CBK.DE · GER DAX

Commerzbank AG

Financial services · Banks - Regional

€39.66 −€0.51 (−1.27%) today

Closing price on Nov 11, 2026 · Source: Yahoo Finance

Consensus of 13 analysts

Hold

Median price target €42.00 +5.9%

Open: €40.53
Day range: 39.22 – €40.58
52-week range: 29.32 – €43.37
Volume: 706,835
Market cap: €42,866M
P/E (TTM): 13.8x
EPS (TTM): €2.87
EPS est. 2026: €3.13
P/E est. 2026: 12.7x
Dividend yield: 2.8%
Beta: 0.70
Payout: 38%

Commerzbank financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	€3,055M	+22.4%
Net income	€859M	+45.1%
Earnings per share	€0.78	+42.4%
Net margin	28.1%	+4.4 pp
Free cash flow	n/a	n/a
Debt / equity	n/a	n/a

Revenue and net income (€M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	€2,496M	€592M
Q4 2025	€3,917M	€737M
Q1 2026	€3,218M	€913M
Q2 2026	€3,437M	€897M
Q3 2026	€3,055M	€859M

Commerzbank earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 5	€0.8000.76 – 0.84	−29.1%€1.129
Next quarterQ1 2027 · Analysts: 1	€0.9900.99 – 0.99	+17.1%€0.845
Current year2026 · Analysts: 13	€3.1252.91 – 3.31	+13.0%€2.765
Next year2027 · Analysts: 13	€3.9193.48 – 4.52	+25.4%€3.125

Forward P/E: 12.7x (2026) and 10.1x (2027) at the current price.

Actual and estimated EPS (€)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	€0.548	—
Q4 2025	€1.129	€0.539
Q1 2026	€0.845	€0.740
Q2 2026	€0.630	€0.733
Q3 2026	€0.780	€0.786
Q4 2026	—	€0.800
Q1 2027	—	€0.990

Year	Actual EPS	Estimated EPS
2022	€0.990	—
2023	€1.630	—
2024	€2.060	—
2025	€2.394	—
2026	—	€3.125
2027	—	€3.919

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	€0.990	+17.1%
Q4 2026Estimated	€0.800	−29.1%
Q3 2026	€0.780est. €0.786 · surprise −0.7%	+42.4%
Q2 2026	€0.630est. €0.733 · surprise −14.0%	n/a
Q1 2026	€0.845est. €0.740 · surprise +14.3%	n/a
Q4 2025	€1.129est. €0.539 · surprise +109.4%	n/a
Q3 2025	€0.548	n/a

Year	EPS	Annual change
2027Estimated	€3.919	+25.4%
2026Estimated	€3.125	+30.6%
2025	€2.394	+16.2%
2024	€2.060	+26.4%
2023	€1.630	+64.6%
2022	€0.990	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Commerzbank dividend

Yield and payments

Dividend yield (TTM)	2.8%
Forward yield (next 12m)	2.8%
Dividend per share (TTM)	€1.10
Forward dividend (next 12m)	€1.10
Payout (TTM)	38%
Last dividend	€1.10May 21, 2026
Next ex-dividend date	n/a

Dividend per share by year (€)

PaidEstimated

Year	Dividend per share
2023	€0.20
2024	€0.35
2025	€0.65
est. 12m	€1.10

Commerzbank forecasts

13 analyst ratings

Buy31% Hold69% Sell0%

Consensus: Hold · 4 buy, 9 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	€47.00	+18.5%
Median	€42.00	+5.9%
Low	€39.00	−1.7%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	€33.88
Dec 30, 2025	€36.10
Jan 30, 2026	€34.69
Feb 27, 2026	€34.65
Mar 31, 2026	€30.79
Apr 30, 2026	€35.21
May 29, 2026	€37.06
Jun 30, 2026	€37.23
Jul 31, 2026	€37.67
Aug 31, 2026	€40.19
Sep 30, 2026	€40.31
Oct 30, 2026	€37.78
Nov 11, 2026	€39.66

Commerzbank peers

Ticker	Company	Market cap (€M)	P/E	Price (€)	1-day change	52-week range
CBK.DE	Commerzbank	42,866	13.8x	39.66	−1.27%	29.3243.37
UCG.MI	UniCredit	125,271	11.4x	83.61	+0.07%	57.3686.42
ISP.MI	Intesa Sanpaolo	108,698	11.0x	6.29	−1.66%	4.816.94
BNP.PA	BNP Paribas	104,602	8.4x	95.44	−0.23%	65.87113.82
CABK.MC	CaixaBank	85,954	13.5x	12.39	−1.04%	8.9613.56
DBK.DE	Deutsche Bank	61,695	9.8x	33.28	+0.48%	23.8235.85