Urgent.News

What's breaking now, across thousands of outlets.

Business

Zwischenbilanz: Commerzbank: Rekordergebnis nach neun Monaten

Die Commerzbank bleibt auf Kurs Richtung Rekordjahr. Doch im Vordergrund steht die von der Unicredit betriebene Übernahme des Dax-Konzerns. Wie geht es weiter für den Vorstand um Bettina Orlopp?

Original German Read in English

Zwischenbilanz: Commerzbank: Rekordergebnis nach neun Monaten

The Commerzbank has maintained its course towards a record profit even in the third quarter of 2026, with earnings of 859 million euros, according to the interim balance sheet released by the German's second-largest listed bank in Frankfurt. This represents a 45% increase compared to the same period last year. Commerzbank CEO Bettina Orlopp highlighted the strong business development, noting the potential within the bank.

In the first nine months, the group increased its surplus by more than 40% to around 2.7 billion euros, marking the best result for this period in the company's history. The management still anticipates a record profit of at least 3.4 billion euros for the entire year. Meanwhile, Italian Unicredit is making progress in securing nearly half of the shares in the Commerzbank.

Orlopp recently confirmed that both institutions should "jointly consider how the right path forward looks." Unicredit, which already holds a stake in Germany's Hypovereinsbank (HVB), sees potential for billion-euro savings, including the reduction of Commerzbank's international network. Unicredit's CEO Andrea Orcel aims to cut costs by streamlining the network.

The German government, holding nearly 13% of the shares, demands that Commerzbank remain a key provider of financing for small and medium-sized enterprises. Orcel urged confidence, stating that they would not bundle the strengths of both banks to offer less to German businesses. In the coming weeks, Unicredit anticipates the final approvals for its plan to acquire the Commerzbank.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

More from Thursday 5 November →