Commerzbank AG (CRZBF)

OTCMKTS · Delayed Price · Currency is USD
18.56
0.00 (0.00%)
Feb 21, 2025, 3:00 PM EST
62.17%
Market Cap 24.18B
Revenue (ttm) 10.73B
Net Income (ttm) 2.77B
Shares Out n/a
EPS (ttm) n/a
PE Ratio 8.72
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,000
Average Volume 953
Open 15.45
Previous Close 18.56
Day's Range 15.45 - 18.56
52-Week Range 11.45 - 19.20
Beta 1.10
RSI 91.91
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 36,700
Stock Exchange OTCMKTS
Ticker Symbol CRZBF
Full Company Profile

Financial Performance

In 2024, Commerzbank AG's revenue was 10.36 billion, an increase of 4.53% compared to the previous year's 9.92 billion. Earnings were 2.68 billion, an increase of 31.87%.

Financial numbers in EUR Financial Statements

News

Commerzbank signs 15-year contract for new high-rise Frankfurt office

Commerzbank , which last week announced job cuts in Germany as it fends off a takeover approach from Italy's UniCredit , has signed a 15-year rental contract for a new high-rise office in Frankfurt.

5 days ago - Reuters

Commerzbank AG reports Q4 results

10 days ago - Seeking Alpha

UniCredit 'feels a little bit like an activist investor,' Commerzbank CEO says

Commerzbank CEO Bettina Orlopp discusses the bank's strategic plans.

10 days ago - CNBC International TV

UniCredit 'feels a little bit like an activist investor,' Commerzbank CEO says

Commerzbank CEO Bettina Orlopp discusses the bank's strategic plans.

10 days ago - CNBC

Germany's Commerzbank to cut 3,900 jobs to stave off any takeover bid by Italy's UniCredit

Commerzbank (CRZBF) Thursday said that it would cut 3,900 full-time equivalent positions by 2028, as it looks to stave off any takeover bid by Italy's UniCredit.

11 days ago - Seeking Alpha

Commerzbank promises profit surge as it fends off bid interest from UniCredit

Strategy will include axing one in six jobs in Germany as new chief seeks to show that bank can boost profitability on its own

11 days ago - Financial Times

Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

11 days ago - CNBC

Commerzbank to cut 3,900 jobs, mainly in Germany

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the Germa...

11 days ago - Reuters

Key elements of Commerzbank's strategy update as it fends off UniCredit

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the Germa...

11 days ago - Reuters

Commerzbank plans job cuts, new targets to keep UniCredit away, sources say

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit , multiple people with direct knowledge of the plans told R...

12 days ago - Reuters

UniCredit and Commerzbank face off over Mittelstand

Italian lender’s subsidiary HVB unleashes ad blitz as it seeks to prove local credentials

12 days ago - Financial Times

Maga replaces DEI in America’s boardrooms

Plus, UniCredit’s bid for Commerzbank finds support within Germany’s industrial base and Lazard’s quick windfall on this year’s big hostile takeover effort

12 days ago - Financial Times

We're not ruling out increasing our Commerzbank stake, says UniCredit CEO

Andrea Orcel, CEO of UniCredit, discusses fourth-quarter earnings, the bank's investment in Commerzbank and interest rates.

13 days ago - CNBC International TV

We're not ruling out increasing our Commerzbank stake, says UniCredit CEO

Andrea Orcel, CEO of UniCredit, discusses fourth-quarter earnings, the bank's investment in Commerzbank and interest rates.

13 days ago - CNBC

UniCredit swoops in to take minority stake of Italy's Generali insurance group

UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in Commerzbank.

20 days ago - Euronews

UniCredit says focused on BPM, Commerzbank as sources confirm small Generali stake

UniCredit remains focused on its takeover bid for Banco BPM and its stake in Commerzbank , a spokesperson for the Italian bank said, after two sources confirmed a report about an investment in General...

22 days ago - Reuters

Commerzbank Announces €400 Million Stock Buyback Plan

Commerzbank Announces €400 Million Stock Buyback Plan

23 days ago - GuruFocus

Commerzbank announces share buyback and record earnings from last year

The update comes as the bank is fending off a takeover from Italy’s UniCredit.

23 days ago - Euronews

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.

23 days ago - CNBC

Germany's Commerzbank posts 20% rise in net profit for 2024

Germany's Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a tie-up from Italy's UniCr...

23 days ago - Reuters

Commerzbank says no talks with UniCredit until specific offer made

Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it receives a specific proposal from the Italian bank, which has ruffled feathers in Berlin with its ...

4 weeks ago - Reuters

Commerzbank boss refused to meet UniCredit chief for informal deal talks

Bettina Orlopp insists on written proposal from Italian lender before engaging with Andrea Orcel

4 weeks ago - Financial Times