Interim balance sheet: Commerzbank with record profit in the arms of the Italians
Commerzbank is staying on track for a record year. However, the takeover of the DAX group by UniCredit is taking center stage. What's next for the management board around Bettina Orlopp?
Commerzbank has reported a record profit for the first nine months of 2026, with a surplus of around 2.7 billion euros, up more than 40 percent from the same period last year. The bank's CEO, Bettina Orlopp, attributed the strong performance to the bank's potential, which will be further leveraged with Unicredit, the Italian bank that has secured control of Commerzbank.
Unicredit's CEO, Andrea Orcel, aims to achieve billion-euro savings through the takeover, including reducing Commerzbank's international network. Commerzbank has announced plans to cut 6,900 jobs by 2030, and Orcel has indicated that he will reorganize the bank's leadership.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Interim figures: Commerzbank: Record result after nine months handelsblatt.com
