Commerzbank stock
CBK.DEXETRACommerzbank AG, Financial ServicesISIN DE000CBK1001WKN CBK100
61Score 61 out of 100, Neutral
Price and trend
79 / 100
Price history
+14% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 8.2% above it.
Since May 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Overheated: the price has risen very quickly lately (RSI 71).
The price is 6.6% below its 52-week high. Largest decline in 20 years: 99% (May 2007 to May 2020).
Chart figures for advanced users
- SMA 50$43.96
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$40.88
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)71
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$32.79
- The lowest closing price of the last twelve months.
- Resistance$47.37
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Commerzbank AG belongs to the Banks (Regional) industry (Germany) and, with a market value of $47.8B, is number 29 of 420 companies in its industry on MEQIRI.
- In fiscal 2025 it earned $2.91B (down 2% year on year).
- For fiscal 2026, analysts expect on average adjusted earnings per share of $3.45 (up 23.1%).
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- MEQIRI Score 61 out of 100 (Neutral): rank 689 of 975 in Financial Services, median 68.
- The P/E is 12.7 (Banks (Regional) median 12.2, own median of recent years 11.7).
- Our model puts fair value at $61.37, with the price 28% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Below fair valuePrice 28% below the fair value of $61.37.Valuation 86
- Share buybacksShare count down 10% since 2020.Capital allocation 68
- Analysts expect strong earnings growthUp 19.2% a year through 2028 (estimates from 11 analysts).Growth 50
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are valuation and technical analysis, while stability and profitability hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- price near its 52-week high
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $47.21 and expensive above $87.67 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $80.22 (excess return model) and $42.52 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.1%. At 8.1% the fair value would be $54.68, at 6.1% it would be $71.40.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (12.2).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 0.4% on the twelve months before. Revenue has stayed largely stable since 2006.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 38%, net 25%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 11 Feb 2027in 90 days
- Last reported
- 5 Nov 2026EPS reported $0.86 (expected $0.87)in line with expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $3.45−0.6%
- Revenue
- $14.72B−0.2%
- Earnings per share
- $4.25−0.7%
- Revenue
- $15.85B−0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −0.9%Guidance was confirmed with 2026 net interest income of around EUR 8.6 billion, risk result of around EUR 850 million and return on tangible equity of around 12%, after a raise in May.
“This increases our confidence to reach our outlook 2026, which we already raised in May and includes a targeted return on tangible equity of around 12% and a cost-income ratio of 53%.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at Commerzbank
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 61
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Banks (Regional)
The next larger and next smaller companies by market value
- KBC GroupKBC.BR $50.81B76
- Erste Group BankEBS.VI $50.15B80
- Fifth Third BancorpFITB $48.86B64
- DNB BankDNB.OL $48.68B80
- SwedbankSWED-A.ST $47.4B77
- CTBC Financial Holding2891.TW $45.16B73
- Axis BankAXISBANK.NS $44.45B72
- Danske BankDANSKE.CO $44.33B76
ETFs that hold Commerzbank
Held by 128 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Deka DAXplus Maximum Dividend UCITS ETFEL4X | 5.50% | 0.30% | €252.19M |
| Amundi DivDax II UCITS ETF DistE903 | 2.81% | 0.25% | €73.23M |
| Amundi F.A.Z. 100 UCITS ETFC006 | 1.93% | 0.15% | €104.39M |
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| iShares DAX ESG UCITS ETF (DE)EXIA | 1.50% | 0.12% | €141.64M |
| Vanguard Germany All Cap UCITS ETF (EUR) DistributingVGER | 1.48% | 0.07% | €255.26M |
| Amundi DAX 50 ESG II UCITS ETF DistE909 | 1.46% | 0.15% | €327.94M |
| Xtrackers DAX ESG Screened UCITS ETF 1DXDDX | 1.33% | 0.09% | €596.51M |
| iShares EURO STOXX Banks 30-15 UCITS ETF (DE)EXX1 | 1.29% | 0.51% | €2.5B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 1 Aug 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.