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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE000CBK1001
Tue, 05.03.2024
Commerzbank Aktiengesellschaft
In total 55,554,320 own shares repurchased (4.48% of the share capital)
CFO Bettina Orlopp: “The success reinforces our intention to continue a combination of share buybacks and dividend payments when it comes to capital return.”
Today, Commerzbank AG successfully completed its share buyback programme. The second programme of its history started o [ … ]
Thu, 15.02.2024
Commerzbank Aktiengesellschaft
Operating result increased by more than 60% to €3.4 billion in 2023 (2022: €2.1 billion) – net profit increased by 55% to €2.2 billion
Strong customer business and interest rate development lead to very strong net interest income and revenues increased to €10.5 billion (2022: €9.5 billion)
Costs reduced to €6.4 billion (2022: €6.5 billion) – cost [ … ]
Thu, 18.01.2024
Commerzbank Aktiengesellschaft
Commerzbank acquires 74.9 per cent in Aquila Capital Investmentgesellschaft – Group’s real asset portfolio grows to more than €40 billion
Aquila Capital Investmentgesellschaft to make a significant contribution to the planned growth in commission income – access to sales network of the company and project development of Aquila Group offer interna [ … ]
Thu, 11.01.2024
Commerzbank Aktiengesellschaft
Partnership combines Commerzbank’s strong position serving small and medium size German businesses and Global Payments’ leading payment technology and software capabilities
Joint venture will offer digital payment services for merchants
Frankfurt/ Main, Atlanta, 11 January 2024 – Commerzbank (FRA: CBK) and Global Payments (NYSE: GPN), a leading wo [ … ]
Fri, 08.12.2023
Commerzbank Aktiengesellschaft
Pillar 2 capital requirement (P2R) set to 2.25%
Maximum Distributable Amount (MDA) threshold for Common Equity Tier 1 pro forma at 10.27% of RWA
Additional own funds requirement for leverage ratio (SREP P2R-LR) set at 0.1% for the first time
CFO Bettina Orlopp: "The requirements are fully reflected in our strategic planning and capital return p [ … ]
Wed, 08.11.2023
Commerzbank Aktiengesellschaft
Strategy update:
Bank to strengthen revenue base through selective expansion of its customer business – focus on digital banking, asset management and sustainable finance
Cost-income ratio to be reduced to 55% by 2027 – target net profit around €3.4 billion
Attractive capital return planned for shareholders
CEO Manfred Knof: “With our refined [ … ]
Thu, 28.09.2023
Commerzbank Aktiengesellschaft
Total pay-out for 2022 to 2024 of €3 billion confirmed, pay-out ratio for 2024 will be at least 70%
Net return on tangible equity (RoTE) expected to rise to more than 11% in 2027 given a CET 1 ratio of 13.5%
For the years 2025 to 2027, pay-out ratio of more than 50% but not more than the net result after AT1 coupons and minorities is planned
CEO [ … ]
Mon, 11.09.2023
Commerzbank Aktiengesellschaft
At its meeting today, the Supervisory Board of Commerzbank has appointed Bernd Spalt as the new Chief Risk Officer to the Board of Management Directors, with effect from 1 January 2024. Spalt will succeed Marcus Chromik, who will – in line with his plans for his personal life – leave Commerzbank at the end of this year, as already announced in July [ … ]
Fri, 04.08.2023
Commerzbank Aktiengesellschaft
Operating result up by 19% to €888 million in Q2, net profit increased by 20% to €565 million
Q2 revenues improved by 9% to €2.6 billion with strong contributions from customer business and momentum due to higher interest rates – burdens in Poland offset
Costs reduced by 2% to €1.5 billion (Q2 2022: €1.6 billion) – cost-income ratio in the first [ … ]
Fri, 28.07.2023
Commerzbank Aktiengesellschaft
CET 1 ratio of 9.5% (2021: 8.2%) in the adverse scenario, despite significantly tougher assumptions
Stress effect reduced to 464 basis points
Chief Risk Officer Marcus Chromik: “Through our ‘Strategy 2024’, we have sustainably strengthened the Bank’s profitability and thus improved our resilience even further.”
In this year’s stress test conducte [ … ]