Commerzbank AG Stock
Commerzbank AG Stock
Commerzbank is a German multinational financial institution that provides a diverse range of banking and financial services, including corporate banking, investment banking, asset management, private banking, and retail banking. Founded in 1870, the company operates through a network of branches and subsidiaries in Germany, Europe, and other international regions. Commerzbank is listed on the Frankfurt Stock Exchange and is a member of the DAX 30 index. The company has a strong reputation for its expertise in trade finance and international banking and has played an important role in shaping the German economy over the past century.
Pros and Cons of Commerzbank AG in the next few years
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Performance of Commerzbank AG vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Commerzbank AG | -1.470% | 0.360% | 10.146% | 38.256% | 29.828% | 154.562% | 72.478% |
| Texas Capital Bancshares | - | -4.464% | -5.310% | 18.363% | -8.547% | -5.310% | -6.876% |
| Commerce Bancshares Inc. | -0.970% | -0.971% | 4.508% | 2.823% | 4.938% | -21.538% | -1.035% |
| UMB Financial Corp | 3.470% | -5.096% | -6.875% | 31.858% | -1.325% | -6.875% | 19.563% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Overall, the financial statements of Commerzbank reflect a stable business with some areas of improvement. The company appears to be maintaining a healthy level of assets and has seen positive growth in its revenue and net income. However, there are a few concerning areas, such as the high level of long-term debt and negative operating cash flows in 2021.
Increasing Total Assets: Commerzbank's total assets have been growing steadily over the years, from €506.9 billion in 2020 to €477.4 billion in 2022. This indicates that the company has been efficiently managing its resources and expanding its asset base.
Growth in Revenue: In 2022, Commerzbank's total revenue reached €10.39 billion, showing growth from €8.77 billion in 2020. This suggests that the company has managed to increase its income, an essential aspect for a growing business.
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News
EQS-News: Commerzbank Annual General Meeting approves all items on agenda
EQS-News: Invitation to Annual General Meeting of Commerzbank on 30 April 2024
EQS-News: Commerzbank successfully completes share buyback of €600 million