CBK.DE - Commerzbank AG

XETRA - XETRA Delayed Price. Currency in EUR
8.13
+0.03 (+0.43%)
At close: 5:35PM CEST
Stock chart is not supported by your current browser
Previous Close8.09
Open8.14
Bid8.11 x 200000
Ask8.11 x 110000
Day's Range7.93 - 8.15
52 Week Range5.50 - 11.16
Volume7,561,854
Avg. Volume8,542,329
Market Cap10.178B
Beta (3Y Monthly)1.98
PE Ratio (TTM)11.76
EPS (TTM)0.69
Earnings DateMay 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2019-05-23
1y Target Est11.78
  • ING reportedly approached Commerzbank about a potential merger
    CNBC Videos3 days ago

    ING reportedly approached Commerzbank about a potential merger

    CNBC's Annette Weisbach discusses the reports surrounding ING's alleged interest in a tie-up with German lender Commerzbank.

  • Bonds Signal Deutsche Bank-Commerzbank Tie Up Looks Less Likely
    Bloomberg2 days ago

    Bonds Signal Deutsche Bank-Commerzbank Tie Up Looks Less Likely

    The cost of insuring the debt of Germany’s two largest private-sector lenders against default is diverging and currently stands at the furthest apart in around two months, according to data compiled by Bloomberg. Deutsche Bank is about double the size of crosstown rival Commerzbank AG, but is considered riskier, with credit ratings that are about two steps lower. Deutsche Bank is said to be working on an alternative strategy in case merger talks collapse.

  • Deutsche Bank Said to Prepare Plan B If Takeover Talks Fail
    Bloomberg2 days ago

    Deutsche Bank Said to Prepare Plan B If Takeover Talks Fail

    Some top shareholders want the bank to prepare options as obstacles to a combination pile up, according to people familiar with the matter. Chief Executive Officer Christian Sewing is considering two basic scenarios: a small update that would mainly consist of more and accelerated cost cuts including at the investment bank, and a bigger strategy shift that would create upfront costs, said one of the people. Formal talks between the two lenders have dragged on for almost five weeks and there’s no indication that an agreement is near.

  • MarketWatch2 days ago

    Christopher & Banks' stock trading suspended on NYSE, to be delisted

    Christopher & Banks Corp. said Thursday that the New York Stock Exchange has suspended trading of its stock, and will delist the stock, given that it has fallen below its listing standards. The women's apparel retailer's stock closed Wednesday at 35 cents, and hasn't closed above $1.00 since July 26. The company said it expects the stock to start trading later Thursday on the OTC Markets Group's Pink Market, under the ticker symbol "CBKC." The company said it intends to apply to relist its stock on a "national exchange" once it meets listing standards. The stock has tumbled 68.6% over the past 12 months through Wednesday, while the SPDR S&P Retail ETF has gained 1.0% and the S&P 500 has advanced 7.1%.

  • Financial Times2 days ago

    Deutsche Bank and Commerzbank at odds over client losses

    Deutsche Bank and Commerzbank are at odds over how many clients would ditch the Frankfurt-based rivals if they merged, highlighting one of the many obstacles to a deal that could transform the face of ...

  • German Factories, Stuck in a Slump, Hold Back Euro-Area Economy
    Bloomberg2 days ago

    German Factories, Stuck in a Slump, Hold Back Euro-Area Economy

    (Bloomberg) -- German manufacturing remained in a slump at the start of the second quarter, casting a cloud over the euro-area economy as well as the European Central Bank’s hopes for a quick recovery.

  • Commerzbank Suitors Line Up as Deutsche Bank Discussions Drag On
    Bloomberg2 days ago

    Commerzbank Suitors Line Up as Deutsche Bank Discussions Drag On

    Commerzbank, the smaller of the two, is attracting the most interest, perhaps because it would be easier to digest. Dutch lender ING Groep NV has reached out to the bank and the German government to seek talks, and UniCredit SpA is weighing a potential bid, people familiar with the matter have said. The German Finance Ministry, which oversees the country’s roughly 15 percent stake in Commerzbank, has encouraged the firm’s negotiations with Deutsche Bank.

  • Commerzbank staff give thumbs down to Deutsche deal - survey
    Reuters3 days ago

    Commerzbank staff give thumbs down to Deutsche deal - survey

    About 83 percent of Commerzbank employees who took part in a staff survey are against a merger with Deutsche Bank, according to preliminary results of the poll seen by Reuters on Wednesday. Germany's two largest banks said in March they were in talks to merge, a tie-up that unions have said could result in the loss of 30,000 jobs. Opposition to the proposed deal is stronger at Commerzbank than Deutsche Bank, where a similar survey showed nearly 70 percent did not favour a tie-up.

  • 'Massive job cuts' the only way a Deutsche Bank-Commerzbank merger could happen, strategist says
    CNBC3 days ago

    'Massive job cuts' the only way a Deutsche Bank-Commerzbank merger could happen, strategist says

    The only way a potential merger between Deutsche Bank and Commerzbank would make sense is by making massive job cuts across the two firms, a strategist told CNBC Wednesday.

  • Financial Times3 days ago

    Is the home of Wall Street at risk of losing its wealthiest residents?

    FT premium subscribers can click here to receive Due Diligence every day by email. Keep an eye out today on shares in their respective owners, Deutsche Telekom and SoftBank Group. When David Tepper (below), the billionaire founder of hedge fund Appaloosa Management and New Jersey’s single-largest taxpayer moved to Florida in 2016, he left a huge hole in the state’s income taxes.

  • Financial Times3 days ago

    Commerzbank/ING: Dutch rub

    Commerzbank, long the quiet number two bank in Germany, is no longer a wallflower. The saga over what to do with ailing Deutsche Bank has overshadowed Commerzbank’s modest successes. Commerzbank not only has an official approach from Deutsche Bank to contend with, but interest from European peers.

  • Reuters4 days ago

    ING approached Commerzbank about possible tie-up - Manager Magazin

    ING Groep has approached Commerzbank about a possible tie-up, a German magazine reported on Tuesday. Manager Magazin, citing unnamed sources, said ING made the approach to the German government, which owns a stake in the German lender, and to Commerzbank Chief Executive Martin Zielke.

  • Financial Times4 days ago

    ING joins chase for takeover target Commerzbank

    ING chief executive Ralph Hamers has approached Commerzbank’s boss Martin Zielke suggesting a cross-border merger of both banks that could include the relocation of ING’s headquarters to Frankfurt. The move from the Dutch adds another twist to the protracted takeover saga over Germany’s second-largest listed lender.

  • Deutsche Bank Could Lose $1.7 Billion in Revenue If Deal Happens
    Bloomberg5 days ago

    Deutsche Bank Could Lose $1.7 Billion in Revenue If Deal Happens

    Customers seeking to reduce their exposure to the combined lender could pull business worth 1 billion euros to 1.5 billion euros ($1.1 billion to $1.7 billion), people familiar with the matter said. The estimate is a key factor in deciding whether a deal makes sense, the people said, asking not to be identified in discussing internal deliberations. The loss of business and expected restructuring costs would have to be offset over time by cost savings, currently estimated at about 40 percent of Commerzbank’s cost base, or 2.7 billion euros, the people said.

  • Reuters8 days ago

    Deutsche Bank CEO and chairman to stay in top roles after possible merger - Spiegel

    Deutsche Bank's current Chief Executive Christian Sewing and Chairman Paul Achleitner would continue to lead the bank if it merges with Commerzbank, a German magazine reported on Friday. Der Spiegel, citing no sources, reported that Commerzbank's CEO Martin Zielke would serve as deputy CEO of the combined group in charge of private and corporate banking. If the banks merge, Garth Ritchie of Deutsche Bank would continue to lead the investment bank, Spiegel reported.

  • Deutsche Bank CEO and chair to stay in top roles after possible merger: Spiegel
    Reuters8 days ago

    Deutsche Bank CEO and chair to stay in top roles after possible merger: Spiegel

    Deutsche Bank's current Chief Executive Christian Sewing and Chairman Paul Achleitner would continue to lead the bank if it merges with Commerzbank, a German magazine reported on Friday. Der Spiegel, citing no sources, reported that Commerzbank's CEO Martin Zielke would serve as deputy CEO of the combined group in charge of private and corporate banking. If the banks merge, Garth Ritchie of Deutsche Bank would continue to lead the investment bank, Spiegel reported.

  • Don't Write Off Germany's Big Bank Merger Just Yet
    Bloomberg8 days ago

    Don't Write Off Germany's Big Bank Merger Just Yet

    In recent days, labor representatives on Commerzbank’s board have signaled they are so opposed the deal they will try to remove CEO Martin Zielke. If the merger were to fail, Italy’s UniCredit SpA is poised to acquire Commerzbank, while France’s BNP Paribas SA has also shown interest in the German lender, according to press reports. The last thing Deutsche Bank needs is a stronger competitor in the most attractive pocket of German banking – providing services to small- and medium-sized companies.

  • Financial Times8 days ago

    Officials ‘unconcerned’ by Deutsche Bank-Commerzbank merger risks

    Senior German policymakers have concluded that the country’s financial system would not be put in any more danger by merging Commerzbank with Deutsche Bank, which is already deemed “too big to fail”. Three senior officials with authority to block the potential deal told the Financial Times they are not worried about combining the two banks into an entity with €1.8tn in assets and derivatives exposure of €361bn. Observers have suggested a deal between Deutsche and Commerzbank — which the two lenders have been discussing since mid-March — would create an institution so big and complex that it could not be allowed to fail for fear of the economic fallout.

  • Oil Slips Most in a Month Amid U.S. Supply Boost, Demand Warning
    Bloomberg9 days ago

    Oil Slips Most in a Month Amid U.S. Supply Boost, Demand Warning

    Futures fell 1.6 percent at the close of New York trading, a day after government data showed American crude inventories swelling to the highest since 2017. The International Energy Agency said that while global supplies are tightening for now, the agency could lower its forecasts because of economic threats. The Organization of Petroleum Exporting Countries and its allies have propelled crude’s 40 percent surge this year by cutting output, with supply disruptions from Libya to Venezuela adding momentum.

  • Commerzbank Board Members Seek Meeting to End Deutsche Bank Deal Talks
    Bloomberg9 days ago

    Commerzbank Board Members Seek Meeting to End Deutsche Bank Deal Talks

    With the banks edging closer to a decision on whether to create a German banking powerhouse, labor representatives are seeking to nix a merger and even push out Commerzbank Chief Executive Officer Martin Zielke to avoid job losses running into the tens of thousands. Regulators at the European Central Bank are casting a skeptical eye and lawmakers evoking the financial risks. Opposition to a combination -- meant to guarantee a strong lender to the German economy in good times and bad -- is coming to a head while the banks themselves seek to iron out issues ranging from the premium Deutsche Bank should pay to who might lead the new entity.

  • Commerzbank chairman dismisses 'irresponsible' reports of dissatisfaction with CEO
    Reuters9 days ago

    Commerzbank chairman dismisses 'irresponsible' reports of dissatisfaction with CEO

    Commerzbank's supervisory board chairman on Thursday dismissed reports of board dissatisfaction with its chief executive as irresponsible and unfounded. Chairman Stefan Schmittmann was reacting to reports in recent days that some board members were pushing Commerzbank to end merger talks with rival Deutsche Bank and push CEO Martin Zielke from office. "Rumours and speculation on personnel changes are made up out of thin air," Schmittmann said in a statement emailed to Reuters.

  • Reuters9 days ago

    Commerzbank chairman decries reports of board dissatisfaction over CEO

    The supervisory board chairman of Commerzbank on Thursday decried news reports of the board's dissatisfaction with the bank's chief executive officer. "Rumors and speculation on personnel changes ...

  • Deutsche Bank and Commerzbank Disagree Over Timing of Talks
    Bloomberg9 days ago

    Deutsche Bank and Commerzbank Disagree Over Timing of Talks

    While Commerzbank Chief Executive Officer Martin Zielke wants a decision as soon as possible, Deutsche Bank CEO Christian Sewing wants time to assess the deal, the people said, asking not to be identified. Representatives for Deutsche Bank and Commerzbank declined to comment.