Free Trial

Commerzbank (CRZBY) to Release Earnings on Wednesday

Commerzbank logo with Finance background

Key Points

  • Commerzbank is set to announce its earnings on Wednesday, August 6th, expecting to report earnings of $0.67 per share and revenue of $2.97 billion for the quarter.
  • The bank recently increased its dividend to $0.5056, up from $0.26, resulting in a dividend yield of 1.75%.
  • Analysts generally maintain a positive outlook, with ratings including "buy" from Deutsche Bank and "overweight" from Morgan Stanley.
  • MarketBeat previews top five stocks to own in September.
  • Limited Time Offer: Unlock powerful research tools, advanced financial data, and expert insights to help you invest with confidence. Save 50% when you upgrade to MarketBeat All Access during the month of July. Claim your discount here.

Commerzbank (OTCMKTS:CRZBY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect Commerzbank to post earnings of $0.67 per share and revenue of $2.97 billion for the quarter.

Commerzbank (OTCMKTS:CRZBY - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The financial services provider reported $0.77 EPS for the quarter, topping the consensus estimate of $0.76 by $0.01. The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $2.96 billion. Commerzbank had a net margin of 9.99% and a return on equity of 7.28%. On average, analysts expect Commerzbank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Commerzbank Trading Up 0.6%

Shares of CRZBY traded up $0.21 during mid-day trading on Friday, hitting $36.78. The company had a trading volume of 17,119 shares, compared to its average volume of 35,498. The business's 50-day simple moving average is $32.68 and its 200-day simple moving average is $26.78. The company has a quick ratio of 33.14, a current ratio of 33.14 and a debt-to-equity ratio of 14.07. The stock has a market cap of $43.57 billion, a PE ratio of 15.72 and a beta of 0.71. Commerzbank has a 1-year low of $13.28 and a 1-year high of $37.32.

Commerzbank Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th were paid a $0.5056 dividend. This is an increase from Commerzbank's previous dividend of $0.26. This represents a dividend yield of 175.0%. The ex-dividend date of this dividend was Monday, May 19th. Commerzbank's payout ratio is currently 22.22%.

Institutional Investors Weigh In On Commerzbank

An institutional investor recently raised its position in Commerzbank stock. Rhumbline Advisers lifted its position in Commerzbank AG (OTCMKTS:CRZBY - Free Report) by 14.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,140 shares of the financial services provider's stock after purchasing an additional 650 shares during the period. Rhumbline Advisers' holdings in Commerzbank were worth $117,000 at the end of the most recent quarter.

Analyst Ratings Changes

Several analysts have recently issued reports on CRZBY shares. Morgan Stanley reissued an "overweight" rating on shares of Commerzbank in a research report on Monday, May 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Commerzbank in a research report on Thursday, April 24th. Citigroup reissued a "neutral" rating on shares of Commerzbank in a report on Thursday, May 22nd. Finally, Royal Bank Of Canada reissued a "sector perform" rating on shares of Commerzbank in a research note on Wednesday, July 16th.

Check Out Our Latest Analysis on CRZBY

Commerzbank Company Profile

(Get Free Report)

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.

See Also

Earnings History for Commerzbank (OTCMKTS:CRZBY)

Should You Invest $1,000 in Commerzbank Right Now?

Before you consider Commerzbank, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Commerzbank wasn't on the list.

While Commerzbank currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines