for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Commerzbank AG

CBKG.DE

Latest Trade

5.66EUR

Change

0.16(+2.91%)

Volume

2,746,197

Today's Range

5.50

 - 

5.69

52 Week Range

2.80

 - 

6.83

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

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 %)
--

Next Event

Konecranes Abp at Commerzbank AG Roadshow - London (Virtual)

Latest Developments

More

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

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Commerzbank AG

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

Contact Info

Kaiserplatz 16

60311

Germany

+49.69.13620

https://www.commerzbank.de/

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

Key Stats

3.05 mean rating - 22 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

9.2K

2018

8.6K

2019

8.6K

2020(E)

8.3K
EPS (EUR)

2017

0.740

2018

0.690

2019

0.610

2020(E)

-0.338
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

Latest News

Latest News

Commerzbank deepens partnership with Microsoft amid revamp

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 deepens partnership with Microsoft

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...

Commerzbank tells German lawmakers it was a victim of Wirecard fraud

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.

New Commerzbank CEO prepares road ahead with $1.8 billion write-off

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.

UPDATE 1-Commerzbank to book 610 mln euro restructuring charge in Q4

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.

Surviving the pandemic: Lessons from Germany's Mittelstand

In Germany's industrial heartland, engineering firms have come up with a recipe for surviving the coronavirus pandemic.

Commerzbank reshuffle continues with new head of corporate business

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.

Commerzbank management exodus continues amid differing views on direction

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.

IMF: German banks shouldn't pay dividends, do share buy-backs during pandemic

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.

Commerzbank in the red after restructuring charges, pandemic provisions

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.

Focus shifts to Commerzbank's strategy after CEO named

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 jump after China data, banking rebound

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.

RPT-Focus shifts to Commerzbank's strategy after CEO named

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.

Commerzbank poaches Deutsche Bank's Knof as new CEO

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 says has improved money laundering controls

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 board member to exit, continuing management upheaval

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 board member to exit, continuing management upheaval

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 looks externally for CEO: source

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.

UPDATE 1-Commerzbank to drop EY as auditor in 2022 in wake of Wirecard scandal

* Commerzbank lost 175 million euros on Wirecard (Updates with background, EY statement)

Commerzbank to drop EY as auditor from 2022 in wake of Wirecard scandal

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.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up