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Commerzbank AG (CBK.F)
| Previous close | 15.61 |
| Open | 15.63 |
| Bid | 15.52 x 830000 |
| Ask | 15.60 x 830000 |
| Day's range | 15.52 - 15.80 |
| 52-week range | 9.11 - 15.80 |
| Volume | |
| Avg. volume | 35,148 |
| Market cap | 18.451B |
| Beta (5Y monthly) | 1.15 |
| PE ratio (TTM) | 8.68 |
| EPS (TTM) | 1.79 |
| Earnings date | 07 Aug 2024 |
| Forward dividend & yield | 0.35 (2.24%) |
| Ex-dividend date | 02 May 2024 |
| 1y target est | 9.84 |
- Reuters
UPDATE 2-Upbeat earnings lift STOXX 600 to record high, real estate stocks shine
Europe's main share index notched a record high on Wednesday, as investors cheered robust earnings from the likes of UK's Experian and Germany's Commerzbank, while rate-sensitive stocks got a boost after a softer-than-expected U.S. inflation print. The pan-European STOXX 600 was up 0.6%, with Germany's DAX and France's CAC 40 index also closing at all-time highs.
ReutersCommerzbank reports better-than-expected 29% rise in Q1 profit
Germany's Commerzbank posted a better-than-expected 29% rise in first-quarter net profit on Wednesday, its strongest quarterly profit in a decade, and raised its outlook for net interest income for the full year. Its net profit rose to 747 million euros ($808.25 million) in the quarter from a profit of 580 million euros a year earlier. Analysts had, on average, expected a profit of 652 million euros, according to an April consensus forecast published by Commerzbank.
