CRZBY News and Press, Commerzbank AG ADR New From 05/23/23

2023-05-23 05:40:16 ET Summary Commerzbank announced Q1 results on May 17, and they were better than expected. Shares were down 7% on the day of the announcement. While results were good, Commerzbank is still years behind other banks regarding its profitability – and it...

2023-05-17 15:52:07 ET Commerzbank AG (CRZBF) Q1 2023 Earnings Conference Call May 17, 2023, 03:00 AM ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Chief Financial Officer Conference Call Participants Johannes Thormann - ...

2023-05-04 16:15:09 ET Summary Societe Generale is one of the largest European banks with a business profile geared to retail and corporate banking. Its recent operating performance has been good, while its reported profit in 2022 was affected by its exit from Russia. A strong...

2023-04-02 07:50:49 ET Summary Deutsche Bank owns a 79.49% stake in asset manager DWS, which went public in 2018. Asset management is DB's most profitable segment, bringing in 10.7% of 2022 pre-tax profits for just 3.6% of total risk-weighted assets. I estimate a potential sal...

2023-03-27 15:02:49 ET Summary Bank of America is perceived as a safe haven for depositors amid the instability of the banking industry. Bank of America is performing well, focusing on innovation and technology, but faces challenges such as bond portfolio losses and legal and regu...

Summary Commerzbank announced EUR1.4 billion of profits for FY 2022, more than triple the profitability of 2021. Notably, Commerzbank's strong FY 2022 performance was supported by both topline expansion and cost improvement. Commerzbank's management voiced confidence going into 2023...

Summary 28.9% Y/Y underlying revenue growth in Q4, driven by PSBC (+56.1%). 18% Y/Y growth in 2022. CET1 of 14.14%, some 4% above pro-forma MDA requirement after expected increases in 2023. 30% Payout in 2022, increased to 50% in 2023. Net interest income seen up 0.2-0.8 billion EUR...

Commerzbank AG (CRZBF) Q4 2022 Results Conference Call February 16, 2023 03:00 AM ET Company Participants Manfred Knof - CEO Bettina Orlopp - CFO Conference Call Participants Benjamin Goy - Deutsche Bank Kian Abouhossein - JPMorgan Stuart Graham - Auton...

Commerzbank ( OTCPK:CRZBF ) ( OTCPK:CRZBY ) has satisfied a profit requirement to become a member of the DAX Germany index ( DAX:IND ), which is comprised of the 40 major blue-chip firms trading on the Frankfurt Stock Exchange, it said Monday in a release. The German lender, which...

Commerzbank AG (CRZBF) Q3 2022 Earnings Conference Call November 09, 2022, 03:00 AM ET Company Participants Manfred Knof - CEO Bettina Orlopp - Deputy Chairwoman and CFO Conference Call Participants Kian Abouhossein - JPMorgan Johannes Thormann - HSBC...