Earnings Call Summary | COMMERZBANK AG(CRZBF.US) Q1 2024 Earnings Conference
Earnings Call Summary | COMMERZBANK AG(CRZBF.US) Q1 2024 Earnings Conference
The following is a summary of the Commerzbank AG (CRZBF) Q1 2024 Earnings Call Transcript:
以下是德國商業銀行（CRZBF）2024年第一季度業績會電話會議記錄摘要:
Financial Performance:
金融業績：
Commerzbank reported strong Q1 results with a net result of €747 million and a return on tangible equity of 10.5%.
Deposits rose to €261 billion. Revenue growth was 3% YoY, or 8% when adjusted for provisions for FX loans at mBank.
Upward revision of the 2024 outlook for Net Interest Income from €7.9 billion to €8.1 billion.
The regulatory capital ratio improved to 14.9%.
Payout of at least 70% for 2024, equal to €1.6 billion capital return, has been set.
Despite a burden of over €300 million from Swiss franc loans in Poland, the bank maintained a high capital level.
Commerzbank anticipates reduced burden in 2024 from costs related to Swiss franc mortgages in Poland.
德國商業銀行報告了強勁的第一季度業績，淨利潤爲7.47億歐元，有形資本回報率爲10.5%。
存款增加至2610億歐元。營業收入增長了3%，調整外匯期貨貸款準備金後，增長了8%。
將2024年的淨利息收入預期上調，從79億歐元提高到81億歐元。
監管資本充足率提高到14.9%。
至少爲2024年支付70%，相當於16億歐元的資本回報。
儘管在波蘭有超過3億歐元的瑞士法郎貸款負擔，但銀行仍然保持着較高的資本水平。
德國商業銀行預計2024年有關波蘭瑞士法郎抵押貸款的成本會降低。
Business Progress:
業務進展：
Strong start to 2024 supported by its client-driven business model.
Commerzbank targets at least 8% return on tangible equity for 2024 and earning its cost of capital by 2027.
Record quarter for the Corporate Clients' unit with strong fee growth across all client groups.
Future acquisitions, expected to finalize in Q2 of 2024, are set to boost performance.
Prioritize stringent performance management on fee-generating business and cost/income ratio to ensure growth and sustainability.
Maintains guidance from February with a figure slightly below €7.9 billion with potential upside from increasing interest rates.
Plans for speedy settlements of mortgage issues in Poland and acquisitions mainly in the asset management area.
Focus on executing Strategy 2027 to maintain independence amid European banking consolidation talks.
Returned €1.4 billion to shareholders as an ongoing commitment to return approximately €3 billion in the first three years after the Strategy 2027 announcement.
其以客戶爲導向的商業模式，幫助德國商業銀行在2024年開局良好。
德國商業銀行的目標是在2024年實現至少8%的有形股本回報率，並在2027年賺取資本成本。
公司客戶部門創紀錄地實現了強勁的所有客戶組費用增長。
預計在2024年第二季度完成的未來收購將提高績效。
優先考慮嚴格的績效管理，以保證營收業務和成本收入比率的可持續性和發展。
維持2月份的指引，預計略低於79億歐元，利率期貨的上行潛力略有上升。
計劃迅速解決波蘭抵押貸款問題，並主要在資產管理領域進行收購。
專注於執行2027年戰略，以在歐洲銀行整合談判中保持獨立性。
作爲在2027年戰略公告後前三年回報約30億歐元的承諾，返還14億歐元給股東。
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提示：本文由AI生成。文章內容的準確性無法完全保證。有關更全面的詳細信息，請參閱IR網站。本文只是爲投資者提供參考，沒有任何指導或推薦建議。