Radiocor News

Commerzbank plans 3,000 job cuts -2-

(Il Sole 24 Ore Radiocor) - Milano, 8 mag - In the first quarter of 2026, Commerzbank increased its revenue 5% to 3.219 billion euros.

The bank lifted its operating result by 11% and achieved the best quarterly result in its history at 1.358 billion euros.

The net profit rose to 913 million euros from 834 million a year earlier.

The CET 1 ratio stood at 14.5% as of March 31 against 14.7% at the end of 2025 and 15.1% on March 31, 2025.

Commerzbank raised its profit target for the full year to at least 3.4 billion euros from the previous target of more than 3.2 billion.

Guidance for the CET 1 ratio remains unchanged at more than 14% by the end of the year. But, the bank is now targeting a net return on tangible equity of around 12%, up from more.

than 11.2% previously.

(RADIOCOR) 08-05-26 09:18:00 (0203) 5 NNNN

 


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