Commerzbank AG (CRZBF)
| Previous Close | 0.00 |
| Open | 16.90 |
| Bid | 17.75 x 47300 |
| Ask | 18.80 x 42300 |
| Day's Range | 16.55 - 16.90 |
| 52 Week Range | 10.70 - 17.50 |
| Volume | |
| Avg. Volume | 1,685 |
| Market Cap | 21.791B |
| Beta (5Y Monthly) | 1.08 |
| PE Ratio (TTM) | 8.49 |
| EPS (TTM) | 1.95 |
| Earnings Date | Nov 06, 2024 |
| Forward Dividend & Yield | 0.38 (2.28%) |
| Ex-Dividend Date | May 02, 2024 |
| 1y Target Est | N/A |
BloombergCommerzbank Speeds Up Planning Amid Potential UniCredit Bid
(Bloomberg) -- Commerzbank AG has accelerated strategic planning as it seeks to prepare for a potential takeover offer from rival UniCredit SpA.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist Provocations, a Modest Museum Appraisal“Normally, we would
ReutersCommerzbank would lose clients in UniCredit merger, German lender's CEO says
Commerzbank and UniCredit did not discuss a merger at a recent meeting, the German lender's CEO Bettina Orlopp told a local newspaper, saying any tie-up with its Italian peer would result in the loss of customers. Orlopp, in her first interview since becoming CEO of Germany's second-biggest lender by assets after Deutsche Bank, was downbeat on the prospects for big bank mergers. Italy's second-biggest lender after Sanpaolo Intesa has been pressing for a tie-up while Commerzbank has been honing its defence.
ReutersCost cuts in any Commerzbank merger would affect headquarters not branches, Unicredit CEO tells Economist
Cost cuts at Commerzbank if UniCredit were to buy its German rival would mostly affect its head office not its branch network, UniCredit CEO Andrea Orcel was quoted as saying on Friday. UniCredit has built a near 21% stake in Commerzbank, subject to supervisory approval, and said it sees a merger as the best outcome. Such a move would push Commerzbank shares sharply lower.
