CBKG.DE
Latest Trade
5.66EURChange
0.16(+2.91%)Volume
2,746,197Today's Range
-
5.6952 Week Range
-
6.83As of on the XETRA ∙ Minimum 15 minute delay
Previous Close | 5.50 |
|---|---|
Open | 5.50 |
Volume | 2,746,197 |
3M AVG Volume | 161.17 |
Today's High | 5.69 |
Today's Low | 5.50 |
52 Week High | 6.83 |
52 Week Low | 2.80 |
Shares Out (MIL) | 1,252.36 |
Market Cap (MIL) | 6,882.96 |
Forward P/E | -17.19 |
Dividend (Yield %) | -- |
Germany’s BaFin Says Banks Should Exercise Dividend Restraint - Wiwo
Commerzbank To Fully Write Off Existing Goodwill Of About €1.5 Billion
Commerzbank: Regulatory Capital Requirements For Commerzbank To Fall For 2021
Commerzbank AG is a bank for private and corporate customers. The Bank's business segments are Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non-Core Assets. The Private Customers segment comprises the Private Customers, Direct Banking and Commerz Real Group divisions. The Mittelstandsbank segment is divided into the three Group divisions: Mittelstand Germany, Large Corporates & International, and Financial Institutions. The Central & Eastern Europe (CEE) segment comprises the universal banking and direct banking activities. The Corporates& Markets consists of four main businesses: Equity Markets & Commodities; Fixed Income & Currencies; Corporate Finance, and Credit Portfolio Management. The Non-Core Assets (NCA) segment groups together the results from Commercial Real Estate, Public Finance (including Private Finance Initiatives) and Deutsche Schiffsbank (DSB) divisions.
Industry
Regional Banks
Executive Leadership
Hans-Jorg Vetter
Chairman of the Supervisory Board
Stefan Schmittmann
Independent Chairman of the Supervisory Board
Martin Zielke
Chairman of the Management Board
Klaus-Peter Mueller
Honorary Chairman of the Supervisory Board
Uwe Tschaege
Deputy Chairman of the Supervisory Board, Employee Representative
Price To Earnings (TTM) | -- |
|---|---|
Price To Sales (TTM) | 0.68 |
Price To Book (MRQ) | 0.22 |
Price To Cash Flow (TTM) | 8.67 |
Total Debt To Equity (MRQ) | 154.20 |
LT Debt To Equity (MRQ) | 154.20 |
Return on Investment (TTM) | -- |
Return on Equity (TTM) | -0.03 |
Commerzbank said on Wednesday that it would widen its partnership with Microsoft by putting a significant portion of its applications in the cloud over the next five years.
Commerzbank said on Wednesday that it would widen its partnership with Microsoft by putting a significant portion of its applications in the cloud. The two companies have been working together since 2018, and Commerzbank has been trying to increasingly digitize its business...
A top manager at Commerzbank told German lawmakers on Thursday the bank was a victim of fraud surrounding the collapsed payments company Wirecard, as he laid out how the lender was deceived by executives and auditors.
Just a week into the job, Commerzbank's new chief executive on Friday made a 1.5 billion euro ($1.84 billion)goodwill write-off at the German bank and raised risk provisions relating to the coronavirus pandemic.
Commerzbank said on Monday it would book 610 million euros ($744.99 million) in restructuring charges in the fourth quarter after reaching an agreement with staff on previously announced headcount reductions.
In Germany's industrial heartland, engineering firms have come up with a recipe for surviving the coronavirus pandemic.
Commerzbank appointed a new board member to oversee the German lender's corporate business on Friday after his predecessor left over differences about the division's future, the bank said on Friday.
The board member responsible for corporate customers at Commerzbank, Roland Boekhout, is stepping down just months after joining the bank amid differing views on the future of the division, the bank said on Friday.
The International Monetary Fund (IMF) has urged German bank supervisors to tell private lenders like Deutsche Bank and Commerzbank to refrain from paying dividends and doing share buybacks during the COVID-19 pandemic.
Germany's Commerzbank <CBKG.DE> swung to a third-quarter loss, it said on Thursday, as it dealt with fallout from the coronavirus crisis and continued a restructuring programme.
The nomination of Manfred Knof as chief executive of Germany's Commerzbank <CBKG.DE> paves the way for an overhaul that could close hundreds of branches and shrink its foreign operations, though any major changes may still take months to formalise.
European stocks partly recovered from last week's hefty losses on Monday, helped by upbeat industrial profits data from China and a jump in German lender Commerzbank after it appointed a new chief executive officer.
The nomination of Manfred Knof as chief executive of Germany's Commerzbank paves the way for an overhaul that could close hundreds of branches and shrink its foreign operations, though any major changes may still take months to formalise.
German lender Commerzbank <CBKG.DE> has poached a senior executive of its larger rival Deutsche Bank <DBKGn.DE> to assume the role of chief executive, filling a leadership vacuum after months of turmoil.
Commerzbank <CBKG.DE>, reacting to a Buzzfeed report which said it was among global banks which had permitted illicit fund transfers despite red flags, said on Monday that it had strengthened its money laundering controls.
Commerzbank's <CBKG.DE> management shake-up continued on Thursday with an announcement that the board member responsible for private clients, Michael Mandel, would leave the German lender.
Commerzbank's management shake-up continued on Thursday with the announcement that the board member responsible for private clients, Michael Mandel, would leave the German lender.
Commerzbank <CBKG.DE> has launched an external search for its chief executive, a person with direct knowledge of the matter said on Wednesday, as a leadership vacuum at the German lender continues.
* Commerzbank lost 175 million euros on Wirecard (Updates with background, EY statement)
Commerzbank <CBKG.DE> said on Wednesday it would drop EY as its auditor from 2022 in the wake of the Wirecard accounting scandal.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.