Streetbeat News

CRZBY

Commerzbank AG

https://www.commerzbank.co.uk/

Industry

Monetary Authorities-Central Bank

Open

26.50

Mkt cap

31B

Volume

286

High

26.60

P/E Ratio

13.66

52-wk high

26.60

Low

26.29

Div yield

0.01

52-wk low

12.88

Commerzbank's chairman Jens Weidmann expressed skepticism about a friendly merger with UniCredit following the Italian bank's unexpected acquisition of a significant stake in Commerzbank.

Portfolio Pulse from

January 13, 2025 | 8:00 am

UniCredit's CEO Andrea Orcel highlights the bank's investment in Commerzbank and its bid for Banco BPM as tests for euro zone integration, crucial for economic stability.

Portfolio Pulse from

December 20, 2024 | 7:15 am

Germany will not subject a potential takeover of Commerzbank by Italy's UniCredit to investment screening, according to a German government source.

Portfolio Pulse from

December 19, 2024 | 4:00 pm

Commerzbank suggests that despite a 30% rally, silver remains undervalued looking towards 2025. This indicates potential for further price increases in the silver market.

Portfolio Pulse from

December 03, 2024 | 7:30 pm

Deutsche Bank is gaining new business as Commerzbank faces uncertainty over a potential takeover. Commerzbank's customers are turning to Deutsche Bank for funding, according to Jan-Philipp Gillmann, head of Deutsche Bank's German/European corporate banking division.

Portfolio Pulse from

November 26, 2024 | 5:15 pm

UniCredit's CEO Andrea Orcel has ruled out relocating the bank's headquarters to Germany in the event of acquiring Commerzbank. The Italian bank plans to wait for a new government in Berlin before considering any potential bid.

Portfolio Pulse from

November 22, 2024 | 1:45 pm

Commerzbank's CEO, Bettina Orlopp, stated that the decision regarding any potential merger with Italy's UniCredit lies with the bank's management, not the government.

Portfolio Pulse from

November 22, 2024 | 9:00 am

The CEOs of Commerzbank and UniCredit have engaged in a second round of extensive talks following UniCredit's acquisition of a significant stake in Commerzbank.

Portfolio Pulse from

November 15, 2024 | 4:30 pm

Commerzbank is considering acquiring a mid-sized German bank to prevent a potential takeover by Italy's UniCredit.

Portfolio Pulse from

November 12, 2024 | 3:45 pm

UniCredit and Commerzbank are in a takeover battle, with both banks showcasing their financial strength by raising their outlooks after reporting strong third-quarter results.

Portfolio Pulse from

November 09, 2024 | 2:45 pm

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