its outlook and posted results that exceeded expectations, providing a boost to Chief Executive Officer Andrea Orcel as he pursues a potential takeover of rival Commerzbank AG.

15 days ago - BNN Bloomberg

Commerzbank Provisions Complicate CEO Orlopp’s UniCredit Defense

Commerzbank AG raised its full-year outlook and applied for another share buyback as it seeks to fend off an unsolicited approach by rival UniCredit SpA.

15 days ago - BNN Bloomberg