Commerzbank AG (CRZBY)

Germany does not expect Italy's UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday.

The German finance ministry on Friday denied a media report that Finance Minister Lars Klingbeil could meet with his Italian counterpart to discuss UniCredit's push for a merger with Commerzbank.

Some 200 Commerzbank employees protested early Thursday against a possible takeover of the German lender by UniCredit.

Commerzbank on Wednesday said it had reached an agreement with the works council on the terms to cut around 3,900 jobs by 2028, part of a strategy to help it deliver more ambitious profit targets.

Commerzbank's priority is the execution of its own strategy and that markets can see what the lender can achieve as a standalone company, CEO Bettina Orlopp plans to tell shareholders at an annual mee...

Commerzbank derived 67% of its Q1 2025 revenue from net interest income—a key concern amid ECB rate cuts. Segment performance was particularly strong at mBank, which saw lower FX mortgage provisions. ...

Commerzbank AG (OTCPK:CRZBF) Q1 2025 Earnings Conference Call May 9, 2025 3:00 AM ET Company Participants Bettina Orlopp – Chief Executive Officer Carsten Schmitt – Chief Financial Officer Conference ...

Earnings and revenue for the first quarter exceeded analyst expectations, after higher commission income offset a decline in interest income.

Germany's Commerzbank , fending off a possible takeover by Italy's UniCredit , said on Friday that net profit rose nearly 12% in the first quarter, defying expectations for a drop.

Commerzbank employee representatives are planning a protest of a possible takeover by the Italian bank UniCredit.