Commerz profit in the 9 months at a record 2.7 billion, confirms yearly target

Commerzbank recorded a profit growing by 41% in the first nine months to a record level of 2.7 billion euros, while in the third quarter it grew by 45% to 859 million euros.

Revenue for the first nine months increased 8% to 9.7 billion euros, with a 9% increase in the third quarter to 3.2 billion euros.

The institute confirms the objective of a net result of at least 3.4 billion euros for the entire 2026 financial year and revenues of approximately 13.2 billion euros.

"We have promised our stakeholders long-term value creation. With our record result, we have once again demonstrated our ability to deliver on our promises. Our solid business performance demonstrates Commerzbank's potential," emphasizes CEO Bettina Orlopp.

The significant reduction in provisions for legal risks related to foreign currency lending at mBank also had a positive impact on revenues. At the same time, the bank improved its cost/income ratio to 53%, including mandatory contributions, and to 50% excluding them.

After nine months, the risk result was -554 million euros, in line with expectations.

As for the buyback, at the beginning of September this year, Commerzbank launched a further share buyback operation for a maximum amount of 1.2 billion euros.

It has already repurchased shares worth about 70% of the expected volume.