CRZBY News and Press, Commerzbank AG ADR New From 03/07/22

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

Germany-based lender Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY) on Tuesday delayed the integration of online broker Comdirect, people familiar with the matter told Bloomberg. The push back implies the bank will have to keep 80 employees and maintain the unit's information technology systems for ...

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