Commerzbank 2016 Q4 Analyst Conference – Earnings & Commerzbank 4.0

Commerzbank presented Q4 2016 preliminary results showing an operating result of €1.4bn and net result of €279m, with CET1 ratio increased to 12.3%. The presentation outlined the Commerzbank 4.0 strategic programme focused on a focused business model, digital transformation, and efficiency gains, with 2020 targets including revenues of €9.8-10.3bn and cost-to-income ratio below 66%.