Commerzbank AG (BSE:CBKN)
lei 77 0 (0%) Market Cap: 91.73 Bil Enterprise Value: -205.73 Bil PE Ratio: 8.69 PB Ratio: 0.57 GF Score: 65/100

Q3 2020 Commerzbank AG Earnings Call Transcript

Nov 05, 2020 / 08:00AM GMT
Release Date Price: lei19.97 (-2.87%)
Operator

Good morning, ladies and gentlemen, and welcome to the Commerzbank AG Conference Call. Please note that this call is being transmitted as well as recorded by audio webcast and will subsequently be made for available for replay in the Internet. (Operator Instructions) Let me now turn the floor over to Bettina Orlopp.

Bettina Orlopp
Commerzbank AG - CFO, Head of Tax, IR, Treasury & Member of the Board of MDs

Good morning, ladies and gentlemen. Welcome to our earnings call on the third quarter 2020. Overall, the financials of the third quarter came in quite well with no surprises. Most important in the current crisis, we support our customers, our capital ratio remains strong, and the business with our customers shows a stable development. Before I walk you through the financials, I'd like to highlight some of our business achievements of the last months, demonstrating that we are clearly making progress in the transformation of Commerzbank.

Let me start with Private and Small-Business Customers. Just last Monday, we have concluded the legal merger

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot