Visa to become Commerzbank's preferred partner Commerzbank customers to primarily receive Visa cards in the future Private, business, and corporate clients of Commerzbank to benefit from future payment innovations Commerzbank and Visa have agreed on a strategic partnership in card business. The companies are expanding their existing successful co [ … ]

Financial results for 2024: 2024 targets exceeded: net result increased by 20% to around €2.7 bn – operating result improved by 12% to €3.8 bn Revenues up 6% to €11.1 bn driven by strong customer business Net commission income up 7% to €3.6 bn; materially better than forecast – net interest income remains strong at €8.3 bn despite interest rate  [ … ]

Revenues up 6% to €11.1 bn driven by strong customer business: net commission income up 7% to €3.6 bn – net interest income still at high level of €8.3 bn Bank approves additional share buyback of up to €400 m CEO Bettina Orlopp: “We have exceeded our capital return promise to our shareholders.” Commerzbank reached a net result of €2.68 bn in th [ … ]

Based on a good revenue development, particularly in net interest and commission income as well as some valuation effects in the fourth quarter, Commerzbank reached a preliminary and unaudited net result of €2.68bn in the 2024 fiscal year. Based on the net profit, the Board of Managing Directors and the Supervisory Board of Commerzbank AG have dec [ … ]

38,837,806 shares in total repurchased (3.278% of share capital) CEO Bettina Orlopp: “The completion of the first tranche is an important step towards our target of returning at least 70% of our net result to our shareholders for the 2024 financial year.” Commerzbank AG successfully completed the first tranche of its third share buyback programme  [ … ]