Analysts expect over 2018 decreasing revenue Commerzbank

Tomorrow the German Commerzbank will publish its past quarter's figures. Over the current book year the total revenue will be 8,82 billion euros (consensus estimates). This is slightly lower than 2016's revenue of 9,43 billion euros.

Historical revenues and results Commerzbank plus estimates 2018

The analysts expect for 2018 a net profit of 381 million euros. The majority of the analysts expects for this year a profit per share of 30 cent. The price/earnings-ratio therefore equals 41,17.

For this year analysts don't expect the company to pay a dividend.The average dividend yield of the banks equals a moderate 1 percent.

Most recent target prices around 13 euros

The most recent recommendations for the bank are from Macquarie Research, Morgan Stanley and RBC Capital Markets.

Based on the current number of outstanding shares Commerzbank's market capitalization 15,47 billion euros.

At 10.57 the stock trades 0,53 percent higher at 12,35 euros.

Historical stock prices Commerzbank

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.