Commerzbank is a German banking group. It focusses on the German Mittelstand, large corporates, and institutional clients. The company was founded in 1870 and is headquartered in Frankfurt am Main.
Commerzbank's IFRS net profit for 3 months of 2022 amounted to €298 million, up 2.2 times from €133 million in the previous year. Revenue increased by 12.2% to €2.795 billion compared to €2.492 billion a year earlier.
Commerzbank's IFRS net profit for 2021 was €0.43 billion, compared with a loss of €2.87 billion in the previous year. Revenue increased by 3.3 percent to €8.459 billion compared to €8.186 billion a year earlier.
Commerzbank's IFRS net profit for 9M 2021 amounted to €9 mln, against a loss of €168 mln in the previous year. Revenue increased by 3.3% to €6.36 billion from €6.158 billion a year earlier.
Commerzbank's IFRS loss for 6 months of 2021 was €394 million, up 3.7 times from €107 million in the previous year. Net interest income fell by 6.5 percent to €2.427 billion from €2.597 billion a year earlier.