What Commerzbank does

Commerzbank AG is a Frankfurt-headquartered, publicly listed German commercial bank founded in 1870 and Germany's second-largest listed lender by assets, operating with approximately 40,000 employees across more than 40 countries. The bank runs a hybrid distribution model that pairs an extensive German branch network (recognized as 'Best Branch Bank in Germany' for nine consecutive years) with a digital-first self-service stack delivered through its online portal and a heavily awarded mobile Banking App, secured by a proprietary photoTAN two-factor authentication system and accepted at Cash Group ATMs via an alliance with Deutsche Bank, HypoVereinsbank and Postbank.

The product portfolio spans tiered retail checking accounts (GiroKonto, KlassikKonto, PremiumKonto from €4.90–€12.90 per month), youth and joint accounts, savings and term deposits, a multi-tier credit-card family (Classic, Gold, Premium, Prepaid, Mastercard Debit, Young Visa), consumer and mortgage credit (Ratenkredit from 2.99% p.a., Baufinanzierung, Autokredit), and a securities platform with managed investing (money mate), savings plans and ETF distribution in partnership with Amundi. Business banking covers entrepreneur and SME segments — including a 2.75%-interest business savings feature, payment terminals via Commerz Globalpay, investment and founder credit, guarantees (Avale), and a structured consulting product (ZukunftsDialog) — while wealth management serves high-net-worth individuals and family offices.

Revenue is generated through a mix of net interest income (mortgages, personal loans, SME and corporate lending), transaction-driven commission and fee income (cards, payments, securities), and recurring advisory/management fees from wealth management and managed-investment products. The medium-term plan ('Momentum 2030') targets approximately €16.8 billion in revenue and a 21% net return on tangible equity by 2030, funded by approximately €600 million in AI investment and approximately 3,000 headcount reductions, with an expected €500 million in annual AI-driven savings from 2030 onwards.

Name

Commerzbank

Legal name

Commerzbank AG

Website

https://commerzbank.de

Company type

Public

Founded year

1870

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Commerzbank AG is Germany's second-largest listed commercial bank, offering retail checking, credit, savings, wealth management and SME/corporate banking to consumers, Mittelstand companies, and high-net-worth clients across more than 40 countries via branches, the Cash Group and a digital mobile-banking platform.

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

National Commercial Banks (6021), Finance Services (6199)

akta.pro primary industry

Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)

akta.pro secondary industries

Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM), Personal Financial Management & Budgeting (PFM) (FSAGAAAH), Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA)

Keywords

• Retail banking services
• Commercial banking
• Wealth management advisory
• Mortgage and consumer lending
• Corporate banking services

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Net Interest Income: Interest income from lending activities including mortgages, personal loans, and business financing
2. Commission and Fee Income: Fees from account management, credit cards, payment processing, securities trading, and other banking services
3. Wealth Management Services: Advisory and management fees for high-net-worth individuals and family offices

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Commerzbank is a full-service German commercial bank that provides retail and business current accounts, savings and term deposits, debit and credit cards, consumer and mortgage lending, SME and corporate financing, securities trading and custody, and wealth management advisory for high-net-worth individuals. Services are delivered through a nationwide branch network, an online banking web portal and the award-winning Commerzbank Banking App, supported by proprietary photoTAN security and AI-driven tools such as the Ava assistant and money mate managed investing.

Product overview

Commerzbank offers a comprehensive retail and commercial banking platform organized around five customer segments: Privatkunden (retail), Unternehmerkunden (entrepreneurs/business), Wealth Management, Firmenkunden (corporate), and Karriere (careers). The core product portfolio includes checking accounts (GiroKonto, KlassikKonto, PremiumKonto), youth accounts (StartKonto), joint accounts, savings products (Tagesgeldkonto, Festgeld), credit cards (Classic, Gold, Premium, Prepaid, Mastercard Debit), personal loans (Ratenkredit, Autokredit, Baufinanzierung), and business banking services (Geschäftskonten, Investitionskredit, Avale). Digital banking is delivered through the Banking App and Online Banking platforms, complemented by managed investment services (money mate, Wertpapier-Sparplan) and wealth management advisory. The bank serves customers in over 40 countries with approximately 40,000 employees worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• m.frequency: Digital banking platform for tech-savvy customers
• comdirect
• Commerzbank Mobile Banking

Products and services

• GiroKonto Primary private checking account with digital banking features, including Girocard with Visa function, mobile payments via Apple/Google Pay, and free cash withdrawals at Cash Group ATMs.
• KlassikKonto Mid-tier private checking account combining digital services with branch-based support, providing two Girocards, Mastercard Debit and discounted overdraft rates at €9.90/month.
• PremiumKonto Premium private checking account with comprehensive travel insurance, Priority Pass lounge access, 12 free domestic and 25 international ATM withdrawals, plus PremiumKreditkarte at €12.90/month.
• StartKonto Free current account for young people aged 7 to 27, including Girocard, Banking App access, and the Prepaid Junior Kreditkarte for teens 14 and above with parental consent for minors.
• Gemeinschaftskonto Joint current account for couples and flatmates, available in all private account tiers, enabling shared household expense management with individual disposal rights.
• TagesgeldKonto / Topzinskonto Plus Daily-access savings account. Topzinskonto Plus promotional rate of 2.25% p.a. for 12 months on balances up to €1,000,000 for new funds; standard rate 0.75% p.a.
• Festgeld Term deposit account with fixed interest rates over predetermined periods, offering predictable returns independent of market fluctuations.
• DirektDepot Securities trading account enabling investments in over 50,000 stocks, ETFs, ETCs, funds and certificates. Free custody if at least one fee-based transaction per quarter; otherwise 0.175% p.a. minimum €4.95/quarter. Online trading from €9.90.
• ClassicKreditkarte Standard credit card with worldwide acceptance, contactless payment and monthly billing. €39.90/year, with free euro payments in Eurozone countries and 1.75% foreign transaction fee.
• GoldKreditkarte Premium credit card with comprehensive travel insurance including trip cancellation, medical coverage, accident protection, and Priority Pass lounge access. €99.90/year.
• PremiumKreditkarte Top-tier credit card with full travel insurance, Priority Pass, 12 free domestic / 25 international ATM withdrawals, and premium concierge services.
• Prepaid Kreditkarte Reloadable prepaid card with no credit check required. Maximum balance €5,000 and daily ATM limit €600. Free for ages 14-18, €39.90/year for adults.
• Mastercard Debit Debit card with immediate deduction from the checking account. Free with KlassikKonto, otherwise €3.50/month. Accepted worldwide at Mastercard terminals.
• Young Visa Kreditkarte Credit card for students and trainees aged 18-27 with a minimum €300 monthly income requirement. Free annual fee when held with StartKonto.
• Ratenkredit Personal installment loan from 2.99% p.a. for flexible usage, with individual amounts and terms. Application possible in 10 minutes via app.
• Baufinanzierung Real estate financing with rates from 4.06% effective annual percentage. Includes fixed-interest certificates and up to 60% loan-to-value for primary residences.
• Dispokredit Authorized overdraft facility on checking accounts for temporary liquidity needs, with interest rates varying by account tier.
• Autokredit Vehicle financing loan at rates from 2.99% p.a. with flexible repayment options and immediate credit decision.
• Sanierungskredit Specialized renovation loan for homeowners to make climate-friendly improvements while sustainably increasing property value.
• Wertpapier-Sparplan Automated recurring investment plans for ETFs, funds, stocks and ETCs, with reduced fees on selected products via Aktions-Sparpläne through 30 June 2026.
• Commerzbank Girocard with Visa Function Debit card that replaces traditional EC-card functionality with integrated Visa payment capability, enabling online purchases and acceptance at 150 million additional Visa terminals worldwide.
• Banking App Mobile banking application for iOS and Android enabling full account management, transfers, card control, multibanking, securities trading, biometric login, photoTAN security and AI assistant Ava.
• Wealth Management Comprehensive wealth management service for high-net-worth individuals, families, entrepreneurs and foundations, including strategic asset allocation, estate planning, succession planning and generational wealth transfer.
• Geschäftskonto (KlassikGeschäftskonto / PremiumGeschäftskonto) Business checking accounts for self-employed professionals and companies, with 2.75% p.a. interest on business savings, Commerz Globalpay payment terminals and business credit cards.
• Commerz Globalpay Point-of-sale card terminal solutions for businesses, enabling contactless payments with various terminal models at competitive transaction rates.
• Investitionskredit Business loan for capital investments enabling companies to fund major projects while preserving working capital for daily operations.
• Avale / Avalkredit Bank guarantee facility for businesses providing surety bonds and guarantees required for contracts, tenders or regulatory compliance.
• Gründerkredit Startup financing loans with support from KfW, state development banks and German guarantee banks for new business ventures.

Quantifiable outcome

• Record Q1 2026 operating profit of €1.4 billion, up 11% year-on-year
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability3 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• European Investment Bank (EIB)coreStrategic or Co-development Partner · 22 April 2026EIB and Commerzbank signed cooperation agreement at Hannover Messe to mobilize up to €2 billion in investments for electricity grid expansion across Germany and EU. EIB provides €250 million guarantee enabling Commerzbank to issue additional guarantees to equipment manufacturers.
• VisacoreTechnology or Integration · 22 March 2026Visa Agentic Ready program launch in Europe with Commerzbank and DZ Bank as initial participating banks. Initiative aims to advance secure, real-time AI-driven autonomous payments.
• Aquila Capital InvestmentgesellschaftcoreStrategic or Co-development Partner · 4 June 2024Commerzbank acquired 74.9% stake in Aquila Capital Investmentgesellschaft after regulatory approvals. The deal aims to leverage Commerzbank's global network to help Aquila Capital become a leading European asset manager for sustainable investments.
• AmundiminorChannel Partner/ Reseller/ DistributorPartnership with Amundi for discounted ETF offerings - customers can invest in selected Amundi ETFs at reduced rates through Commerzbank platforms.
• Cash Group (Deutsche Bank, HypoVereinsbank, Postbank)coreChannel Partner/ Reseller/ DistributorATM alliance allowing all Cash Group customers free cash withdrawals at approximately 5,000 ATMs across Germany.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• UniCredit: Italy's largest bank and the hostile bidder for Commerzbank, holding ~42.5% economic interest. Operates a comparable European universal banking model across retail, corporate, and wealth management, making it the most directly comparable peer.
• Deutsche Bank: Germany's largest listed lender and Commerzbank's primary domestic competitor across retail, wealth management, and corporate banking. Both operate full-service universal bank models with global footprints anchored in Germany.
• DZ Bank: Germany's second-largest bank by assets and central institution of the cooperative banking sector. Competes directly with Commerzbank in German Mittelstand financing, SME banking, and retail deposits.

Broad incumbents

• Banco Santander: Major European and global retail/commercial bank with comparable universal banking model and wealth management franchise. Operates in Germany through Santander Consumer Bank, providing direct overlap in consumer finance.
• BBVA: Spanish universal bank with significant European retail and corporate banking presence. Comparable in scale, digital banking investment, and European universal banking strategy.
• BNP Paribas: France's largest bank and a leading European universal bank with comparable retail, corporate, and wealth management franchises. Competes with Commerzbank in cross-border corporate banking and European capital markets.
• ING Group: Major European bank with strong retail and digital banking presence across Germany and continental Europe. Comparable in scale and digital banking ambition, providing a benchmark for digital transformation.
• HSBC Holdings: Global universal bank with strong European and international trade finance presence. Comparable in cross-border corporate banking, wealth management, and international branch footprint spanning 40+ countries.
• KfW: German state development bank supporting SME and startup financing. Directly competes in Gründerkredit and Investitionskredit segments where Commerzbank's SME franchise operates.

Regional players

• Erste Group Bank: Austrian-based universal bank with strong Central and Eastern European footprint including Poland. Directly comparable in retail and SME banking focus, and a relevant peer for Commerzbank's Polish operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCRjqkmWAGyRpwJtHXbCldgg
• Facebookfacebook.com/commerzbankcareer
• LinkedInde.linkedin.com/company/commerzbank-ag
• Xx.com/commerzbank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments53 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Commerzbank