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Commerzbank AG

CBKG.DE

Latest Trade

4.57EUR

Change

0.14(+3.11%)

Volume

6,683,057

Today's Range

4.43

 - 

4.64

52 Week Range

2.80

 - 

6.83

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
4.44
Open
4.43
Volume
6,683,057
3M AVG Volume
160.94
Today's High
4.64
Today's Low
4.43
52 Week High
6.83
52 Week Low
2.80
Shares Out (MIL)
1,252.36
Market Cap (MIL)
5,555.46
Forward P/E
--
Dividend (Yield %)
--

Next Event

Q3 2020 Commerzbank AG Earnings Release

Latest Developments

More

Capital Group Ups Commerzbank Stake To 5.31%

Commerzbank And EIB Group To Lend Up To EUR 500 Million To Companies In Crisis

Comdirect CEO To Leave After Merger With Parent Commerzbank

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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

2.95 mean rating - 21 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)

-0.043
Price To Earnings (TTM)
40.55
Price To Sales (TTM)
0.55
Price To Book (MRQ)
0.18
Price To Cash Flow (TTM)
4.66
Total Debt To Equity (MRQ)
158.91
LT Debt To Equity (MRQ)
158.91
Return on Investment (TTM)
--
Return on Equity (TTM)
0.04

Latest News

Latest News

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.

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 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.

UPDATE 1-Commerzbank board member to exit, continuing management upheaval

Commerzbank's 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.

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 forecasts 2020 loss from Wirecard, coronavirus writedowns

Commerzbank expects a writedown on loans to collapsed payments firm Wirecard and fallout from the coronavirus crisis to result in a loss for the year, compounding the challenges already facing Germany's second-largest bank.

Commerzbank expects net loss for 2020 after Q2 profit decline

Germany's Commerzbank , in the midst of a leadership crisis, on Wednesday said it expected to post a net loss for the full year after net profit declined 21% in the second quarter.

UPDATE 2-Cerberus vows to work with Commerzbank chair despite concerns - source

* Frankfurt court approves Vetter's appointment (Updates with court decision on Vetter)

Cerberus vows to work with Commerzbank chair despite concerns - source

Cerberus, seeking to move on from a defeat over the naming of a new chairman at Commerzbank, "acknowledges the reality" and will work with him, a person close to Cerberus said on Tuesday.

Commerzbank picks new chairman despite Cerberus opposition

Commerzbank <CBKG.DE> ignored the concerns of its top investor Cerberus on Monday by electing Hans-Joerg Vetter, the retired chief of a German regional bank, as its new chairman.

Cerberus has "serious doubts" about candidate for Commerzbank chair

Cerberus, one of the largest investors in Germany's Commerzbank, said it had "serious doubts" about a candidate to take over the chair of the lender's supervisory board, Hans-Joerg Vetter.

Commerzbank considers Landesbank veteran Vetter for chair: sources

Commerzbank <CBKG.DE> is considering nominating Hans-Joerg Vetter to chair the German lender's supervisory board, two people familiar with the matter said.

Deutsche Bank CEO damps speculation of reviving Commerzbank merger talks

Deutsche Bank's <DBKGn.DE> chief executive Christian Sewing on Wednesday damped speculation that the lender was eager to revive merger talks with Commerzbank, telling analysts that the bank had its hands full with its own overhaul and standalone plan.

Commerzbank board meets amid leadership void after top resignations

Commerzbank's supervisory board formally accepted the resignation of its chief executive at a meeting on Wednesday amid a continuing leadership vacuum at the top of Germany's No. 2 bank.

Commerzbank board meets amid leadership void after top resignations

* Some oversight board members decline to take the chair - sources

Cerberus wants 'orderly process' to fill Commerzbank leadership void

Cerberus, a major shareholder in Commerzbank <CBKG.DE>, said on Monday that the German bank must find a chairman before there is a formal search for a chief executive.

Moody's says Commerzbank resignations "credit negative"

Moody's on Monday warned that resignations by Commerzbank's top leadership were "credit negative".

RPT-German union in show of strength as Commerzbank's top duo exits

Commerzbank's chief executive and chairman were under pressure from activist investors to axe jobs, but they decided to go first after a damaging clash with unions last week, sources close to the situation told Reuters.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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