Commerzbank AG (ETR: CBK)
Germany
· Delayed Price · Currency is EUR | Market Cap | 19.51B |
| Revenue (ttm) | 10.04B |
| Net Income (ttm) | 2.17B |
| Shares Out | 1.18B |
| EPS (ttm) | 1.78 |
| PE Ratio | 9.25 |
| Forward PE | 8.55 |
| Dividend | 0.35 (2.13%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 8,604,806 |
| Open | 16.40 |
| Previous Close | 16.35 |
| Day's Range | 16.22 - 16.61 |
| 52-Week Range | 9.77 - 16.61 |
| 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]
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 StatementsNews
The Disruptive Bank Deal Everyone Wanted---Until It Happened
UniCredit’s effort to buy Germany’s Commerzbank is a test of a broader project to revive Europe’s vitality and stature in the world.
The Disruptive Bank Deal Everyone Wanted---Until It Happened
UniCredit's effort to buy Germany's Commerzbank is a test of a broader project to revive Europe's vitality and stature in the world.
UniCredit CEO Orcel attended virtual meeting with Commerzbank, source says
UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the German lender's biggest private investor, a source with knowledge of the mat...
What might a combination of UniCredit and Commerzbank look like?
Executives from UniCredit and Commerzbank held their first meeting on Friday, after the Italian bank this month emerged as the biggest investor in its German peer with a nearly 21% stake, subject to s...
Exclusive: Germany's finance minister underscores concern over Commerzbank takeover approach to Italy, say sources
Germany's finance minister has underscored to Italy's Treasury his concerns over any hostile takeover of Commerzbank by Italy's UniCredit in recent days, according to two people familiar with the matt...
Commerzbank, UniCredit to meet virtually early on Friday, source says
The meeting is a first round of talks between the two banks as the Italian lender presses for a possible tie-up and Commerzbank hones its defence
UniCredit's Orcel acting 'slightly aggressively' but 'completely legitimately' in potential Commerzbank takeover battle: David Marsh
David Marsh, chairman of OMFIF, discusses the potential takeover battle between UniCredit and Commerzbank, and the German banking environment.
Commerzbank-UniCredit to meet virtually on Friday, says source
A meeting between Commerzbank and UniCredit on Friday will be held virtually in the morning, a source told Reuters.
Commerzbank and UniCredit set to meet as takeover prospect looms
Commerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover.
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks a U-turn for the government.
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won't offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks a U-turn for the government.
Italy Industry Minister Backs UniCredit-Commerzbank Deal
Italy’s Industry Minister Adolfo Urso backed a potential takeover of Commerzbank AG by Milan-based UniCredit SpA which has threatened to sour relations between Berlin and Rome.
Citi Analysts See UniCredit-Commerzbank Deal as Likely Outcome
A merger between UniCredit SpA and Commerzbank AG is likely, despite opposition from the German government, according to analysts at Citigroup Inc.
Italy deputy PM would not like UniCredit to shift legal base to Germany in Commerzbank deal
Italian Deputy Prime Minister Matteo Salvini on Thursday said he would not want to see UniCredit shift its legal base to Germany as part of a potential Commerzbank deal.
Commerzbank in larger payout pledge ahead of UniCredit talks
The German lender is lifting profit targets and shareholder rewards as Italy's UniCredit contemplates a merger.
Commerzbank Confirms Independent Strategy Ahead of Talks With UniCredit
The German lender said it planned to improve its profitability and boost shareholder returns as it grapples with a possible takeover attempt by Italy’s UniCredit.
Commerzbank Confirms Independent Strategy Ahead of Talks With UniCredit
The German lender said it planned to improve its profitability and boost shareholder returns as it grapples with a possible takeover attempt by Italy's UniCredit.
Commerzbank Board Hires UBS for Potential UniCredit Deal Advice
Commerzbank AG’s supervisory board has mandated UBS Group AG to help it navigate a potential takeover bid from UniCredit SpA, according to a person familiar with the matter, who asked not to be named ...
Under-fire Commerzbank sets ambitious profit goal
Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving profits and shareholder returns.
Commerzbank to hold first talks with UniCredit on Friday
Commerzbank's designated CEO, Bettina Orlopp, said on Thursday that the bank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible tie-up.
France's biggest lender says there are 'too many' European banks as UniCredit moves on Commerzbank
BNP Paribas Chief Financial Officer Lars Machenil on Thursday voiced his support for greater integration in Europe's banking sector.
S&P says Commerzbank's rating may come under pressure in UniCredit deal
Credit rating agency S&P Global said it saw risks that Commerzbank's creditworthiness could come under pressure if Italian bank UniCredit succeeded in its takeover attempt.
Commerzbank boards confirm independent strategy as UniCredit seeks possible tie-up
Commerzbank's supervisory and management boards have confirmed the bank's current strategy of independence, the lender said on Thursday, as Italy's UniCredit presses for a possible tie-up.
Commerzbank's Leadership Confirms Bold New Strategy
Commerzbank is gearing up for a robust future, targeting a RoTE above 12% by 2027 and net profits over €3 billion. With a focus on shareholder returns and market strength, the bank aims to solidify it...
Commerzbank’s Supervisory Board and Executive Board confirm strategy
Commerzbank Aktiengesellschaft (CZB) Commerzbank’s Supervisory Board and Executive Board confirm strategy 26-Sep-2024 / 09:03 CET/CEST The issuer is solely responsible for the content of this announce...