Commerzbank (OTCMKTS:CRZBY) Sets New 12-Month High at $14.89

Commerzbank AG (OTCMKTS:CRZBY)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $14.89 and last traded at $14.83, with a volume of 5478 shares changing hands. The stock had previously closed at $14.39.

Commerzbank Price Performance

The company has a market capitalization of $18.39 billion, a PE ratio of 8.18 and a beta of 1.13. The firm has a 50-day moving average of $12.93 and a 200 day moving average of $12.10.

Commerzbank (OTCMKTS:CRZBY) last announced its earnings results on Tuesday, March 19th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. The business had revenue of $2.29 billion for the quarter. Commerzbank had a return on equity of 6.30% and a net margin of 10.17%. Equities analysts expect that Commerzbank AG will post 2.09 EPS for the current year.

Commerzbank Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 16th. Stockholders of record on Friday, May 3rd will be paid a $0.2575 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This is an increase from Commerzbank’s previous dividend of $0.14. Commerzbank’s dividend payout ratio (DPR) is 7.95%.

Commerzbank Company Profile

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.