commerzbank

Commerzbank AG is a major European banking institution headquartered in Frankfurt am Main, Germany. It serves private, entrepreneurial, and corporate clients with a wide range of banking and financial services. As Germany's second-largest retail bank, Commerzbank has around 20,000 employees in its home market and operates about 400 branches nationwide. It plays a significant role in financing German foreign trade, with strong ties to the country's Mittelstand (medium-sized businesses). The bank also includes subsidiaries like Comdirect Bank and the Polish mBank. Commerzbank is a publicly listed company on the Frankfurt Stock Exchange and is part of the German DAX index. The Federal Republic of Germany remains a significant shareholder, alongside major private stakeholders like the Italian bank UniCredit, which has been increasing its stake over recent years. The bank has undergone transformations focused on digitalization, cost reduction, and profitability, achieving its best profit results in over a decade by 2023. It offers services including payment transactions, securities trading, investment financing, and corporate financial structuring. The bank's headquarters is in the Commerzbank Tower in Frankfurt, with additional offices in Berlin, Brussels, New York City, and Singapore. It is also recognized for its international presence and business activities. Recent strategic moves include job cuts planned through 2028 to maintain competitiveness and prevent hostile takeovers. Commerzbank has also had notable developments concerning ownership stakes and regulatory approvals in 2024-2025. Overall, Commerzbank remains a key player in the German and European banking sectors with a focus on digital advisory services and sustainable profitability.