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Commerzbank AG (CBK.DE)

XETRA - XETRA Delayed price. Currency in EUR
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7.14+0.23 (+3.36%)
At close: 05:35PM CEST
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Previous close6.91
Bid7.15 x 200000
Ask7.16 x 110000
Day's range6.98 - 7.26
52-week range5.01 - 9.51
Avg. volume6,077,938
Market cap8.945B
Beta (5Y monthly)1.72
PE ratio (TTM)6.55
EPS (TTM)1.09
Earnings date09 Nov 2022
Forward dividend & yieldN/A (N/A)
Ex-dividend date07 May 2020
1y target est9.05
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  • Reuters

    Higher interest rates a 'bright spot' for Europe's banks

    European banks are hoping the boost to their businesses from higher interest rates will be long-lasting as they navigate the economic fallout of war, soaring inflation, and a looming energy crisis. The German lender Commerzbank on Wednesday reported a bigger-than-expected second-quarter net profit that it said was especially helped by higher interest rates. Exhibiting a trend seen across Europe, Commerzbank's net interest income jumped 26% in the period from a year earlier as longer-term interest rates rose in Germany and as the central bank in Poland, where it has a big presence, hiked official borrowing costs.