Commerzbank AG (CBK.DE)

XETRA - XETRA Delayed Price. Currency in EUR
5.81-0.18 (-3.09%)
At close: 11:35 AM EDT
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Prev Close5.99
Bid0.00 x 200000
Ask0.00 x 110000
Day's Range5.79 - 6.15
52wk Range5.16 - 10.84
1y Target EstN/A
Market Cap7.28B
P/E Ratio (ttm)9.19
Avg Vol (3m)12,578,453
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Financial Times37 minutes ago

    [$$] Hedge funds pull business from Deutsche Bank

    Hedge funds have started to pull some of their business from Deutsche Bank, setting up a potential showdown with German authorities over the future of the country's largest lender. As its shares fell sharply ...

  • Reuters7 hours ago

    Germany's Commerzbank cuts nearly 10,000 jobs, halts dividend

    Germany's Commerzbank will cut more than a fifth of its workforce and suspend its dividend as it tackles the challenges of low interest rates, weak profits and the shift to online banking. Germany's second biggest lender said on Thursday it plans to cut 9,600 of its 45,000 full-time positions, a more drastic move than the 10 percent staff reduction at larger rival Deutsche Bank, which remains under pressure for deeper cost cuts. Commerzbank said its overhaul, which includes merging its four main business segments into two and moving 80 percent of its processes online, would make its earnings less volatile.

  • TheStreet.com8 hours ago

    Commerzbank Slashes Jobs and Dumps Dividend To Reverse Earnings Slide

    Germany's No. 2 lender will cut almost 9,600 jobs and post a third-quarter loss after asset write-downs.