Commerzbank AG

CBK

DE000CBK1001

Banks

Real-time Estimate Tradegate Other stock markets 03:23:35 2024-04-26 am EDT			5-day change	1st Jan Change
14.16 ^EUR	+0.73%		+5.53%	+31.18%

Apr. 25	Wall Street: Meta and GDP dampen spirits	CF
Apr. 25	Commerzbank-Acquila Capital JV Gets EU Approval	MT

Commerzbank : aims for "net zero" credit and investment portfolio by 2050

September 17, 2021 at 04:23 am EDT

FRANKFURT (Reuters) - Commerzbank said on Friday that its credit and investment portfolio would be "net zero" for carbon emissions by 2050.

It also said it would triple its sustainable financing business to around 300 million euros by the end of 2025 compared with the end of last year.

(Reporting by Tom Sims and Matthias Inverardi; Editing by Tomasz Janowski)

Latest news about Commerzbank AG

Wall Street: Meta and GDP dampen spirits	Apr. 25	CF
Commerzbank-Acquila Capital JV Gets EU Approval	Apr. 25	MT
German bonds rise slightly ahead of US data	Apr. 25	DP
German bonds: Little movement in the morning	Apr. 25	DP
Moody's Affirms Commerzbank Ratings on Resilient Fundamentals, Changes Outlook to Positive	Apr. 25	MT
COMMERZBANK AG : Warburg Research keeps its Buy rating	Apr. 24	ZD
Australia's Inflation Surprises to The Upside in Q1, Notes Commerzbank	Apr. 24	MT
Commerzbank on Overnight News	Apr. 24	MT
European Midday Briefing : Stocks Trade Higher, Focus on U.S. Tech Earnings	Apr. 24	DJ
Withdrawing money in supermarkets - retailers no longer want to pay fees	Apr. 23	DP
Wheat Futures Up as Short-Covering Streak Extends -- Daily Grain Highlights	Apr. 23	DJ
World Primed for More Balanced Growth as U.S. Cools, Peers Pick Up Pace -- 3rd Update	Apr. 23	DJ
Commerzbank on The Importance of This Week's CPI Data in Australia	Apr. 23	MT
Gold Futures Slump to Lowest Level Since Early April as Middle East Tensions Ease -- Update	Apr. 23	DJ
Higher US LNG Deliveries, Easing Geopolitical Tensions to Put Pressure on EU Natural Gas Prices, Commerzbank Says	Apr. 23	MT
Commerzbank on Overnight News	Apr. 23	MT
Eurozone Growth Gap With U.S. Points to Central-Bank Divergence -- Update	Apr. 23	DJ
Gazprom subsidiary must stop Russian lawsuit against UniCredit, UK Supreme Court rules	Apr. 23	RE
France's Iliad Launches EUR500 Million Bond Issue	Apr. 23	MT
Commerzbank Says "Significant" Recovery in The Canadian Dollar in Next Months Seems Increasingly Unlikely	Apr. 22	MT
Swiss Market Index Closes Higher; UBS Slumps	Apr. 22	MT
European Equities Close Higher in Monday Trading; EC Probes TikTok Over Possible DSA Violations	Apr. 22	MT
Commerzbank Asks How Many Japanese Government Bonds The Bank of Japan Needs to Buy	Apr. 22	MT
COMMERZBANK AG : Goldman Sachs remains Neutral	Apr. 22	ZD
European Commission OKs Planned JV by Commerzbank, Evo Payments	Apr. 22	MT

Commerzbank AG is one of the leading German banking groups. Net banking product (NBP) breaks down by activity as follows: - retail banking and private banking (52.4%): sales of classical and specialized banking products and services (consumer loans, leasing, etc.), private banking, etc.; - market and investment banking (33.2%): financial engineering, merger-acquisition consulting, stock operations, specialized and structured financing, capital market operations, etc.; - other (14.4%): public works financing, specialized and structured financing, mortgage loans, etc. At the end of 2023, the group managed EUR 419.8 billion in current credits and EUR 298.7 billion in current deposits.

Sector

Banks

Calendar

2024-04-30 - Annual General Meeting

Related indices

STOXX EUROPE 600 (EUR) , DAX

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Income Statement Evolution

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Analysis / Opinion

Commerzbank Notes Risk Premium Expected to Remain Amid Geopolitical Developments

April 19, 2024 at 05:44 am EDT

COMMERZBANK : EPS cut (2023: +1.5%, 2024: -6.5%)

February 19, 2024 at 08:56 am EST

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ESG Refinitiv

A-

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Sell

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OUTPERFORM

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14.06 EUR

Average target price

14.49 EUR

Spread / Average Target

+3.08%

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Commerzbank AG

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CBK

DE000CBK1001

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Commerzbank : aims for "net zero" credit and investment portfolio by 2050

Latest news about Commerzbank AG

Chart Commerzbank AG

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Commerzbank AG

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks