Commerzbank AG (OTCPK:CRZBF)
$ 15.05 -2.95 (-16.39%) Market Cap: 18.17 Bil Enterprise Value: -26.03 Bil PE Ratio: 7.78 PB Ratio: 0.47 GF Score: 59/100

Q3 2022 Commerzbank AG Earnings Call Transcript

Nov 09, 2022 / 08:00AM GMT
Release Date Price: $8.24
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 in the Internet. (Operator Instructions) The floor will be open for questions following Manfred Knof's and Bettina Orlopp's presentation. Let me now turn the floor over to our CEO, Manfred Knof.

Manfred Knof
Commerzbank AG - Chairman of the Board of MD & CEO

Good morning, everyone, and welcome to our earnings call for the third quarter. Let me start with some general remarks before I walk you through the slides and Bettina goes into the financials.

On the one hand, we see a very strong performance in our business and are fully on track with our transformation program. On the other hand, we face significant macro uncertainties along the lines of GDP, inflation, rates, and asset quality. This makes it very hard to provide you with an outlook that does not come with some health warnings. However, I'm very convinced that we will

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