- Net Income: €538 million, below the estimated €550.5 million.
- Revenue: €2.67 billion, above the estimated €2.62 billion.
- Operating Profit: €870 million, slightly below the estimated €876 million.
- Provision for Loan Losses: €199 million, higher than the estimated €170.3 million.
- Common Equity Tier 1 Ratio: 14.8%, matching the estimate of 14.8%.
- Efficiency Ratio: 59.9%, matching the estimate of 59.9%.
- Adjusted Revenue: €2.82 billion, no estimate provided.
- Net Interest Income: €2.08 billion, slightly above the estimated €2.07 billion.
- Net Commission Income: €879 million, marginally above the estimated €876.8 million.
- Operating Expenses: €1.52 billion, matching the estimate of €1.52 billion.
- Analyst Ratings: 14 buy ratings, 8 hold ratings, and 2 sell ratings.
A look at Commerzbank AG Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Commerzbank AG, a financial institution that provides retail and commercial banking services, seems to have a positive long-term outlook according to Smartkarma Smart Scores. With a strong score of 5 in both Value and Growth, the company is positioned well for potential growth and is considered to be undervalued based on its financial metrics. This indicates a solid potential for capital appreciation over the long run.
Additionally, Commerzbank AG scores high in Resilience, reflecting its ability to weather economic uncertainties and market fluctuations. Combined with a respectable score of 4 in Momentum, suggesting a positive trend in stock performance, the bank appears to be in a stable position to navigate the financial markets successfully in the long term.
### Commerzbank AG attracts deposits and offers retail and commercial banking services. The Bank offers mortgage loans, securities brokerage, and asset management services, private banking, foreign exchange, and treasury services worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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