| Product Code | DAT09701 |
|---|---|
| Publication Date | December 2009 |
| Publisher | Datamonitor |
| Product Type | Report |
| Pages | 24 |
Datamonitor's Commerzbank AG - SWOT Analysis company profile is the essential source for top-level company data and information. Commerzbank AG - SWOT Analysis examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Commerzbank (or 'the group') is the second largest bank in Germany. The group provides a range of services including corporate banking, retail banking, institutional banking and investment banking services. Commerzbank primarily operates in Europe. It is headquartered in Frankfurt, Germany and employs 43,169 people. The group recorded revenues of E4,578 million ($6,453.6 million) in the financial year ended December 2008 (FY2008), and a decrease of 41.9% over 2007 (FY2007). The operating loss was E378 million ($532.9 million) in FY2008, as compared to an operating profit of E2,513 million ($3,542.6 million) in FY2007. The net profit was E3 million ($4.2 million) in FY2008, a decrease of 99.8% over FY2007.
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