Commerzbank AG (BSE:CBKN)
lei 72.74 0 (0%) Market Cap: 85.74 Bil Enterprise Value: -123.12 Bil PE Ratio: 8.32 PB Ratio: 0.52 GF Score: 65/100
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Q3 2019 Commerzbank AG Earnings Call Transcript

Nov 07, 2019 / 08:00AM GMT
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 available for replay on the Internet. (Operator Instructions) Let me now turn the floor over to Stephan Engels.

Stephan Engels
Commerzbank AG - CFO & Member of the Board of MDs

Good morning, ladies and gentlemen. Welcome to our conference call on the results of the third quarter of 2019. Last week, we already had to prerelease key figures of Q3 as our results came in better than expected, especially when you factor in the negative exceptional item that has not been part of expectations. In that sense, I'm happy today to guide you through the [force] of the figures of the quarter that can be labeled with a robust performance in a challenging environment.

Let's start with the highlights of the quarter. Q3 yet again shows that we executed on our strategy and delivered. The key drivers of the strategy move us in the right direction. This is a sound

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