Commerzbank : Une perspective de retour à l’actionnaire toujours crédible…et sous-valorisée
>Opinion Surperformance – OC porté à 15.8 € (vs 15.0 €) - L’exercice 2023 a confirmé le redressement tant sur le plan opérationnel (underlying) que bilanciel (notamment capital) de Commerzbank, et In fine conforter la perspective crédible d’amélioration significative du retour à l’actionnaire à CMT (axe principal de notre investment case). Nous réitérons notre opinion Surperformance tout en portant notre OC à 15.8 € (vs 15.0 €) après un ajustement à la hausse de nos a...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.