Commerzbank ups guidance after earnings beat expectations.


Commerzbank upped its guidance on Wednesday, after the German lender posted record 2025 earnings.

  • Commerzbank AG
  • 11 February 2026 09:50:46
Commerzbank

Source: Sharecast

Revenues at the Frankfurt-listed company rose 9.6% in the year to December end to €12.2bn, boosted a 7.2% jump in net commission income to €4bn, and an "excellent" performance at mBank, its Polish subsidiary.

As a result, net profits came in at €2.63bn, a 1.9% decline on 2024 but ahead of consensus for €2.54bn.

Once €562m of restructuring expenses were stripped, the net result rose 13% to a record €3bn. Commerzbank called it "the best operating result in its history".

Looking to current trading, the lender said it now expects group net profits to come in ahead of original guidance for €3.2bn, on the back of net interest income rising to around €8.5bn. It had previously guided for net interest income closer to €8.4bn in 2026.

Bettina Orlopp, chief executive, said: "We have not only achieved our ambitious growth targets for 2025, but exceeded them in many areas. Additionally, our share price has more than doubled.

"Commerzbank is operating in a different league today. We are convinced that we can realise significant additional potential in the coming years."

Italian lender UniCredit has built up a 26% stake in Commerzbank. However, backed by the German government, the bank remains opposed to any potential merger.

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