Commerzbank AG (CBK.DE)

XETRA - XETRA Delayed Price. Currency in EUR
5.91-0.13 (-2.18%)
At close: 11:35 AM EDT
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Prev Close6.05
Bid0.00 x 200000
Ask0.00 x 110000
Day's Range5.84 - 6.09
52wk Range5.16 - 10.84
1y Target EstN/A
Market Cap7.41B
P/E Ratio (ttm)9.36
Avg Vol (3m)12,790,486
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Reuters8 hours ago

    Worries over German banks sink bond issue, rattle shares

    Deutsche Bank (DBKGn.DE) shares hit a record low on Tuesday and state-backed lender NordLB scrapped plans for a 500 million euro ($560 million) bond sale, underlining investor concern about the health of the financial industry in Europe's largest economy. The decision by NordLB to shelve the bond issue because of a lack of demand came a day after Deutsche, Germany's largest bank with around 100,000 employees, was forced to reassure investors it did not need government support to help meet a potential $14 billion claim from the U.S authorities. Andreas Dombret, board member responsible for banking supervision at Germany's central bank, said politicians must let Europe's banks sort out their own problems and allow the sector to shrink to an economically sustainable size.

  • Reuters9 hours ago

    Allianz exploring options for its private bank OLB

    Allianz is in talks with interested parties about the partial or total sale of regional private bank Oldenburgische Landesbank AG (OLB), which is 90-percent owned by the German insurer, OLB said on Tuesday. Sources told Reuters that U.S. private equity group Apollo and Germany's Commerzbank had submitted non-binding offers for the bank, which has assets of 13 billion euros ($14.6 billion). Commerzbank and Allianz declined to comment about any possible bids.

  • Bloomberg11 hours ago

    Commerzbank Shares Hit by Talk of Job, Dividend Cuts

    Shares of Commerzbank AG tumbled following media reports of plans for up to 9,000 job cuts and a suspension of dividend payments as part of an overhaul from new Chief Executive Officer Martin Zielke. Bloomberg's ...