Is CRZBF.PK a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

188 people get CRZBF.PK articles and Market Currents by email alert.

Get email alerts on CRZBF.PK »

FOCUS | PRO | RELATED | TRANSCRIPTS | NEWS & PR

There are no Focus articles on CRZBF.PK.

To learn more about Seeking Alpha Pro, click here.

Euro And European Equities Diverging: Sign Of More ECB Action?
Pendulum • Mon, May 20 • 2 Comments
Greece: The Only Question Is Who Will Take The Hit
George Kesarios • Wed, Nov 21, 2012 • 38 Comments
What To Do For The Rest Of 2012?
Cam Hui • Mon, Aug 6, 2012 • 9 Comments
Just What Is the Real Exposure To Greece? - Part 1
Graham Summers • Fri, Feb 24, 2012 • 7 Comments
Is The Eurozone Banking System About To Collapse?
Cam Hui • Sun, Dec 11, 2011 • 34 Comments
Here Is The Contagion
Cam Hui • Mon, Dec 5, 2011 • 7 Comments
World's Most Dangerous Banks And Their Host Countries
The PolyCapitalist • Fri, Nov 11, 2011 • 7 Comments
Using A Stress Test Calculator To Bet Against European Banks
Shareholders Unite • Thu, Oct 13, 2011 • 7 Comments
Are Canadian Banks Better Than U.S. and European Banks?
David Hunkar • Mon, Aug 22, 2011 • 6 Comments
3 Crashes and Another Credit Crisis
Daryl Montgomery • Fri, Aug 19, 2011 • 3 Comments
ETF Update: Stock Market Fireworks: SPY, GLD and DIA
Wall Street Sector Selector • Tue, Jul 5, 2011

There are no Transcripts on CRZBF.PK.

There are no News articles on CRZBF.PK.

CRZBF.PK vs. ETF Alternatives

Company Description

Currently, there's no company description for CRZBF.PK.

Sector: Financial

Industry: Money Center Banks

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, June 18, 6:53 AM Commerzbank (CRZBF.PK, CRZBY.PK) will slash more than 5K jobs as part of its cost-cutting program, reports Reuters, which adds the bank has reached preliminary agreement with labor unions over the implementation of said cuts. Shares +1.2% in Frankfurt. Comment! [Financials]
Wednesday, May 29, 3:34 AM Germany's largest banks, including Deutsche Bank (DB) and Commerzbank (CRZBF.PK), were €14B short at the end of 2012 of the capital they will need to meet Basel III banking requirements. However that's down from €32B earlier in H2 and the banks still have until 2019 to comply. Meanwhile, the BaFin regulator says Libor manipulation appears to have been limited to individuals rather than to have been due to "systematic criminality." Comment! [Financials]
Tuesday, May 14, 10:05 AM Commerzbank (CRZBY.PK) is in "intensive" talks to unload the bulk of its €5.7B portfolio of U.K property loans to Wells Fargo (WFC) and P-E fund Lone Star. The disclosure was made in the prospectus for its capital raise launched today. About a month ago it was reported the parties were in exclusive talks for the assets in what could be a sweet deal for the buyers. Comment! [Financials]
Tuesday, May 14, 7:05 AM Commerzbank (CRZBY.PK) sets its capital raise, offering 556M shares at 4.5 euros each, a 55% discount to Monday's close. Excluding the value of subscription rights - set at 2.65 euros/share - it's inline with expectations for a 38% discount. With the money, the bank will repay Germany and Allianz, saving about 200M euros/year. Stock's off 1.8% in Frankfurt. Comment! [Financials]
Thursday, January 24, 5:51 AM Commerzbank (CRZBF.PK), Germany's second-largest lender, is joining the long list of banks that are slashing jobs with plans to cut 4,000-6,000 positions worldwide by 2016. The staff reductions are part of Commerzbank's cost-savings program as it looks to reach its "profit and growth targets amid a continuous difficult environment." Comment! [Financials]
Tuesday, September 25, 2012, 6:03 AM Germany has a particular interest in helping Spain through its crisis, as the exposure of German lenders to the Mediterranean country is $139.9B, of which $45.9B is to banks. German institutions are particularly exposed to covered bonds, which are often backed by the collateral of consumer mortgages, whose values may have been affected by the cratering of the residential market. 1 Comment [Financials, M&A]
Thursday, September 13, 2012, 5:08 AM RBS, Commerzbank and Standard Bank are suing Dubai Group for the immediate repayment of loans after withdrawing from talks to restructure the holding company's $10B debt three months ago. It's an unusual move given that banks tend to take the best terms they can get with the emirate, especially as the group is owned by Dubai ruler Sheikh Mohammed bin Rashid al Maktoum. 1 Comment [Financials]
Friday, June 8, 2012, 2:48 AM Eurozone capital flight is leaving German banks flush with cash. Deposits in German banks rose 4.4% Y/Y to €2.17T as of April 30, according to the ECB, while deposits in Spain, Greece and Ireland shrank 6.5% to €1.2T in the same period. The influx is a boon for domestic banks, and both Deutsche Bank (DB) and Commerzbank have taken in billions of euros in additional customer deposits. 2 Comments [Global & FX, Financials]
Wednesday, June 6, 2012, 3:18 AM Commerzbank (CRZBY.PK), Germany’s second-largest bank, has its credit rating cut one level by Moody's. The move is a "bit harsh," say some analysts, but eurozone uncertainty does pose a potential risk to German firms. Five other German banks were also downgraded and Deutsche Bank (DB), Germany's largest lender, is still under review. 1 Comment [Global & FX, Financials]
Wednesday, July 6, 2011, 7:49 AM Italian banks are again incurring the brunt of the damage in an EU selloff as Spain looks to have been officially replaced as the next domino in the EU debt crisis. Unicredit -5.4% is threatening to take out its panic low of June 24 following the Moody's downgrade warning. Italy -1.8%. Comment! [Global & FX, Financials]

CRZBF.PK Commerzbank Ag Beare

CRZBF.PK

Commerzbank Ag Beare