Commerzbank Aktiengesellschaft · ISIN: DE000CBK1001 · EQS - Company News

Commerzbank improves full-year outlook – Results after nine months ahead of plan

Revenues increased to €8.2bn at end of September thanks to strong customer business (9M 23: €8.1bn) Loan volume of corporate clients in Mittelstand business increased by 3 % to €62bn in Q3 9M net commission income up 4% to €2.7bn Net interest income after nine months at consistently high level of €6.3bn despite rate cuts 9M costs stable at €4.8bn – cost-income ratio at 59% Operating result after nine months almost stable at €2.8bn despite decreasing interest rates 9M net result up 5% to €1...

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06 November 2024 07:00AM
Commerzbank improves full-year outlook – Results after nine months ahead of plan
Revenues increased to €8.2bn at end of September thanks to strong customer business (9M 23: €8.1bn) Loan volume of corporate clients in Mittelstand business increased by 3 % to €62bn in Q3 9M net commission income up 4% to €2.7bn Net interest income after nine months at consistently high level of €6.3bn despite rate cuts 9M costs stable at €4.8...
Commerzbank Aktiengesellschaft
04 November 2024 12:46PM
Commerzbank starts third share buyback programme
Buyback of first tranche of around €600m to start after publication of third-quarter results CEO Bettina Orlopp: “Our shareholders can rely on us. We will return at least 70% of our net result for the 2024 financial year.” Today, the Board of Managing Directors of Commerzbank AG has decided to start the planned share buyback programme. Previously,...
Commerzbank Aktiengesellschaft
04 November 2024 12:45PM
Commerzbank decides to implement a share buyback programme with a volume of up to 600 million euros
Ad hoc release   4. November 2024 Commerzbank decides to implement a share buyback programme with a volume of up to 600 million euros After receipt of the necessary approvals Commerzbank AG decided today to implement a share buyback programme with a volume of up to 600 million euros. The share buyback will start after the reporting for th...
Commerzbank Aktiengesellschaft
18 October 2024 12:05PM
Capital Markets Day and Presentation of the Results for the 2024 Financial Year
Commerzbank will host a Capital Markets Day on 13 February 2025 in Frankfurt concurrent with the presentation of its results for the 2024 financial year. Events are planned for analysts, investors as well as journalists. Following the appointment of Bettina Orlopp as new CEO on 1 October 2024, the Board of Managing Directors of Commerzbank has ini...
Commerzbank Aktiengesellschaft
26 September 2024 09:00AM
Commerzbank’s Supervisory Board and Executive Board confirm strategy
Chairman of the Supervisory Board Jens Weidmann: Commerzbank has considerable potential for growth and appreciation The Board of Management expects faster and stronger improvements in profitability: Return on equity is expected to rise to more than 12% by 2027 Increased and accelerated capital return to shareholders planned During the annual stra...
Commerzbank Aktiengesellschaft
25 September 2024 02:23PM
Manfred Knof is leaving Commerzbank at the end of the month
The acting CEO of Commerzbank AG, Manfred Knof, will leave the Bank on 30 September 2024. The 59‑year‑old and the Supervisory Board have agreed on this. On Tuesday, it had rearranged the responsibilities at the Group’s top management and appointed Bettina Orlopp (54) as the future CEO and thus as successor to Knof. At the beginning of September, Kn...
Commerzbank Aktiengesellschaft
24 September 2024 07:27PM
Commerzbank Lays Foundation for Leadership Transition
Bettina Orlopp appointed as new CEO Orlopp to take over as CEO upon the departure of Manfred Knof Supervisory Board aims for the transition in the near future Michael Kotzbauer appointed as new Deputy CEO The Supervisory Board of Commerzbank AG has redefined the responsibilities at the Group’s top management and appointed Bettina Orlopp (54) ...
Commerzbank Aktiengesellschaft
24 September 2024 07:17PM
Commerzbank AG appoints new Chairwoman of the Board of Managing Directors
The Supervisory Board of Commerzbank AG has appointed Dr. Bettina Orlopp as new Chairwoman of the Board of Managing Directors effective with resignation of current Chairman Dr. Manfred Knof. She will assume office in the near future. Furthermore, the Supervisory Board has decided to appoint Michael Kotzbauer as Deputy Chairman effective at the sam...
Commerzbank Aktiengesellschaft
10 September 2024 05:43PM
CEO not to seek extension of his contract
Ad hoc release   10 September 2024 Commerzbank: CEO not to seek extension of his contract Manfred Knof, CEO of Commerzbank AG, has today informed Jens Weidmann, Chairman of the Supervisory Board, that he will fulfil his contract, which runs until the end of December 2025, but won’t be at the disposal of Commerzbank beyond that date. The C...
Commerzbank Aktiengesellschaft
07 August 2024 06:59AM
Commerzbank with best half-year in 15 years – outlook confirmed
Operating result up by 11% to €2.0 billion in H1 – at €870 million in Q2 (Q2 2023: €888 million) Half-year profit up by 12% to €1.3 billion – net profit at €538 million in Q2 (Q2 2023: €565 million) Q2 revenues improved to €2.7 billion with strong contributions from customer business (Q2 2023: €2.6 billion) Q2 net commission income improved by 5...
Commerzbank Aktiengesellschaft
15 May 2024 07:00AM
Commerzbank with strong start to the year – best quarterly net result in more than 10 years
Operating result significantly increased to €1.1 billion in first quarter (Q1 2023: €875 million) – net profit rose to €747 million (Q1 2023: €580 million) Revenues increased to €2.75 billion thanks to strong customer business and continued favourable interest environment (Q1 2023: €2.67 billion) Corporates Clients segment with a record quarter, ...
Commerzbank Aktiengesellschaft
15 May 2024 07:00AM
Commerzbank with strong start to the year – best quarterly net result in more than 10 years
Operating result significantly increased to €1.1 billion in first quarter (Q1 2023: €875 million) – net profit rose to €747 million (Q1 2023: €580 million) Revenues increased to €2.75 billion thanks to strong customer business and continued favourable interest environment (Q1 2023: €2.67 billion) Corporates Clients segment with a record quarter, ...
Commerzbank Aktiengesellschaft
30 April 2024 06:15PM
Commerzbank Annual General Meeting approves all items on agenda
Shareholders approve a dividend of 35 cents per share and authorisation for further share buybacks Actions of Board of Managing Directors and Supervisory Board ratified – remuneration report approved Jens Weidmann: “Thanks to the great progress, Commerzbank has regained the possibility for its shareholders to participate in its success.” Manfred...
Commerzbank Aktiengesellschaft
30 April 2024 06:15PM
Commerzbank Annual General Meeting approves all items on agenda
Shareholders approve a dividend of 35 cents per share and authorisation for further share buybacks Actions of Board of Managing Directors and Supervisory Board ratified – remuneration report approved Jens Weidmann: “Thanks to the great progress, Commerzbank has regained the possibility for its shareholders to participate in its success.” Manfred...
Commerzbank Aktiengesellschaft
20 March 2024 03:36PM
Invitation to Annual General Meeting of Commerzbank on 30 April 2024
Decision on dividend proposal of €0.35 per share and on authorisation to execute share buybacks on agenda Once again virtual format with right to speak and ask questions live at the event Today, Commerzbank AG has published the invitation to its Annual General Meeting on Tuesday, 30 April 2024. The event will take place virtually without the physi...
Commerzbank Aktiengesellschaft
05 March 2024 06:48PM
Commerzbank successfully completes share buyback of €600 million
In total 55,554,320 own shares repurchased (4.48% of the share capital) CFO Bettina Orlopp: “The success reinforces our intention to continue a combination of share buybacks and dividend payments when it comes to capital return.” Today, Commerzbank AG successfully completed its share buyback programme. The second programme of its history started o...
Commerzbank Aktiengesellschaft
15 February 2024 07:00AM
Commerzbank increases net profit for 2023 to €2.2 billion – Strategy is delivering
Operating result increased by more than 60% to €3.4 billion in 2023 (2022: €2.1 billion) – net profit increased by 55% to €2.2 billion Strong customer business and interest rate development lead to very strong net interest income and revenues increased to €10.5 billion (2022: €9.5 billion) Costs reduced to €6.4 billion (2022: €6.5 billion) – cost...
Commerzbank Aktiengesellschaft
18 January 2024 10:30AM
Commerzbank expands asset management significantly with majority stake in Aquila Capital Investmentgesellschaft – growth accelerator for sustainability business
Commerzbank acquires 74.9 per cent in Aquila Capital Investmentgesellschaft – Group’s real asset portfolio grows to more than €40 billion Aquila Capital Investmentgesellschaft to make a significant contribution to the planned growth in commission income – access to sales network of the company and project development of Aquila Group offer interna...
Commerzbank Aktiengesellschaft
11 January 2024 11:01AM
Commerzbank and Global Payments announce Joint Venture
Partnership combines Commerzbank’s strong position serving small and medium size German businesses and Global Payments’ leading payment technology and software capabilities Joint venture will offer digital payment services for merchants Frankfurt/ Main, Atlanta, 11 January 2024 – Commerzbank (FRA: CBK) and Global Payments (NYSE: GPN), a leading wo...
Commerzbank Aktiengesellschaft
20 December 2023 09:49PM
Commerzbank receives approval for new share buyback programme with a volume of up to 600 million euros
Commerzbank receives approval for new share buyback programme with a volume of up to 600 million euros Today, Commerzbank has received the ECB’s approval for a new share buyback programme with a volume of up to 600 million euros. Together with the approval of the German Finance Agency, all prerequisites for a share buyback are now met. On this bas...
Commerzbank Aktiengesellschaft
08 December 2023 07:27PM
SREP capital requirements for Commerzbank determined for 2024 – distance to MDA threshold remains comfortable
Pillar 2 capital requirement (P2R) set to 2.25% Maximum Distributable Amount (MDA) threshold for Common Equity Tier 1 pro forma at 10.27% of RWA Additional own funds requirement for leverage ratio (SREP P2R-LR) set at 0.1% for the first time CFO Bettina Orlopp: "The requirements are fully reflected in our strategic planning and capital return p...
Commerzbank Aktiengesellschaft
08 December 2023 07:21PM
ECB determines SREP P2R capital requirement for Commerzbank for 2024
Ad hoc release   08 December 2023 ECB determines SREP P2R capital requirement for Commerzbank for 2024 In the annual Supervisory Review and Evaluation Process (SREP) the European Central Bank has determined the bank-specific capital requirements for the Commerzbank Group in 2024. The additional own funds requirement for Pillar 2 (P2R) slig...
Commerzbank Aktiengesellschaft
08 November 2023 06:59AM
Commerzbank lays foundation for further strategic plan with strong 9M net profit – targeting RoTE of more than 11% in 2027
Strategy update: Bank to strengthen revenue base through selective expansion of its customer business – focus on digital banking, asset management and sustainable finance Cost-income ratio to be reduced to 55% by 2027 – target net profit around €3.4 billion Attractive capital return planned for shareholders CEO Manfred Knof: “With our refined ...
Commerzbank Aktiengesellschaft
28 September 2023 06:19PM
Commerzbank plans to increase shareholder participation in company’s success
Total pay-out for 2022 to 2024 of €3 billion confirmed, pay-out ratio for 2024 will be at least 70% Net return on tangible equity (RoTE) expected to rise to more than 11% in 2027 given a CET 1 ratio of 13.5% For the years 2025 to 2027, pay-out ratio of more than 50% but not more than the net result after AT1 coupons and minorities is planned CEO...
Commerzbank Aktiengesellschaft
28 September 2023 06:17PM
Commerzbank has decided on new Capital Return Policy
Commerzbank expects an increased profitability of its businesses and with a CET1 ratio of 13.5% a net RoTE of more than 11% by 2027. On this basis Commerzbank’s Board of Managing Directors has decided to update the Bank’s Capital Return Policy following consultation with the Supervisory Board. For 2022 to 2024 Commerzbank intends to return €3bn to...
Commerzbank Aktiengesellschaft
11 September 2023 02:24PM
Supervisory Board appoints Bernd Spalt as new Chief Risk Officer of Commerzbank
At its meeting today, the Supervisory Board of Commerzbank has appointed Bernd Spalt as the new Chief Risk Officer to the Board of Management Directors, with effect from 1 January 2024. Spalt will succeed Marcus Chromik, who will – in line with his plans for his personal life – leave Commerzbank at the end of this year, as already announced in July...
Commerzbank Aktiengesellschaft
04 August 2023 07:00AM
Commerzbank with strong first half of the year – net profit increased by almost 50% to €1.1 billion
Operating result up by 19% to €888 million in Q2, net profit increased by 20% to €565 million Q2 revenues improved by 9% to €2.6 billion with strong contributions from customer business and momentum due to higher interest rates – burdens in Poland offset Costs reduced by 2% to €1.5 billion (Q2 2022: €1.6 billion) – cost-income ratio in the first ...
Commerzbank Aktiengesellschaft
28 July 2023 06:13PM
EBA stress test proves Commerzbank’s high resilience
CET 1 ratio of 9.5% (2021: 8.2%) in the adverse scenario, despite significantly tougher assumptions Stress effect reduced to 464 basis points Chief Risk Officer Marcus Chromik: “Through our ‘Strategy 2024’, we have sustainably strengthened the Bank’s profitability and thus improved our resilience even further.” In this year’s stress test conducte...
Commerzbank Aktiengesellschaft
28 July 2023 06:13PM
EBA stress test proves Commerzbank’s high resilience
CET 1 ratio of 9.5% (2021: 8.2%) in the adverse scenario, despite significantly tougher assumptions Stress effect reduced to 464 basis points Chief Risk Officer Marcus Chromik: “Through our ‘Strategy 2024’, we have sustainably strengthened the Bank’s profitability and thus improved our resilience even further.” In this year’s stress test conducte...
Commerzbank Aktiengesellschaft
23 June 2023 06:50PM
Commerzbank successfully completes first share buy-back programme
Shares worth €122 million repurchased (0.97% of share capital) CFO Bettina Orlopp: “With the completion of our first share buy-back, we have successfully established this capital distribution instrument.” Commerzbank AG successfully completed its first share buy-back programme today (Friday). Since 7 June, the Bank has bought back a total of 12 13...
Commerzbank Aktiengesellschaft
23 June 2023 06:50PM
Commerzbank successfully completes first share buy-back programme
Shares worth €122 million repurchased (0.97% of share capital) CFO Bettina Orlopp: “With the completion of our first share buy-back, we have successfully established this capital distribution instrument.” Commerzbank AG successfully completed its first share buy-back programme today (Friday). Since 7 June, the Bank has bought back a total of 12 13...
Commerzbank Aktiengesellschaft
23 June 2023 05:50PM
Commerzbank continues to aim for a significantly higher net profit in 2023 despite additional burdens in Poland
As result of European Court of Justice (ECJ) ruling, mBank expects additional provisions for Swiss franc loans of €342 million Operating result of Commerzbank AG in Q2 to be impacted by corresponding amount CFO Bettina Orlopp: “With its highly profitable core business, its extensive provisions, and its good capital base, mBank can approach the c...
Commerzbank Aktiengesellschaft
23 June 2023 05:50PM
Commerzbank continues to aim for a significantly higher net profit in 2023 despite additional burdens in Poland
As result of European Court of Justice (ECJ) ruling, mBank expects additional provisions for Swiss franc loans of €342 million Operating result of Commerzbank AG in Q2 to be impacted by corresponding amount CFO Bettina Orlopp: “With its highly profitable core business, its extensive provisions, and its good capital base, mBank can approach the c...
Commerzbank Aktiengesellschaft
23 June 2023 05:48PM
Additional provisions for CHF loan portfolio at mBank of €342m – Commerzbank still aiming for a net profit in 2023 well above that of 2022
mBank in Poland expects to additionally provision PLN 1,513 million (appr. €342 million) for its CHF loan portfolio in Q2. Commerzbank’s second quarter operating result will be burdened by a corresponding amount which will be booked as negative revenues in “Other net income”. The additional provision results from an adjustment of the provisioning ...
Commerzbank Aktiengesellschaft
23 June 2023 05:48PM
Additional provisions for CHF loan portfolio at mBank of €342m – Commerzbank still aiming for a net profit in 2023 well above that of 2022
mBank in Poland expects to additionally provision PLN 1,513 million (appr. €342 million) for its CHF loan portfolio in Q2. Commerzbank’s second quarter operating result will be burdened by a corresponding amount which will be booked as negative revenues in “Other net income”. The additional provision results from an adjustment of the provisioning ...
Commerzbank Aktiengesellschaft
31 May 2023 07:29PM
Jens Weidmann new Chairman of Commerzbank’s Supervisory Board
  Unanimous election following today’s Annual General Meeting Jens Weidmann: “Thanks to the transformation progress, Commerzbank is again in a good position to help shape the economic future of Germany.” AGM approves dividend of 20 cent per share Jens Weidmann is the new Chairman of the Supervisory Board of Commerzbank. Following today’s Annual G...
Commerzbank Aktiengesellschaft
31 May 2023 07:29PM
Jens Weidmann new Chairman of Commerzbank’s Supervisory Board
  Unanimous election following today’s Annual General Meeting Jens Weidmann: “Thanks to the transformation progress, Commerzbank is again in a good position to help shape the economic future of Germany.” AGM approves dividend of 20 cent per share Jens Weidmann is the new Chairman of the Supervisory Board of Commerzbank. Following today’s Annual G...
Commerzbank Aktiengesellschaft
17 May 2023 07:00AM
Commerzbank with strong start to the year – net profit almost doubled
Operating result increased by around 60% to €875 million in Q1, net profit improved to €580 million (Q1 2022: €298 million) Revenues of almost €2.7 billion (Q1 2022: €2.8 billion) reflect high net interest income and strong fee business, further burdens in Poland Costs of €1.7 billion (Q1 2022: €1.8 billion) on track – cost-income ratio of 65% ...
Commerzbank Aktiengesellschaft
17 May 2023 07:00AM
Commerzbank with strong start to the year – net profit almost doubled
Operating result increased by around 60% to €875 million in Q1, net profit improved to €580 million (Q1 2022: €298 million) Revenues of almost €2.7 billion (Q1 2022: €2.8 billion) reflect high net interest income and strong fee business, further burdens in Poland Costs of €1.7 billion (Q1 2022: €1.8 billion) on track – cost-income ratio of 65% ...
Commerzbank Aktiengesellschaft
20 April 2023 03:23PM
Invitation to virtual Annual General Meeting of Commerzbank on 31 May 2023
Decision on dividend proposal and election of Supervisory Board members on agenda Virtual Annual General Meeting based on new legal framework Commerzbank AG has today published the invitation to its Annual General Meeting on Wednesday, 31 May 2023. The event will again take place virtually without the physical presence of the shareholders or thei...
Commerzbank Aktiengesellschaft
20 April 2023 03:23PM
Invitation to virtual Annual General Meeting of Commerzbank on 31 May 2023
Decision on dividend proposal and election of Supervisory Board members on agenda Virtual Annual General Meeting based on new legal framework Commerzbank AG has today published the invitation to its Annual General Meeting on Wednesday, 31 May 2023. The event will again take place virtually without the physical presence of the shareholders or thei...
Commerzbank Aktiengesellschaft
16 February 2023 07:00AM
Commerzbank reports highest net profit in more than ten years thanks to strong revenue performance – positive outlook for 2023
Operating result in 2022 increased significantly to €2.1 billion (2021: €1.2 billion) despite one-off burdens in Poland – net profit more than tripled to €1.4 billion Revenues increased by 12% to €9.5 billion thanks to dynamic development in customer business and interest rate turnaround Costs reduced by 3.2% to €6.49 billion despite strong inf...
Commerzbank Aktiengesellschaft
16 February 2023 07:00AM
Commerzbank reports highest net profit in more than ten years thanks to strong revenue performance – positive outlook for 2023
Operating result in 2022 increased significantly to €2.1 billion (2021: €1.2 billion) despite one-off burdens in Poland – net profit more than tripled to €1.4 billion Revenues increased by 12% to €9.5 billion thanks to dynamic development in customer business and interest rate turnaround Costs reduced by 3.2% to €6.49 billion despite strong inf...
Commerzbank Aktiengesellschaft
15 February 2023 04:03PM
Commerzbank Supervisory Board intends to appoint Jens Weidmann as new Chairman
Today, the Supervisory Board of Commerzbank has declared unanimously that it intends to appoint Dr Jens Weidmann as its Chairman if Weidmann is elected to the Supervisory Board by the shareholders at the Annual General Meeting on 31 May 2023 as planned. The Chairman of the Supervisory Board, Helmut Gottschalk, who proposed Weidmann as his successor...
Commerzbank Aktiengesellschaft
15 February 2023 04:03PM
Commerzbank Supervisory Board intends to appoint Jens Weidmann as new Chairman
Today, the Supervisory Board of Commerzbank has declared unanimously that it intends to appoint Dr Jens Weidmann as its Chairman if Weidmann is elected to the Supervisory Board by the shareholders at the Annual General Meeting on 31 May 2023 as planned. The Chairman of the Supervisory Board, Helmut Gottschalk, who proposed Weidmann as his successor...
Commerzbank Aktiengesellschaft
15 February 2023 01:01PM
Commerzbank plans to propose a dividend of €0.20 per share for financial year 2022
Commerzbank plans to propose a dividend of 20 cent per share for the financial year 2022. With the approval of the Supervisory Board, the Board of Managing Directors of Commerzbank AG in addition applied for approval of a share buyback program in line with the capital return policy of Commerzbank which stipulates a 30% pay-out ratio for 2022. The e...
Commerzbank Aktiengesellschaft
15 February 2023 01:01PM
Commerzbank plans to propose a dividend of €0.20 per share for financial year 2022
Commerzbank plans to propose a dividend of 20 cent per share for the financial year 2022. With the approval of the Supervisory Board, the Board of Managing Directors of Commerzbank AG in addition applied for approval of a share buyback program in line with the capital return policy of Commerzbank which stipulates a 30% pay-out ratio for 2022. The e...
Commerzbank Aktiengesellschaft
30 January 2023 08:31AM
Commerzbank fulfils Deutsche Börse’s DAX 40 criterion of positive EBITDA in the past 2 financial years
On the basis of preliminary, unaudited figures, Commerzbank achieved a positive EBITDA of €3,371 million in the 2022 financial year. This means that Commerzbank meets the criterion of Deutsche Börse Group for DAX 40 membership of a positive EBITDA in its last two financial years. However, any inclusion in the DAX 40 also depends on other criteria, ...
Commerzbank Aktiengesellschaft
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