Facing potential takeover by the Italian bank Unicredit, Commerzbank announced a group-wide reduction of approximately 3,000 jobs.
The bank stated that this restructuring effort aims to meet ambitious financial goals: raising net profits to 4.6 billion euros by 2028 and further increasing them to 5.9 billion euros by 2030. Furthermore, the bank plans to elevate its return on net equity to 21 percent by the same year, 2030.
Financial performance data showed that in the first quarter of 2026, Commerzbank achieved an operating result totaling 1.4 billion euros, representing an 11 percent increase. The commission surplus reached 1.1 billion euros. Based on these strong quarterly results, the bank raised its forecast for the entire 2026 fiscal year, projecting a net income of at least 3.4 billion euros.
Looking ahead, the bank plans a major strategic focus on Artificial Intelligence (AI) to boost efficiency and unlock new growth areas. By 2030, Commerzbank intends to invest around 600 million euros in various AI initiatives designed to improve productivity and overall service quality. The bank anticipates that AI will deliver an annual added value of approximately 500 million euros starting in 2030.
