Investing.com - Commerzbank (DE:CBKG) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Commerzbank announced earnings per share of €-2.16 on revenue of €2.17B. Analysts polled by Investing.com anticipated EPS of €-0.6849 on revenue of €2.08B.
Commerzbank shares are up 15% from the beginning of the year and are trading at €5.108 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 4.16% from the start of the year.
Commerzbank follows other major Financial sector earnings this month
Commerzbank's report follows an earnings beat by Deutsche Boerse on Thursday, who reported EPS of €1.51 on revenue of €814M, compared to forecasts EPS of €1.42 on revenue of €785.8M.
Deutsche Bank AG had beat expectations on Thursday, February 4, 2021 with fourth quarter EPS of €0.1452 on revenue of €5.49B, compared to forecast for EPS of €-0.0205 on revenue of €5.5B.
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