Commerzbank AG (CRZBY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investor ...

Core Viewpoint - Commerzbank has revised its forecasts for base metal prices upward due to favorable recent momentum amid rising prices [1] Price Forecast Adjustments - Copper's average price is now expected to be $10,500 per ton by year-end, up from the previous estimate of $9,600 [1] - Aluminum's average price forecast has increased from $2,600 to $2,900 [1] - Zinc price forecast has been raised from $2,800 to $3,000 [1] Nickel Price Adjustment - Nickel price forecast has been lowered from $16,000 per ton to $15,000 due to slowing production growth and continued ample supply, leading to downward pressure on prices [1] Market Dynamics - After a brief decline earlier in the month, U.S. imported aluminum premiums have surged to record highs due to domestic shortages and a 50% tariff, alongside tightening global supply [1] - LME inventories have decreased since mid-October, indicating that the supply effects driven by tariffs may be diminishing, while a significant inventory increase at the end of October may be related to a trader's financial transaction replenishment [1]

Core Viewpoint - Commerzbank has revised its forecasts for base metal prices upward due to favorable recent momentum amid rising prices [1] Group 1: Price Forecast Adjustments - The average price forecast for copper has been increased to $10,500 per ton from the previous $9,600 [1] - The average price forecast for aluminum has been raised from $2,600 to $2,900 [1] - The zinc price forecast has been adjusted upward from $2,800 to $3,000 [1] Group 2: Market Dynamics - Current strong copper prices may be premature, leaving room for short-term corrections due to supply conditions [1] - Nickel price forecast has been lowered from $16,000 per ton to $15,000 due to slowing production growth and continued ample supply, leading to downward pressure on prices [1] Group 3: Supply and Demand Factors - U.S. imported aluminum premiums have surged to record highs due to domestic shortages and a 50% tariff, alongside tightening global supply [1] - LME inventories have declined since mid-October, indicating that the supply effects driven by tariffs may be diminishing, with a potential inventory increase at the end of October linked to a trader's financial transaction replenishment [1]

Question-and-Answer SessionCan you give us a little bit of your impression considering you were at Commerzbank, left and came back, how things have changed, but also kind of what are the top-down issues for Commerzbank at this point, more from a top-down strategic perspectives that are a focus for you and the management team?Carsten SchmittCFO & Member of the Board of Managing Directors Yes, very happy to do that. And Kian, thank you very much for having me also in this fantastic hall here. So indeed, it ha ...

德国商业银行预计，明年锌价将处于每吨3,000美元附近。 11月18日（周二），德国商业银行（COMMERZBANK）表示，预计明年铜、铝价格将延续涨势，分别 触及每吨12,000美元和3,200美元。 该行预计长期看镍价格将温和上涨，2026年底价格预计在每吨16,000美元。 ...

Market Trends & Global Economy - Asian stocks rebounded, tracking Wall Street's gains, with dip buyers capitalizing on tech weakness [1][7] - Uncertainty surrounds potential limits on President Trump's global tariff agenda by the U S Supreme Court [1][18] - The U S government shutdown, now at 37 days, is impacting flights and raising concerns about economic consequences [22][23][24] Bank of England (BOE) Rate Decision - The Bank of England is likely to hold interest rates steady at 4%, ending a series of quarterly reductions [11] - Analysts anticipate a split decision on rates, possibly 6-3, hinging on Governor Andrew Bailey's stance [12] - Focus is on how long the hold will last and how the Governor characterizes the 3 8% inflation rate [15] Commerzbank Performance & Strategy - Commerzbank's third-quarter revenue slightly missed estimates at 2 5 billion euros, but net interest income reached 8 2 billion euros [2][3] - The bank raised its outlook for full-year net income to approximately 2 5 billion euros [3] - Commerzbank is initiating a 600 million euro share buyback program and is open to discussing potential combinations with UniCredit, provided a formal proposal is presented [74][76] Zurich Insurance Financials - Zurich Insurance's gross written premiums in its Property and Casualty (P&C) unit increased by 8% to a record 39 billion in the first nine months of the year, while Life and Health premiums rose by 11% [28][30] - The company is confident in achieving its financial targets, including an EPS compound growth above 9% over the three-year period and an ROE illustrating above 23% [35][36] - Zurich Insurance remains strategically interested in offloading a $20 billion book, despite a previous deal falling through due to regulatory issues [40][42] Technology & AI - Pony AI CEO discussed the company's global footprint in robotaxi services, with a focus on regulatory progress in the Middle East, particularly the UAE [43][45] - Pony AI has deprioritized commercialization in the U S due to geopolitical concerns and data-related issues, pausing plans for now [46] - A German AI language platform, seen as a rival to Google Translate, has unveiled new AI tools for office efficiency and is considering a potential IPO [57][58][64] Other Company Earnings - Continental's third-quarter adjusted earnings decreased by 15% year-on-year to 555 million euros, with a softer margin story [51][52] - Rheinmetall, a key player in the defense sector, reported operating profit up almost 20% year-on-year to 835 million euros for the first nine months, confirming its 2025 outlook [52][54]

Core Insights - Commerzbank reported a net profit decline of 7.9% in the third quarter, contrary to expectations for profit growth [1] Company Summary - The decline in net profit comes amid efforts to fend off a potential takeover by Italy's UniCredit [1]

Commerzbank’s former CEO Manfred Knof had a private meeting with UniCredit CEO Andrea Orcel in September of last year, shortly after the Italian bank disclosed it had taken a stake in Commerzbank, sources say https://t.co/YwKutTBdBu ...

Core Viewpoint - The company is experiencing record performance and is optimistic about future growth, with a focus on shareholder returns and exceeding key performance indicators (KPIs) [1][4][22] Financial Performance - The company has achieved a record third quarter and nine months, indicating a trajectory towards its best year ever [1] - Capital generation has exceeded expectations, with an acceleration in performance compared to initial three-year plans [2] Investment Strategy - The company plans to continue investing to enhance performance in 2026, 2027, and 2028, despite considering the magnitude of these investments [3][4] - New investments will focus on technology, AI, and network expansion to drive growth [8][9] Shareholder Returns - Shareholder remuneration is expected to remain top-tier, with dividends increasing and share buybacks slightly down, but overall distributions aligning with previous levels [5][6] - The company has invested €6.5 billion in two stakes, contributing an additional €1 billion to projections for 2027 [5] Market Position and Partnerships - The company has consolidated its position with Alpha Bank, indicating a strong partnership that is expected to yield significant value [10][11] - The company recognizes the growth potential in Greece, which is outperforming core EU countries in GDP growth [11] Economic Outlook - The company acknowledges the complexities in the near-term economic environment, particularly regarding interest rate adjustments and their delayed impacts [20][21] - There is a belief that performance dispersion among institutions will create opportunities for the company to exceed market expectations [22]

Core Points - An ex-Commerzbank AG analyst, Damilare Ajao, is accused of fabricating sexual harassment allegations against a colleague and lying to courts to seek compensation after losing his job [1][2] - Ajao was dismissed from Commerzbank after six months due to his conduct with colleagues, and a judge ruled his sexual assault claim was "pure invention" [2] - Commerzbank claims Ajao's false allegations had a serious adverse effect on the health of the female colleague he accused [3] Company Conduct - Commerzbank alleges that Ajao's behavior during the court proceedings was "tendentious and argumentative" and that much of his evidence was disconnected from reality [3] - The bank's legal team argues that Ajao's actions were dangerous and unfair, impacting the well-being of others involved [3] Legal Implications - The case highlights the potential consequences of contempt of court, which can lead to imprisonment, fines, or asset confiscation in English courts [4]