Commerzbank's Targets Look Punchy -- Market Talk

Dow Jones

Feb 13, 2025

0733 GMT - Commerzbank's targets for revenue and operating leverage appear punchy, RBC Capital Markets says in a research note after the German lender outlined a fresh midterm strategy. The new plan points to stronger top-line growth while keeping a lid on costs, with higher capital distributions an extra driver of shareholder returns. The bank is targeting a 15% return on tangible equity--a key profitability measure--for 2028 and a 13.6% return in 2027, ahead of consensus' 11.1% for the latter year. "We are awaiting to get more confidence in the Capital Markets Day presentations with some of this likely to be a function of 'seeing is believing'," analyst Anke Reingen writes. She adds that 2025 guidance points to better profit on higher revenue, which will more than offset higher loan losses. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

February 13, 2025 02:33 ET (07:33 GMT)

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The new plan points to stronger top-line growth while keeping a lid on costs, with higher capital distributions an extra driver of shareholder returns. The bank is targeting a 15% return on tangible equity--a key profitability measure--for 2028 and a 13.6% return in 2027, ahead of consensus' 11.1% for the latter year. \"We are awaiting to get more confidence in the Capital Markets Day presentations with some of this likely to be a function of 'seeing is believing',\" analyst Anke Reingen writes. She adds that 2025 guidance points to better profit on higher revenue, which will more than offset higher loan losses. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2025 02:33 ET (07:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511592506","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511592506","pubTimestamp":1739431980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0733 GMT - Commerzbank's targets for revenue and operating leverage appear punchy, RBC Capital Markets says in a research note after the German lender outlined a fresh midterm strategy. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","CRZBY":"Commerzbank AG"},"translate_title":"德国商业银行的目标看起来很有力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRZBY":0.9},"content_text":"0733 GMT - Commerzbank's targets for revenue and operating leverage appear punchy, RBC Capital Markets says in a research note after the German lender outlined a fresh midterm strategy. The new plan points to stronger top-line growth while keeping a lid on costs, with higher capital distributions an extra driver of shareholder returns. The bank is targeting a 15% return on tangible equity--a key profitability measure--for 2028 and a 13.6% return in 2027, ahead of consensus' 11.1% for the latter year. \"We are awaiting to get more confidence in the Capital Markets Day presentations with some of this likely to be a function of 'seeing is believing',\" analyst Anke Reingen writes. She adds that 2025 guidance points to better profit on higher revenue, which will more than offset higher loan losses. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 13, 2025 02:33 ET (07:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}