Investing.com - Commerzbank (DE:CBKG) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Commerzbank announced earnings per share of €-0.54 on revenue of €2.91B. Analysts polled by Investing.com anticipated EPS of €0.155 on revenue of €1.98B.
Commerzbank shares are down 2% from the beginning of the year and are trading at €5.126 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 17.34% from the start of the year.
Commerzbank follows other major Financial sector earnings this month
Commerzbank's report follows an earnings missed by Deutsche Bank AG on Tuesday, July 27, 2021, who reported EPS of €0.2 on revenue of €6.21B, compared to forecasts EPS of €0.335 on revenue of €6.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar