Commerzbank Aktiengesellschaft / Key word(s): Miscellaneous
Commerzbank expects to fully write off the existing goodwill of around €1.5bn and a negative risk result of at least €1.7bn in the financial year 2020. The risk result includes a top-level adjustment of around €500m for Corona related effects expected in 2021.
For the financial year 2020, the bank expects a negative risk result of at least €1.7bn. This includes a top-level adjustment of around €500m for Corona related effects expected in 2021. With the higher risk result, the Bank anticipates the currently expected impact of the second lock-down.
Head of Investor Relations
Tel.: +49 69 136 - 21331
08-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|60311 Frankfurt am Main|
|Phone:||+49 (069) 136 20|
|Indices:||MDAX, CDAX, HDAX, PRIMEALL|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1159297|
|End of Announcement||DGAP News Service|
1159297 08-Jan-2021 CET/CEST