PWLBtoday
Counterparty/Commerzbank AG
Built 2026-09-14 17:10 UTCBeta
CO

Commerzbank AG

Bank · GermanyAAA · LEI 851WYGNLUQLFZBSYGB56
Counterparty scoreBand B
68
10th percentile of 41 peers
coverage100% of the method
Rating75w 40
Capital73w 25
Liquidity66w 15
Stability0w 10
Assets76w 5
Profit57w 5
Rating anchor and public pillars with published weights (w). Market overlay +3.0, bounded at ±10. Method
Agency ratingscompositeAStable (bonds)
S&P
A▶
ST A-1
2026-07-15
Moody's
A2▶
ST P-1
2026-04-21
Scope
A
2025-11-19
ESMA European Rating Platform, checked daily · ▲ positive ▼ negative ◆ watch ▶ stableRating history
CET1 ratio
14.5%
−0.3 vs prior2026-03-31
Leverage ratio
4.3%
−0.1 vs prior2026-03-31
Total capital
19.7%
−0.2 vs prior2026-03-31
LCR
143%
−0.1 vs prior2026-03-31
NSFR
122%
−1.1 vs prior2026-03-31
Risk-weighted assets
179.7bn
+2.2% vs prior2026-03-31
16 series held, up to 48 periods each. Click a card to open it full size with every point and its date. The grey band on a ratio is where this bank’s peer group stands today, quartile to quartile, with the median dashed — not a peer history.
Standing
Capital
Liquidity and funding
Profitability and efficiency
Asset quality
Balance sheet

Rating history

Every action the European Rating Platform holds, since 2015. The composite is the median of the agencies on the day.
6upgrades
4downgrades
2.0notches stronger
20162017201820192020202120222023202420252026A+AA-BBB+composite BBB+ from 2015-07-01composite A- from 2018-08-03composite BBB+ from 2020-04-23composite A- from 2021-03-04composite A- from 2022-06-30composite A- from 2023-03-23composite A from 2024-08-07composite A from 2025-07-03composite A from 2026-04-21ACOMPOSITEFitchFitch BBB from 2015-07-01 to 2016-03-07BBBFitch BBB+ from 2016-03-07 to 2020-03-27BBB+Fitch BBB from 2020-03-27 to 2021-03-04BBBFitch: stable outlook from 2016-03-07Fitch: negative outlook from 2019-10-07S&PS&P BBB+ from 2015-07-01 to 2017-03-28BBB+S&P A- from 2017-03-28 to 2020-04-23A-S&P BBB+ from 2020-04-23 to 2023-03-23BBB+S&P A- from 2023-03-23 to 2024-08-07A-S&P A from 2024-08-07, stillAS&P: watch positive outlook from 2016-12-15S&P: negative outlook from 2017-03-28S&P: stable outlook from 2022-05-23S&P: positive outlook from 2023-11-10S&P: stable outlook from 2024-08-07S&P: positive outlook from 2025-12-04S&P: stable outlook from 2026-07-15AMoody'sMoody's Baa1 from 2015-07-01 to 2018-08-03Baa1Moody's A1 from 2018-08-03 to 2022-06-30A1Moody's A2 from 2022-06-30 to 2025-07-03A2Moody's A1 from 2025-07-03 to 2026-04-21A1Moody's A2 from 2026-04-21, stillMoody's: stable outlook from 2015-07-01Moody's: negative outlook from 2020-09-25Moody's: stable outlook from 2022-06-30Moody's: positive outlook from 2024-04-24Moody's: stable outlook from 2025-07-03A2
AAACCCpositive outlookstablenegativewent on watch

Every move since 2015

  • 2026-04-21↓Moody's downgrade A1 → A2 · 1 notch
  • 2025-07-03↑Moody's upgrade A2 → A1 · 1 notch
  • 2024-08-07↑S&P upgrade A- → A · 1 notch
  • 2023-03-23↑S&P upgrade BBB+ → A- · 1 notch
  • 2022-06-30↓Moody's downgrade A1 → A2 · 1 notch
  • 2021-03-04×Fitch withdrawal of BBB
  • 2020-04-23↓S&P downgrade A- → BBB+ · 1 notch
  • 2020-03-27↓Fitch downgrade BBB+ → BBB · 1 notch

Every rating held today

AgencyTypeRatingOutlookDate
Moody'scounterparty · long-termAa3—2026-04-21
Moody'sdeposit · long-termAa3stable2026-04-21
Moody'sissuer credit · long-termA2stable2026-04-21
Moody'scounterparty · short-termP-1—2026-04-21
Moody'sdeposit · short-termP-1—2026-04-21
Scopeissuer credit · long-termA—2025-11-19
S&Pissuer credit · long-termAstable2026-07-15
S&Presolution counterparty · long-termA+—2026-07-15
S&Pissuer credit · short-termA-1—2026-07-15
S&Presolution counterparty · short-termA-1—2026-07-15
Source: ESMA European Rating Platform, checked daily, with agency attribution.
Share price, 12 monthsEUR
27.2831.6836.0840.4844.8825-09: 32.6525-09: 32.4925-09: 31.7525-09: 31.6925-09: 32.8725-10: 32.2325-10: 31.7025-10: 31.1925-10: 30.3025-10: 30.2425-10: 31.2625-11: 32.5425-11: 33.5425-11: 32.6925-11: 31.8425-11: 33.9725-12: 33.5825-12: 34.6425-12: 35.1825-12: 35.9425-12: 36.1026-01: 34.9026-01: 35.7726-01: 34.5426-01: 34.3926-01: 34.6026-02: 35.1126-02: 35.2626-02: 32.7426-02: 34.4926-02: 35.9826-03: 32.1026-03: 31.7226-03: 32.1426-03: 30.3326-03: 31.4926-04: 32.2426-04: 34.1126-04: 35.2926-04: 35.9426-04: 34.7526-05: 34.0226-05: 35.4726-05: 36.6326-05: 37.1526-05: 36.7126-06: 36.9826-06: 37.1026-06: 35.7826-06: 38.1826-06: 37.8826-06: 37.0626-07: 37.7226-07: 37.9026-07: 38.0326-07: 37.7526-07: 37.4526-07: 37.6726-08: 38.4926-08: 39.3826-08: 39.0026-08: 39.5526-08: 40.4826-09: 41.6026-09: 42.1042.1025-0925-1025-1226-0226-0426-0626-09
30-day realised volatility20.9%
Drawdown from 52-week high-0.4%
Market signal Stable (bonds)
Last price2026-09-14
Bond yields vs peers, 31-day+6 bp (4 bonds, 2026-09-14)
CDS levels, bond yields and agency ratings feed the private market overlay and are never shown as levels; only the direction and the change against peers are public.
Every event held for this name, newest first: rating actions, Pillar 3 documents and filtered headlines. Severity is rules-based — read the source.
2026-09-14
German finance minister lays out demands to UniCredit CEO on possible Commerzbank takeover - Euronext Markets: Real-time Stock Market Data | live
Euronext Markets: Real-time Stock Market Data | live
info
2026-09-14
Germany seeks guarantees from Italy’s UniCredit over Commerzbank takeover - Macau Business
Macau Business
info
2026-09-14
Germany pushes to keep Commerzbank listed as merger with UniCredit nears - internationalfinance.com
internationalfinance.com
info
2026-09-14
Germany Outlines Demands for UniCredit Takeover of Commerzbank - Bloomberg.com
Bloomberg.com
info
2026-09-14
High-Stakes Meeting: Germany's Demands in Commerzbank Takeover - Devdiscourse
Devdiscourse
info
2026-09-14
German Finance Minister Sets Conditions for Commerzbank Acquisition - Devdiscourse
Devdiscourse
info
2026-09-13
UniCredit Targets Crypto Infrastructure as It Negotiates Commerzbank Takeover - InsuranceNewsNet
InsuranceNewsNet
info
2026-09-11
Commerzbank's Future Hangs in Balance Amid UniCredit's Takeover Bid - Devdiscourse
Devdiscourse
info
2026-09-11
German Identity in Balance: The Commerzbank Takeover Saga - Devdiscourse
Devdiscourse
info
2026-09-11
US to sanction unnamed bank over dealings with Iran; Berlin sets conditions as UniCredit closes in on Commerzbank - TheBanker.com
TheBanker.com
warn
2026-09-11
Berlin sets Commerzbank safeguards as UniCredit takeover advances - EU Today
EU Today
info
2026-09-10
UniCredit okays capital increase for Commerzbank bid - Breakingthenews.net
Breakingthenews.net
info
2026-09-06
Commerzbank (XTRA:CBK) AT1 Tender Puts Its Valuation Story Back In Focus - finance.yahoo.com
finance.yahoo.com
info
2026-09-04
Commerzbank deal 'could open door to more European bank acquisitions' - FStech
FStech
info
2026-09-04
Orcel discusses Commerzbank takeover with Hesse premier; Revolut receives conditional approval for US banking charter - TheBanker.com
TheBanker.com
info
2026-09-03
Commerzbank refinances AT1 pair early - Global Capital
Global Capital
info
2026-09-02
Commerzbank CEO: serving out contract depends on agreement with board - Euronext Markets: Real-time Stock Market Data | live
Euronext Markets: Real-time Stock Market Data | live
info
2026-09-02
Commerzbank CEO: serving out contract depends on agreement with board - reuters.com
reuters.com
info
2026-09-02
Commerzbank CEO Suggests She’ll Leave If No Agreement With Orcel - Bloomberg.com
Bloomberg.com
info
2026-08-31
How UniCredit CEO outmanoeuvred Germany on Commerzbank - The Irish Times
The Irish Times
info
2026-08-28
How UniCredit CEO outmanoeuvred Germany on Commerzbank - Euronext Markets: Real-time Stock Market Data | live
Euronext Markets: Real-time Stock Market Data | live
info
2026-08-27
Berlin opens direct talks with UniCredit over Commerzbank takeover - eutoday.net
eutoday.net
info
2026-08-27
How UniCredit CEO outmanoeuvred Germany on Commerzbank - reuters.com
reuters.com
info
2026-08-26
Germany and UniCredit to talk about Commerzbank amid takeover battle - reuters.com
reuters.com
info
2026-08-24
SEC charges former BofA investment banker with insider trading; Commerzbank calls for German takeover rules review - TheBanker.com
TheBanker.com
info
2026-08-23
Commerzbank chair calls for review of German takeover rules after UniCredit bid - Global Banking & Finance Review
Global Banking & Finance Review
info
2026-08-20
Ex-Commerzbank Employees Charged in Frankfurt Tax Dividend Scandal Probe - Bloomberg.com
Bloomberg.com
warn
2026-08-20
German prosecutors file charges in tax fraud case against four former Commerzbank staff - reuters.com
reuters.com
warn
2026-08-18
Commerzbank CEO Bettina Orlopp on leading a turnaround under takeover pressure - CNBC
CNBC
info
2026-08-17
Focus: Culture clash: How Orcel's profit-boosting recipe could prove a bitter pill for Commerzbank - Reuters
Reuters
info
2026-08-14
Orcel’s Profit-Boosting Blueprint: Challenges for Commerzbank Takeover - Global Banking & Finance Review
Global Banking & Finance Review
info
2026-08-12
EXCLUSIVE: ECB leaning towards approving UniCredit's Commerzbank bid, document shows - reuters.com
reuters.com
info
2026-08-11
Mega-merger ahead? Commerzbank opens negotiation door to UniCredit - internationalfinance.com
internationalfinance.com
info
2026-08-10
UniCredit, Commerzbank CEOs Kick Off Talks on Control Change - Bloomberg.com
Bloomberg.com
info
2026-08-06
UniCredit, Commerzbank CEOs briefly spoke but did not start merger talks, source says - Reuters
Reuters
info
2026-08-06
Commerzbank CEO urges joint approach amid UniCredit takeover attempt - CNBC
CNBC
info
2026-07-27
Commerzbank chair ready for takeover talks with UniCredit - FStech
FStech
info
2026-07-27
Indonesian central bank governor steps down; Commerzbank drops resistance to UniCredit takeover talks - TheBanker.com
TheBanker.com
info
2026-07-24
Commerzbank relents, enters talks with UniCredit for takeover - Finextra Research
Finextra Research
info
2026-07-24
Commerzbank chair calls for talks with UniCredit after takeover battle - Financial Times
Financial Times
info
2026-07-23
UniCredit CEO tells CNBC acquisition of Commerzbank could happen in fourth quarter - CNBC
CNBC
info
2026-07-23
UniCredit profit beats forecasts as Commerzbank stake nears 50%; BNP Paribas profit rises on equities trading surge - TheBanker.com
TheBanker.com
good
2026-07-15
S&P affirmation: Issuer Credit Rating A
ESMA European Rating Platform
info
2026-07-15
S&P affirmation: Issuer Credit Rating A-1
ESMA European Rating Platform
info
2026-07-15
S&P affirmation: Resolution Counterparty Rating A+
ESMA European Rating Platform
info
2026-07-15
S&P affirmation: Resolution Counterparty Rating A-1
ESMA European Rating Platform
info
2026-07-15
S&P removed under positive outlook: Issuer Credit Rating
ESMA European Rating Platform
good
2026-07-15
S&P placed under stable outlook: Issuer Credit Rating
ESMA European Rating Platform
info
2026-06-10
Unicredit Raises Commerzbank Stake by More Than 10 Percentage Points - finews.com
finews.com
info
2026-06-04
Commerzbank seeks regulator review of UniCredit stake disclosures - FStech
FStech
info
2026-05-20
Commerzbank Rejects UniCredit’s Takeover Offer - Global Finance Magazine
Global Finance Magazine
info
2026-05-19
Commerzbank officially declines UniCredit takeover bid - FStech
FStech
info
2026-05-11
Commerzbank to axe 3000 jobs as it fends off UniCredit takeover - Finextra Research
Finextra Research
warn
2026-04-21
Moody's affirmation: Deposit Rating Aa3
ESMA European Rating Platform
info
2026-04-21
Moody's affirmation: Deposit Rating P-1
ESMA European Rating Platform
info
2026-04-21
Moody's affirmation: Counterparty Risk Rating Aa3
ESMA European Rating Platform
info
2026-04-21
Moody's affirmation: Counterparty Risk Rating P-1
ESMA European Rating Platform
info
2026-04-21
Moody's downgrade: Issuer Rating A2
ESMA European Rating Platform
warn
2026-04-21
Moody's maintained under stable outlook: Deposit Rating
ESMA European Rating Platform
info
2026-04-21
Moody's maintained under stable outlook: Issuer Rating
ESMA European Rating Platform
info

Documents and feeds

EBA Transparency Exercise · published data file
10 documents · 7 metrics · 2015-12-31 to 2024-06-30
Latest source
Yahoo Finance fundamentals · public API
1 document · 6 metrics · 2022-12-31 to 2026-06-30
Latest source
EBA Pillar 3 Data Hub · tagged XBRL filing
1 document · 8 metrics · 2025-06-30 to 2026-03-31
Latest source

Latest value of every metric held

MetricValueReference dateSourceConfidence
CET1 capital ratio14.462026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00
Total deposits (currency millions)471,591.002026-06-30Yahoo Finance fundamentals · public API0.80
Cost-to-income or efficiency ratio65.002025-12-31Yahoo Finance fundamentals · public API0.70
Liquidity coverage ratio142.712026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00
Leverage ratio4.262026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00
Net interest margin1.442025-12-31Yahoo Finance fundamentals · public API0.70
Non-performing or noncurrent loan ratio1.472024-06-30EBA Transparency Exercise · published data file0.85
Net stable funding ratio122.172026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00
Overall capital requirement14.732026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00
Return on assets0.462025-12-31Yahoo Finance fundamentals · public API0.80
Return on equity7.692025-12-31Yahoo Finance fundamentals · public API0.80
Risk-weighted assets (currency millions)179,713.862026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00
Tier 1 capital ratio16.402026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00
Total assets (currency millions)619,060.002026-06-30Yahoo Finance fundamentals · public API0.80
Total capital ratio19.712026-03-31EBA Pillar 3 Data Hub · tagged XBRL filing1.00