Commerzbank

22/11/22 -"Commerzbank released good Q3 22 figures despite the dampener from the Polish subsidiary mBank's results which had been announced previously. The good 9M 22 net profit of €963m was helped by higher ..."

PDF page sample
Pages
59
Language
English
Published on
22/11/22
Download
You may also be interested by these reports :
25/11/22
As indicated after the Q3 report, we have upgraded our EPS estimates for 2022 (+24%) and 2023 (+18%). This upgrade stems mostly from an increased ...
24/11/22
We have finetuned our forecasts. This has translated into minor changes in 2022 as the revenue upgrade (+6% driven by a 10% increase in net interest ...
24/11/22
As announced in our post-release comments, we have upgraded our 2022 forecasts on the back of the stronger-than-expected net interest margin ...
23/11/22
We have again downgraded our forecasts after the fifth quarterly profit warning in a row on 23 November. We have expected so far a net loss of around ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO