CRZBF News and Press, Commerzbank AG From 02/16/24

2024-02-16 00:10:18 ET Commerzbank AG (CRZBF) Q4 2023 Earnings Conference Call February 15, 2024 03:00 ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Chief Financial Officer Conference Call Participants Kian Abouhossein - ...

2024-02-15 23:24:11 ET Summary Commerzbank delivered 5.2% RoTE in Q4 (2023: 7.7), or 2.2 billion EUR in net income. The bank targets higher profitability in 2024. I estimate the bank will deliver 8% RoTe in 2024, helped by releases of top-level adjustments for credit provisions. ...

2024-01-11 06:11:28 ET More on Commerzbank, Global Payments: Commerzbank: Capital Return And Fee Business Targeted In A Bid To Reach 11.5% RoTE In 2027 Global Payments: A Stable Performer Amid Uncertain Macroeconomic Environment Global Payments: Get Your Wallet Out F...

2023-12-15 17:17:05 ET Summary In its new strategic plan, Commerzbank targets 8% RoTE in 2024, gradually improving to 11.5% in 2027. The bank may distribute about €1.5 billion to get to a capital position comparable with its largest competitor Deutsche Bank. The distrib...

2023-11-08 20:01:08 ET Commerzbank AG (CRZBF) Q3 2023 Earnings Conference Call November 8, 2023 3:00 AM ET Company Participants Bettina Orlopp - Chief Financial Officer Conference Call Participants Borja Ramirez Segura - Citigroup Inc. Benjamin Goy - Deut...

2023-10-28 08:49:31 ET Summary Commerzbank's financial performance has improved due to higher interest rates, but its profitability level is still low. The bank's operating performance has not boosted its share price, which has remained stagnant. Commerzbank's earnings have in...

2023-08-24 17:10:21 ET Summary Deutsche Bank shares have been underperforming the market and other European banks in 2023. Some metrics, like the P/B ratio of just 0.33, would suggest that Deutsche Bank is cheap and undervalued. Given the low profitability of the bank and the ...

2023-08-05 00:48:07 ET Commerzbank AG (CRZBF) Q2 2023 Earnings Conference Call August 04, 2023 03:00 AM ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Deputy Chairwoman and Chief Financial Officer Conference Call Participants ...

2023-08-04 09:28:50 ET Commerzbank AG press release ( OTCPK:CRZBF ): 1H GAAP EPS of €0.76. Revenue of €1.76B. For further details see: Commerzbank AG GAAP EPS of €0.76, revenue of €1.76B

2023-06-23 21:32:32 ET Summary Commerzbank has one of the lowest valuations in the European banking sector due to structural issues and weak profitability levels. Despite restructuring efforts and recent improvements in financial performance, Commerzbank still lags behind its peer...