Commerzbank : Q2 2021: a (further) quarter of ‘transition’...
>Quarterly results skewed by sizeable one-offs… - The group reported its Q2 2021 results yesterday morning, with a net loss of ~€ 0.5bn virtually in line with forecasts and affected to a great extent by restructuring charges (€ 511m). In H1 2021, the group reported an operating profit of € 570m thanks in particular to the solid performance in Q1 (vs an operating loss of € 74m in H1 2020).The good underlying operating profit performance in relative terms was lar...Commerzbank operates through five segments: Private Customers, which comprises the Private Customers, Direct Banking and Commerz Real divisions; Mittelstandsbank, which include the Mittelstand Germany, Corporate Banking & International and Financial Institutions divisions; Central and Eastern Europe, which consists of the universal and regional banking and direct banking activities; Corporates and Markets, which consists the Equity Markets & Commodities, Fixed Income & Currencies, Corporate Finance and Credit Portfolio Management divisions; as well as Non-Core Assets, which includes the operations of CRE Banking Germany, CRE Banking International, Public Finance and Deutsche Schiffsbank.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.