Annual Report 1999 Commerzbank 1999 Annual Report Group Commerzbank Highlights of Commerzbank Group
Commerzbank Group Annual report 1999 Annual report 1999 Commerzbank Commerzbank Commerzbank Highlights of Commerzbank Group 1999 1998 1997 Basic earnings per share (h) 1.83 1.91 1.51 Pre-tax earnings per share (h) 2.75 2.65 2.70 After-tax return on equity (%) 9.3 10.4 8.9 Cost/income ratio (%) 68.5 63.0 60.3 Share price (h) High 36.70 38.86 38.50 Low 24.04 20.68 19.20 Number of shares outstanding (million units) 513.6 496.1 464.0 Market capitalization (h bn) 18.72 13.57 16.06 Long-term rating Moody´s Investors Service, New York AA3 AA3 AA2 Standard & Poor´s, New York AA- AA- AA- Fitch IBCA, London AA- AA- AA- Staff 34,870 32 593 30,446 Germany 30,557 28,642 27,782 Abroad 4,313 3,951 2,664 Balance-sheet total (h m) 372,040 326,211 274,431 Risk-weighted assets according to BIS (h m) 187,709 172,117 140,472* Equity (h m) 11,141 10,060 8,765 Subscribed capital (h m) 1,335 1,267 1,185 Core capital ratio according to BIS (%) 6.3 6.3 5.9 Overall capital ratio according to BIS (%) 9.7 8.7 9.5 Income statement (h m) Net interest income 3,207 3,104 3,349 Provision for possible loan losses -689 -881 -953 Net interest income after provisioning 2,518 2,223 2,396 Net commission income 2,193 1,671 1,457 Trading profit 592 413 288 Result on financial investments 595 553 248 Operating expenses 4,476 3,612 3,172 Other operating result -51 -8 -78 Pre-tax profit 1,371 1,240 1,139 Taxes 396 298 489 After-tax profit 975 942 650 Minority interests -64 -50 -10 Net profit 911 892 640 * excl.
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