REG-Commerzbank Aktiengesellschaft SREP capital requirements for Commerzbank reduced for 2026 – distance to MDA threshold remains comfortable

COMMERZBANK AGAnnouncement

30/10/2025 15:00

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   Commerzbank Aktiengesellschaft (CZB)
   SREP capital requirements for Commerzbank reduced for 2026 – distance to
   MDA threshold remains comfortable

   30-Oct-2025 / 15:53 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   30 October 2025

    

    

   SREP capital requirements for Commerzbank reduced for 2026 – distance
   to MDA threshold remains comfortable

    

     • Pillar 2 capital requirement (P2R) reduced by 10 basis points to 2.15%
     • Additional own funds requirement for leverage ratio (SREP P2R-LR)
       remains unchanged at 0.1%
     • Maximum Distributable Amount (MDA) threshold for Common Equity Tier 1
       pro forma at 10.13% of risk-weighted assets (RWA)
     • CEO Bettina Orlopp: "The reduction in our capital requirements
       reflects the confidence of the supervisory authorities in our business
       model and growth path."

    

   In the annual Supervisory Review and Evaluation Process (SREP) the
   European Central Bank (ECB) has determined the bank-specific capital
   requirements for the Commerzbank Group in 2026. The additional own funds
   requirement for Pillar 2 (P2R) has been reduced by 10 basis points to
   2.15% of total capital. Of which at least 1.21% must be covered with
   Common Equity Tier 1 (CET1) capital. The SREP decision will replace the
   previous one, with effect from 1 January 2026.

   As of 30 June 2025, the pro forma CET1 requirement for the Commerzbank on
   Group level amounts to 10.13% of risk-weighted assets (MDA threshold) when
   applying the new SREP decision. The requirement consists of: the CET1
   minimum requirement of 4.5%, the P2R of 1.21%, the capital conservation
   buffer of 2.5% and the capital buffer for otherwise systemically important
   institutions of 1.25%, as well as the countercyclical capital buffer of
   currently 0.62% and the sectoral systemic risk buffer of currently 0.05%.

   Furthermore, the requirement to maintain additional own funds for the
   leverage ratio (Pillar 2 requirement for the risk of excessive leverage –
   P2R-LR), which was introduced in 2023, remains unchanged at 0.1%. The
   resulting leverage ratio requirement of 3.1% is met by a leverage ratio of
   4.3% as of June 2025.

   "The reduction in our capital requirements reflects the confidence of the
   supervisory authorities in our business model and growth path. With a CET1
   ratio of 14.56% as of the end of June 2025, we are well above the MDA
   threshold. We continue to have a comfortable buffer to consistently invest
   in our business model and maintain an attractive capital return to our
   shareholders, allowing them to directly participate in Commerzbank's
   success," said Bettina Orlopp, CEO of Commerzbank. As part of its
   strategic plans until 2028, Commerzbank aims for a CET1 ratio of 13.5%.

    

   Press contact

   Kathrin Jones     +49 69 9353-45687

    

   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: MSCM
   TIDM:          CZB
   LEI Code:      851WYGNLUQLFZBSYGB56
   Sequence No.:  406738
   EQS News ID:   2221448


    
   End of Announcement EQS News Service

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