Commerzbank AG (XTER:CBK)
€ 15.55 -0.095 (-0.61%) Market Cap: 18.42 Bil Enterprise Value: -41.37 Bil PE Ratio: 8.69 PB Ratio: 0.57 GF Score: 55/100
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Commerzbank AG at Bank of America Annual Financials CEO Conference Transcript

Sep 19, 2023 / 03:30PM GMT
Release Date Price: €9.79 (+0.62%)
Unidentified Analyst

Afternoon, everybody. Thank you very much for joining us for this last session today. Thank you for sticking with us. Very pleased to have Bettina Orlopp, CFO of Commerzbank with us this afternoon. Thank you so much for joining us Bettina.

Bettina Orlopp
Commerzbank AG - CFO, Head of Tax, IR, Treasury & Deputy Chairwoman of the Board of MD

Thank you very much.

Questions & Answers

Unidentified Analyst

Maybe we just start with the high level and possibly -- well, not necessarily the best place to start, maybe a question that you might not be able to fully answer just yet, but in terms of your existing strategic targets, you look well on track to exceed your targets of more than 7% ROTE for both this year and next year, and you've got a Capital Markets Day coming up on the 8th of November.

I wonder if you could give some insight as to -- I guess the key question going into that is how do you lift the ROTE from where it is this year into double digits? What are the big moving parts or all

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