REG-Commerzbank Aktiengesellschaft Commerzbank proves high resilience in EBA stress test

COMMERZBANK AGAnnouncement

Yesterday 17:30

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   Commerzbank Aktiengesellschaft (CZB)
   Commerzbank proves high resilience in EBA stress test

   01-Aug-2025 / 18:19 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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     • CET1 ratio (fully-loaded) in the adverse scenario at 9.6% (2023: 9.5%)
     • Stress effect of 412 basis points (2023: 464 basis points)
     • Chief Risk Officer Bernd Spalt: “We have once again improved our
       result in this year’s EBA stress test in an extraordinarily
       challenging macroeconomic scenario. This is evidence of Commerzbank’s
       high resilience. Our customers can rely on us even in challenging
       times.”

   In this year’s stress test conducted by the European Banking Authority
   (EBA) and the European Central Bank (ECB), Commerzbank has once again
   proven its resilience, despite extremely challenging scenarios, and has
   improved its result compared to the last EBA stress test in 2023. In the
   so-called adverse stress test scenario, the Common Equity Tier 1 ratio
   (CET1 ratio) reached 9.6% at the end of the stress test horizon in 2027.
   Assuming a massive and extended economic downturn in Germany, a
   significant increase in the unemployment rate, and a markedly altered
   interest rate environment, Commerzbank’s CET1 ratio (fully-loaded) had
   decreased by 412 basis points over the three-year stress period. In the
   2023 stress test, the CET1 ratio had fallen by 464 basis points to 9.5%.

   In the context of the European implementation of the Basel capital
   requirements ("Finalization of Basel III"), the CET1 ratio for this year's
   stress test had to be considered under both the "fully-loaded" and
   "transitional" regimes. The fully-loaded regime already assumes a complete
   phase-in of the EU transitional regulations valid until the end of 2032,
   including the elimination of temporary relief measures. Under the
   transitional regime, where the EU transitional regulations applicable
   during the simulation period can still be applied to determine
   risk-weighted assets, the CET1 ratio decreased by 484 basis points to
   10.5% at the end of the stress test horizon in 2027.

   “We have once again improved our result in this year's EBA stress test in
   an extraordinarily challenging macroeconomic scenario. This is evidence of
   Commerzbank's high resilience and highlights our profitability,” said
   Bernd Spalt, Chief Risk Officer. “Our customers can rely on us even in
   challenging times. We demonstrate this not only through the hypothetical
   EBA stress test but also every day during times of real stress, which are
   currently characterised by global trade conflict, wars in Europe and the
   Middle East, and a persistently weak global economy. Commerzbank has
   sufficient buffers to absorb all of these burdens and continue to drive
   its profitable growth.”

   In the adverse scenario, which covers the period from 2025 to the end of
   2027, a severe recession in Germany is assumed, accompanied by increased
   inflation due to massive energy price shocks. Export-oriented industries
   and energy-intensive sectors, which the German economy heavily relies on,
   are particularly affected. These factors cumulatively lead to a
   significant decline in the gross domestic product by 7.5% over three years
   (stress test 2023: -6.4%).

   The stress test was conducted based on a static balance sheet assumption
   using the financial figures as of the end of 2024 and did not take account
   of any current or future business strategies and management initiatives.
   It is also not a forecast of Commerzbank's profits. The results of the
   stress test feed into the Supervisory Review and Evaluation Process
   (SREP).

   You can find more information on the publication of the EBA on 1 August
   2025  1 here.

    

   Press contact
   Kathrin Jones  +49 69 9353-45687
   Milad Bayatpoor +49 69 9353-45665

   Investors’ contact
   Ute Sandner  +49 69 9353-47708
   Ansgar Herkert  +49 69 9353-47706

    

   About Commerzbank
   With its two business segments – Corporate Clients and Private and
   Small-Business Customers –, Commerzbank, as a full-service bank, offers a
   comprehensive portfolio of financial services It is the leading bank in
   the Corporate Clients Business in Germany and for the German Mittelstand
   and a strong partner for around 24,000 corporate client groups.
   Commerzbank transacts approximately 30% of Germany’s foreign trade
   financing. The Bank is present internationally in more than 40 countries
   in the corporate clients’ business – wherever its Mittelstand clients,
   large corporates, and institutional clients need it. In addition,
   Commerzbank supports its international clients with a business
   relationship to Germany, Austria, or Switzerland and companies operating
   in selected future-oriented industries. With more than €400bn assets under
   management, Commerzbank is also one of the leading banks for private and
   small-business customers in Germany. Under the brand Commerzbank, it
   offers a wide range of products and services with an omni-channel
   approach: online and mobile, via phone or video in the remote advisory
   centre, and personally in its around 400 branches. Under the brand
   comdirect, it offers all core services as a digital primary bank 24/7 and,
   as a performance broker, solutions for saving, investing, and securities
   trading. Its Polish subsidiary mBank S.A. is an innovative digital bank
   that serves approximately 5.8 million private and corporate customers,
   predominantly in Poland, as well as in the Czech Republic and Slovakia.

   Disclaimer
   This release contains forward-looking statements. Forward-looking
   statements are statements that are not historical facts. In this release,
   these statements concern inter alia the expected future business of
   Commerzbank, efficiency gains and expected synergies, expected growth
   prospects and other opportunities for an increase in value of Commerzbank
   as well as expected future financial results, restructuring costs and
   other financial developments and information. These forward-looking
   statements are based on the management’s current plans, expectations,
   estimates and projections. They are subject to a number of assumptions and
   involve known and unknown risks, uncertainties and other factors that may
   cause actual results and developments to differ materially from any future
   results and developments expressed or implied by such forward-looking
   statements. Such factors include, amongst others, the conditions in the
   financial markets in Germany, in Europe, in the USA and other regions from
   which Commerzbank derives a substantial portion of its revenues and in
   which Commerzbank holds a substantial portion of its assets, the
   development of asset prices and market volatility, especially due to the
   ongoing European debt crisis, potential defaults of borrowers or trading
   counterparties, the implementation of its strategic initiatives to improve
   its business model, the reliability of its risk management policies,
   procedures and methods, risks arising as a result of regulatory change and
   other risks. Forward-looking statements therefore speak only as of the
   date they are made. Commerzbank has no obligation to update or release any
   revisions to the forward-looking statements contained in this release to
   reflect events or circumstances after the date of this release:

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          DE000CBK1001
   Category Code: MSCU
   TIDM:          CZB
   LEI Code:      851WYGNLUQLFZBSYGB56
   Sequence No.:  397761
   EQS News ID:   2178606


    
   End of Announcement EQS News Service

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References

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