Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Commerzbank AG    CBK   DE000CBK1001

COMMERZBANK AG

(CBK)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Commerzbank to hold supervisory board meeting to discuss strategy: sources

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/15/2019 | 01:30pm EDT
FILE PHOTO: FILE PHOTO: A sign for an ATM of Commerzbank is seen next to the headquarters of Deutsche Bank (R) in Frankfurt

FRANKFURT (Reuters) - Commerzbank plans to hold an extraordinary meeting of its supervisory board on May 21 to discuss strategy, people familiar with the matter said on Wednesday.

The gathering, which will take place the day before the bank's annual general meeting, comes amid questions about Commerzbank's future after the collapse of merger talks with rival Deutsche Bank last month.

On Tuesday, Reuters reported that Italian bank UniCredit had stepped up preparations for a potential bid for Commerzbank by drafting in investment bankers. Sources have also said that Dutch bank ING has held informal talks with Commerzbank.

A spokeswoman for Commerzbank declined to comment on the meeting, which was first reported by Handelsblatt.

Half of the bank's 20-member supervisory board are labor representatives, who have worried about job losses if the bank were to merge with a competitor.

Commerzbank plans to present a new strategic plan to investors later this year.

(Reporting by Hans Seidenstuecker and Tom Sims; Editing by Susan Fenton)

Stocks treated in this article : Commerzbank AG, Deutsche Bank AG
Stocks mentioned in the article
ChangeLast1st jan.
COMMERZBANK AG -0.51% 4.93 Delayed Quote.-14.75%
DEUTSCHE BANK AG 0.81% 6.348 Delayed Quote.-8.88%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on COMMERZBANK AG
08/21COMMERZBANK : Germany's Commerzbank weighs closing hundreds of branches
AQ
08/21COMMERZBANK : mulls branch closures as part of broader strategy review
RE
08/19Global Stocks Jump to Start the Week
DJ
08/19Global Stocks Jump to Start the Week
DJ
08/19Global Stocks Jump to Start the Week
DJ
08/19Global Stocks Jump to Start the Week
DJ
08/15Euro zone bank share meltdown brings prices to brink of 1980s
RE
08/14COMMERZBANK : and LBBW have set a new milestone in the digitalisation of commerc..
PU
08/13Gold Pares Early Advance as Trade Hopes Boost Risk Assets
DJ
08/12Global economic outlook darkens amid escalating trade dispute, Ifo says
RE
More news
Financials (EUR)
Sales 2019 8 634 M
EBIT 2019 1 865 M
Net income 2019 853 M
Debt 2019 -
Yield 2019 4,36%
P/E ratio 2019 7,26x
P/E ratio 2020 5,93x
Capi. / Sales2019 0,72x
Capi. / Sales2020 0,70x
Capitalization 6 224 M
Chart COMMERZBANK AG
Duration : Period :
Commerzbank AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends COMMERZBANK AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 7,12  €
Last Close Price 4,97  €
Spread / Highest target 121%
Spread / Average Target 43,3%
Spread / Lowest Target -1,40%
EPS Revisions
Managers
NameTitle
Martin Zielke Chairman-Management Board
Stefan Schmittmann Chairman-Supervisory Board
Frank Annuscheit Chief Operating Officer
Stephan Engels Chief Financial Officer
Uwe Tschäge Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
COMMERZBANK AG-14.75%6 944
JP MORGAN CHASE & COMPANY9.93%343 071
INDUSTRIAL AND COMMERCIAL BANK OF CHINA2.46%261 632
BANK OF AMERICA10.67%248 718
WELLS FARGO & COMPANY-3.04%196 865
CHINA CONSTRUCTION BANK CORPORATION9.73%185 138