Commerzbank AG - Company Profile

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Commerzbank AG (Commerzbank) is a financial institution that offers a wide range of banking services. The bank's main activities include providing financing for energy-efficient buildings, developing products and services based on customer surveys, and involving customers through various advisory councils. Commerzbank's major services include green mortgage loans and a range of products for corporate clients. The bank serves private and small-business customers, as well as corporate clients, with a focus on energy efficiency and customer-centric product development. It operates through various foreign branches and significant group companies, indicating a broad distribution network. The bank has a global presence, with operations in cities such as Amsterdam, Beijing, London, New York, and Singapore, among others. Commerzbank is headquartered in Frankfurt, Hessen, Germany.

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Headquarters Germany

Address Kaiserplatz, Frankfurt Am Main, Baden-Wurttemberg, 60311


Telephone 49 69 13620

No of Employees 42,000

Industry Financial Services

Ticker Symbol & Exchange CBK (ETR)

Revenue (2022) $25.0B 46.3% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 54.8% (2022 vs 2021)

Market Cap* $17.1B

Net Profit Margin (2022) XYZ 5.8% (2022 vs 2021)

* As of and is in US$
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Commerzbank AG premium industry data and analytics

20+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Commerzbank AG (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Commerzbank AG’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Accounts and Deposits: Electronic Banking mbank
Current Account Payment Management Commerzbank
Savings Account Credit Management Solutions
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 New Products/Services In April, the bank introduced a new strategic X-Border Payments Initiative.
2024 Contracts/Agreements In March, the bank signed an agreement to acquire 18% of the shares of NIXDORF Kapital AG.
2024 Contracts/Agreements In January, the bank expanded its partnership with Worldline to provide instant payments in European countries.
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Competitor Comparison

Key Parameters Commerzbank AG Deutsche Bank AG DZ Bank AG Bayerische Landesbank UniCredit Bank AG
Headquarters Germany Germany Germany Germany Germany
City Frankfurt Am Main Frankfurt Am Main Frankfurt am Main Munich Munich
State/Province Baden-Wurttemberg Baden-Wurttemberg Hessen Bayern Bayern
No. of Employees 42,000 90,130 33,524 8,491 10,866
Entity Type Public Public Private Private Private
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Executives
Name Position Board Since Age
Jens Weidmann Chairman Executive Board 2023 -
Manfred Knof Chief Executive Officer Senior Management 2021 -
Bettina Orlopp Chief Financial Officer; Deputy Chief Executive Officer Senior Management 2021 -
Jorg Oliveri del Castillo-Schulz Chief Operating Officer Senior Management 2022 -
Bernhard Spalt Chief Risk Officer Senior Management 2024 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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