Can Pac Swire
The government has a 16.49% stake in Commerzbank. According to estimates by FactSet, this stake is valued at around 2.56 billion euros.
During the crisis, Commerzbank received €18.2 billion in aid from the German authorities to help maintain its financial stability. According to Deutsche Finanzagentur, the bank has been making a profit since 2021, leading the government to move forward with selling its shares.
Commerzbank has seen a 19.6 percent increase in capitalization in 2024, with it now standing at 15.51 billion euros. On Wednesday, there was a 1.7% decrease in the price of the bank's securities.
source: dw.de
During the crisis, Commerzbank received €18.2 billion in aid from the German authorities to help maintain its financial stability. According to Deutsche Finanzagentur, the bank has been making a profit since 2021, leading the government to move forward with selling its shares.
Commerzbank has seen a 19.6 percent increase in capitalization in 2024, with it now standing at 15.51 billion euros. On Wednesday, there was a 1.7% decrease in the price of the bank's securities.
source: dw.de
