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DE000CBK1001
Tue, 15.06.2021
Commerzbank Aktiengesellschaft
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- Third issuance under ongoing programme
- Bond volume of €500 million - coupon fixed at 4.25% per annum
Comme [ … ]
Wed, 12.05.2021
Commerzbank Aktiengesellschaft
- Revenues in Q1 increased by 35% to €2.49bn (Q1 2020: €1.85bn)
- Low risk result of minus €149m (Q1 2020: minus €326m)
- Strong operating result of €538m (Q1 2020: minus €278m)
- Net result of €133m (Q1 2020: minus €291m) despite restructuring charges of €465m
- Common Equity Tier 1 ratio improved to 13.4%
- Full year outlook raised after go [ … ]
Fri, 07.05.2021
Commerzbank Aktiengesellschaft
- Framework arrangements concluded for announced headcount reduction by end of 2024
- Remaining provisions for the headcount reduction to be booked in Q2 2021
- Manfred Knof: "We engaged in some very intensive negotiations and have achieved a result that will enable the fast implementation of the transformation. I would like to express my thanks [ … ]
Fri, 09.04.2021
Commerzbank Aktiengesellschaft
- Enhanced interactive exchange with shareholders planned
- Election of a new auditor and new election of five members of the Supervisory Board on agenda
Commerzbank AG invites its shareholders to its regular Annual General Meeting (AGM) on Tuesday 18 May 2021. Due to the ongoing coronavirus pandemic, the event will once again take place virtuall [ … ]
Thu, 01.04.2021
Commerzbank Aktiengesellschaft
- Virtual Annual General Meeting planned for May 18
Today, the Supervisory Board of Commerzbank AG decided to propose four additional new candidates for election to the Supervisory Board to shareholders at the next Annual General Meeting (AGM). The candidates are Daniela Mattheus, Caroline Seifert and Frank Westhoff. With the dispatch of the invi [ … ]
Thu, 01.04.2021
Commerzbank Aktiengesellschaft
- Socially responsible reduction of 1,700 full-time equivalents by the end of 2021 through a voluntary redundancy programme agreed with the Central Works Council
- Chief Human Resources Officer Sabine Schmittroth: "This is an important step in the necessary headcount reduction"
- Provisions totalling around €470 million to be booked in the first [ … ]
Fri, 08.01.2021
Commerzbank Aktiengesellschaft
- Goodwill write-off has no effect on regulatory capital
- Manfred Knof: "After this balance sheet clean-up, we are well prepared for the road ahead of us. Our goal is to make the bank more profitable in the long-term"
- Bettina Orlopp: "By increasing our risk result we are responding to the ongoing Corona pandemic and feel well prepared for fur [ … ]
Mon, 28.12.2020
Commerzbank Aktiengesellschaft
- Bank and Group Works Council have reached agreement about the planning of restructuring measures in the period from 2021 to 2024
- Additional provisions resolved for the headcount reduction announced in 2019
- Bettina Orlopp: "With the additional reductions, we are creating the basis for absolutely necessary future cost-savings"
Commerzbank ha [ … ]
Fri, 27.11.2020
Commerzbank Aktiengesellschaft
- Roland Boekhout, Member of the Board of Managing Directors of Commerzbank responsible for the Corporate Clients segment, has offered a mutually agreed termination of his contract to the Supervisory Board. The Supervisory Board has today accepted such termination. Roland Boekhout's appointment to the Board of Managing Directors will end on 31 Dece [ … ]
Thu, 05.11.2020
Commerzbank Aktiengesellschaft
- Underlying revenues in Q3 at €2.1bn (Q3 2019: €2.2bn)
- Operating expenses continued to fall to €1.52bn (Q3 2019: €1.56bn) despite IT investments
- Risk result at €-272m (Q3 2019: €-114m) includes impact of €181m from coronavirus effects - low NPE ratio of 0.9 % reflects ongoing good quality of loan book
- Operating profit at €168m (Q3 2019: [ … ]