rewrite this title and make it good for SEOCommerzbank AG (CRZBY) Q4 2025 Earnings Call Transcript

Operator

Hello, and welcome to the Commerzbank AG conference call regarding the fourth quarter results 2025. Please note that this call is being transmitted as well as recorded by audio webcast and will be subsequently made available for replay in the Internet. [Operator Instructions] The floor will be opened for questions following Bettina Orlopp’s and Carsten Schmitt’s presentation.

Let me now turn the floor over to our CEO, Bettina Orlopp.

Bettina OrloppCEO & Chairwoman of the Board of Managing Directors

Good morning, everyone, and welcome to our earnings call. You already saw the bottom line and capital return yesterday with our pre-release. And today, we are pleased to present the full picture of our Q4 and full year performance 2025. I will present to you our overview of the year and share our strategic and financial view going forward. Afterwards, Carsten will walk you through the detailed financial performance of the fourth quarter.

We can report on a very successful year for Commerzbank. We achieved our growth targets and in many areas, exceeded them. We delivered a record operating result and will return even more capital to shareholders than originally planned. This is a clear proof to the fact that our Momentum strategy pays off and drives