CBK Stock Overview
Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||€7.33|
|52 Week High||€9.51|
|52 Week Low||€5.01|
|1 Month Change||-9.31%|
|3 Month Change||0.95%|
|1 Year Change||17.15%|
|3 Year Change||15.97%|
|5 Year Change||-29.74%|
|Change since IPO||-94.08%|
Recent News & Updates
|CBK||DE Banks||DE Market|
Return vs Industry: CBK exceeded the German Banks industry which returned -12.7% over the past year.
Return vs Market: CBK exceeded the German Market which returned -22% over the past year.
|CBK Average Weekly Movement||7.7%|
|Banks Industry Average Movement||4.5%|
|Market Average Movement||5.6%|
|10% most volatile stocks in DE Market||10.2%|
|10% least volatile stocks in DE Market||2.9%|
Stable Share Price: CBK is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CBK's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letters of credit, guarantees, trade facilitation, supply chain financing, buyer’s credit, and forfaiting services; and bilateral loans, club deals, Schuldschein instruments, syndicated loans, bonds, private placements, other debt instruments, and Islamic financing services.
Commerzbank Fundamentals Summary
|CBK fundamental statistics|
Is CBK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CBK income statement (TTM)|
|Cost of Revenue||€0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 03, 2022
|Earnings per share (EPS)||0.36|
|Net Profit Margin||5.68%|
How did CBK perform over the long term?See historical performance and comparison
Is CBK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CBK?
Other financial metrics that can be useful for relative valuation.
|What is CBK's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CBK's PE Ratio compare to its peers?
|CBK PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PCZ ProCredit Holding KGaA
MBK Merkur PrivatBank KgaA
Price-To-Earnings vs Peers: CBK is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (14.3x).
Price to Earnings Ratio vs Industry
How does CBK's PE Ratio compare vs other companies in the European Banks Industry?
Price-To-Earnings vs Industry: CBK is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the European Banks industry average (8.9x)
Price to Earnings Ratio vs Fair Ratio
What is CBK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||20.2x|
|Fair PE Ratio||13.4x|
Price-To-Earnings vs Fair Ratio: CBK is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (13.4x).
Share Price vs Fair Value
What is the Fair Price of CBK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CBK (€7.33) is trading below our estimate of fair value (€14.29)
Significantly Below Fair Value: CBK is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: CBK is good value based on its PEG Ratio (1x)
Discover undervalued companies
How is Commerzbank forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBK's forecast earnings growth (20.6% per year) is above the savings rate (-0.05%).
Earnings vs Market: CBK's earnings (20.6% per year) are forecast to grow faster than the German market (8.3% per year).
High Growth Earnings: CBK's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CBK's revenue (1.4% per year) is forecast to grow slower than the German market (4.8% per year).
High Growth Revenue: CBK's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBK's Return on Equity is forecast to be low in 3 years time (6%).
Discover growth companies
How has Commerzbank performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBK has a large one-off loss of €628.0M impacting its March 31 2022 financial results.
Growing Profit Margin: CBK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CBK has become profitable over the past 5 years, growing earnings by -45.9% per year.
Accelerating Growth: CBK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CBK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (33.3%).
Return on Equity
High ROE: CBK's Return on Equity (1.8%) is considered low.
Discover strong past performing companies
How is Commerzbank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score5/6
Financial Health Score 5/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CBK's Assets to Equity ratio (17.6x) is moderate.
Allowance for Bad Loans: CBK has a low allowance for bad loans (68%).
Low Risk Liabilities: 71% of CBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: CBK has an appropriate level of Loans to Assets ratio (50%).
Low Risk Deposits: CBK's Loans to Deposits ratio (75%) is appropriate.
Level of Bad Loans: CBK has an appropriate level of bad loans (1.5%).
Discover healthy companies
What is Commerzbank current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CBK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CBK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CBK's dividend payments have been increasing.
Current Payout to Shareholders
Earnings Coverage: CBK is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CBK's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Manfred Knof (56 yo)
Dr. Manfred Knof has been Chairman of the Board, Managing Director and Chief Executive Officer at Commerzbank AG since January 1, 2021. Dr. Knof serves as the Head of Retail Division for Deutsche Bank. He...
CEO Compensation Analysis
Compensation vs Market: Manfred's total compensation ($USD4.14M) is about average for companies of similar size in the German market ($USD5.63M).
Compensation vs Earnings: Insufficient data to compare Manfred's compensation with company performance.
Experienced Management: CBK's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: CBK's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Commerzbank AG's employee growth, exchange listings and data sources
- Name: Commerzbank AG
- Ticker: CBK
- Exchange: XTRA
- Founded: 1870
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: €9.177b
- Shares outstanding: 1.25b
- Website: https://www.commerzbank.com
Number of Employees
- Commerzbank AG
- Frankfurt am Main
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.