Bettina Orlopp said Commerzbank's first-half profit was a record, crediting clients and staff. The Q2 call prepared remarks gave no figures.
Commerzbank AG (CRZBY), a German commercial bank, on Thursday opened its second-quarter earnings call with a record result for the first half of 2026. 'We again achieved record results in an especially demanding environment,' Chief Executive Bettina Orlopp said.
Orlopp called the first half of 'a truly remarkable year' for the bank. The credit, she said, went 'first and foremost to our clients and our people.' The results showed 'the fundamental resilience of our business model and the focused execution of our team,' she said, thanking clients for their 'continued partnership and unwavering trust.'
CFO Carsten Schmitt presented alongside her. The call began at 9 a.m. Frankfurt time, or 3 a.m. EDT. The operator told participants the call was being transmitted and recorded by audio webcast and would be available for replay online.
The prepared remarks did not include net income or capital ratios. Analysts on the call included Tarik El Mejjad of BofA Securities, Benjamin Goy of Deutsche Bank, Jeremy Sigee of BNP Paribas, Chris Hallam of Goldman Sachs, Mate Nemes of UBS, Tobias Lukesch of Kepler Cheuvreux, Riccardo Rovere of Mediobanca, Stefan-Michael Stalmann of Bernstein, Anke Reingen of RBC, Kian Abouhossein of JPMorgan and Borja Ramirez Segura of Citigroup.
The floor opened for questions after the presentation. Orlopp closed her opening statement by returning to the bank's staff: 'The dedication and commitment of our outstanding team, both in Germany and abroad, are the foundation of our success.'
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