CRZBY

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Germany, in an unexpected move, will not take part in Commerzbank's share buy-back programme and as a result increase its stake in the lender to 16.5%, business daily Handelsblatt reported on Wednesday citing financial sources.

Germany to raise stake in Commerzbank - Handelsblatt

Deutsche Bank

Commerzbank Chief Executive Manfred Knof on Tuesday played down prospects of a possible merger with larger rival Deutsche Bank , saying such a tie-up was not under discussion at his bank and he was striving to keep the bank independent.

Commerzbank CEO pours cold water on possible Deutsche Bank deal

Commerzbank acquired a 74.9% majority stake in German asset manager Aquila Capital, the bank said on Thursday, without disclosing financial details of the transaction.

Commerzbank acquires majority stake in asset manager Aquila Capital

Deutsche Bank has reportedly resumed merger discussions with fellow German financial institution Commerzbank. The two companies had called off their initial plans to merge five years ago.

Report: Commerzbank and Deutsche Bank Ressurect Merger Talks

Five years after Deutsche Bank and Commerzbank aborted an attempt to merge, an uncertain outlook for bank profitability and Germany's need to plug a hole in its budget are rekindling speculation about a potential deal.

Commerzbank merger talk resurfaces as Germany mulls company sales, sources say

ABN AMRO Bank NV

Germany's largest lender Deutsche Bank AG has stepped up internal discussions about deals involving European lenders like Commerzbank AG and ABN Amro Bank NV , Bloomberg News reported on Friday.

Deutsche Bank discussing deals involving Commerzbank, ABN Amro - Bloomberg News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Commerzbank (CRZBY) Right Now?

FRANKFURT, Dec 21 (Reuters) - Commerzbank (CBKG.DE) said it has received approval from the European Central Bank to buy back up to 600 million euros ($656.88 million) in shares.

Commerzbank gets ECB approval to buy back up to 600 mln eur in shares

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 distribution amounts to 11.5% of Commerzbank's market capitalization and is likely to put upward pressure on the share price.

Commerzbank: Capital Return And Fee Business Targeted In A Bid To Reach 11.5% RoTE In 2027

Commerzbank's chief executive officer Manfred Knof has approached state-backed funds from Asia and the Middle East in recent weeks to gauge their interest in buying a stake of up to 9.9%, Bloomberg News reported on Friday.

Commerzbank seeks wealth fund investor in Asia, Mideast- Bloomberg News

Commerzbank AG (OTCPK: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 - Deutsche Bank Stuart Graham - Autonomous Research Rohith Chandra-Rajan - Bank of America Tobias Lukesch - Kepler Cheuvreux Riccardo Rovere - Mediobanca Group Amit Goel - Barclays Corporate and Investment Bank Anke Reingen - RBC Capital Markets Vishal Shah - Morgan Stanley Operator The conference is now being recorded. Hello, and welcome to the Commerzbank AG Conference Call regarding the Third Quarter Results 2023.

Commerzbank AG (CRZBF) Q3 2023 Earnings Call Transcript

Germany's Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better than expected and helped by higher interest rates.

Commerzbank Q3 net profit more than triples, beats expectations

Deutsche Bank and Commerzbank have won an injunction in London stopping a subsidiary of Russian gas giant Gazprom from suing the lenders in Russia over an aborted gas project.

Deutsche Bank, Commerzbank block Gazprom subsidiary's Russian lawsuits

Shares of Commerzbank were up 11% midday on Friday after the German lender said it was revamping its payout policy for investors, aiming for a return of least 70% of profit for 2024.

Commerzbank shares up 11% after forecasts for bigger profit returns

Germany's Commerzbank said on Thursday it was revamping its payout policy for investors, aiming for a return of least 70% of profit for 2024.

Commerzbank forecasts bigger profit returns for investors

Shares of Commerzbank were down 3.4% late on Friday after a German newspaper reported details of the lender's new strategy plans to be announced in November.

Commerzbank shares fall after report on strategy review

Commerzbank expects to earn net interest income of 8 billion euros ($8.5 billion) this year, its finance chief said on Tuesday, as the bank benefits from higher interest rates.

Commerzbank flags rosier outlook for net interest income

Bank of New York Mellon

A U.S. judge on Monday dismissed most of a lawsuit where Germany's Commerzbank sought to hold Bank of New York Mellon liable for more than $1 billion of losses on toxic mortgages purchased before the 2008 global financial crisis.

US judge tosses most of Commerzbank $1 bln mortgage lawsuit against BNY Mellon

Commerzbank AG (OTCPK:CRZBF) Q2 2023 Earnings Conference Call August 4, 2023 3:00 AM ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Deputy Chairwoman and Chief Financial Officer Conference Call Participants Stuart Graham - Autonomous Research Benjamin Goy - Deutsche Bank Borja Ramirez - Citi Johannes Thormann - HSBC Jeremy Sigee - BNP Paribas Exane Chris Hallam - Goldman Sachs International Anke Reingen - RBC Tobias Lukesch - Kepler Cheuvreux Kian Abouhossein - JP Morgan Vishal Shah - Morgan Stanley Operator Hello and welcome to the Commerzbank AG Conference Call regarding the Second Quarter Results 2023. Please note that this call is being transmitted, as well as recorded by audio webcast, and will subsequently be made available for replay in the internet.

Commerzbank AG (CRZBF) Q2 2023 Earnings Call Transcript

Germany's Commerzbank said on Friday that net profit rose a better-than-expected 20% in the second quarter, helped by higher interest rates but dragged down by previously flagged problems at a Polish unit.

Commerzbank posts better-than-expected 20% rise in Q2 net profit

RusKhimAlyans, a subsidiary of Russian gas giant Gazprom , has filed lawsuits seeking a total of 31 billion roubles ($348 million) from Deutsche Bank and Commerzbank , Russian court documents show.

Gazprom subsidiary files lawsuits against Deutsche Bank and Commerzbank

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 peers in efficiency and profitability. The bank's shares trade at a significant discount to the sector average, but this is justified by its structural woes, making it a less attractive long-term investment.

Commerzbank: Cheap For A Reason

Germany's Commerzbank said on Friday that it would book another provision of 342 million euros ($372.27 million) following a court ruling on how banks treat Swiss franc loans in Poland.

Commerzbank to book further provision for mBank after court ruling

Ruediger Rass, an executive with Germany's Commerzbank , has decided to remain in his current role rather than join the management board following discussions with the European Central Bank, a Commerzbank spokesperson said on Tuesday.

Commerzbank executive drops out of running for board after talks with ECB

Commerzbank AG (OTCPK:CRZBF) Q1 2023 Earnings Conference Call May 17, 2023 3:00 AM ET Company Participants Manfred Knof - Chief Executive Officer Bettina Orlopp - Chief Financial Officer Conference Call Participants Johannes Thormann - HSBC Benjamin Goy - Deutsche Bank Stuart Graham - Autonomous Research Jeremy Sigee - BNP Paribas Exane Vishal Shah - Morgan Stanley Riccardo Rovere - Mediobanca Tobias Lukesch - Kepler Cheuvreux Amit Goel - Barclays Anke Reingen - RBC Borja Ramirez - Citi Operator Good morning, ladies and gentlemen, and welcome to the Commerzbank AG Conference Call. Please note that this call is being transmitted, as well as recorded by audio webcast, and will subsequently be made available for replay in the internet.

News for CRZBY Stock (CRZBY)