CRZBF News and Press, Commerzbank AG From 03/16/22

Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY) has winded down operations in Russia by nearly a third, Bloomberg reported Wednesday, citing the German lender's CFO, Bettina Orlopp, during a conference. Meanwhile, shares of Commerzbank rose nearly 7% in Frankfurt. The bank has cut the most amoun...

Commerzbank has only 70M EUR remaining in restructuring charges and is 61.5% complete with its 10,000 full-time equivalents reduction target. Strong capital position with CET 1 of 13.57% to be impacted by about 69 bps of regulatory headwinds into 2023. Direct Russia exposure at 1....

Commerzbank AG (CRZBF) Q4 2021 Earnings Conference Call February 17, 2022 3:00 AM ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Deputy Chairwoman and Chief Financial Officer Conference Call Participants Benjamin Goy - Deutsche Bank Izabel Dobreva - Morgan Sta...

The following slide deck was published by Commerzbank AG in conjunction with their 2022 Q4 earnings call. For further details see: Commerzbank AG 2022 Q4 - Results - Earnings Call Presentation

Q3 RoTE of 5.8% due to a low cost of risk (7bps) and a tax rate of around 1%, offset by 76M EUR of restructuring expenses. Strong capital position with a CET1 ratio of 13.51%. MDA buffer at 411 bps far superior to Deutsche Bank's 258 bps. Good progress on workforce optimization - ...

Commerzbank AG (CRZBF) Q3 2021 Results Earnings Conference Call November 4, 2021, 04:00 AM ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Deputy Chairwoman and Chief Financial Officer Conference Call Participants Izabel Dobreva - Morgan Stanley Nicholas Herman...

The following slide deck was published by Commerzbank AG in conjunction with their 2021 Q3 earnings call. For further details see: Commerzbank AG 2021 Q3 - Results - Earnings Call Presentation

Q2 significantly impacted by one-off items - 200M EUR suspended project charge and 511M EUR in restructuring expenses, offset by a YTD benefit of 682M EUR in other comprehensive income. CET1 at 13.35% in line or above peers. CET1 MDA buffer of roughly 395 basis points is superior to D...

Commerzbank AG (CRZBF) Q2 2021 Earnings Conference Call August 04, 2021, 03:00 AM ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Chief Financial Officer Conference Call Participants Benjamin Goy - Deutsche Bank Izabel Dobreva - Morgan Stanley Jeremy Sigee - Ex...

The following slide deck was published by Commerzbank AG in conjunction with their 2021 Q2 earnings call. For further details see: Commerzbank AG 2021 Q2 - Results - Earnings Call Presentation