Commerzbank's Pillar 2 capital requirement (P2R) will be reduced by 5 basis points to 2.10% for the year 2027, as determined in the annual Supervisory Review and Evaluation Process (SREP) by the European Central Bank (ECB). The bank's additional own funds requirement for the leverage ratio (SREP P2R-LR) remains unchanged at 0.1%. The Maximum Distributable Amount (MDA) threshold for Common Equity Tier 1 (CET1) capital is now set at 10.26% of risk-weighted assets (RWA), based on figures from Q2 2026.
Read More
CEO Bettina Orlopp stated, "The fact that our capital requirements have now been reduced for the second year in a row reflects the continued strength and stability of our business model."
The new SREP decision will take effect on January 1, 2027, replacing the previous requirements. Under the current rules, as of June 30, 2026, the CET1 requirement for Commerzbank at the Group level is 10.26%, representing a reduction of 0.03%. This requirement comprises a CET1 minimum of 4.5%, the reduced P2R of 1.18%, along with a capital conservation buffer of 2.5% and a systemic importance buffer of 1.25%. Additionally, there is a countercyclical capital buffer of 0.77% and a sectoral buffer of 0.06%.
The leverage ratio requirement remains at 3.1%, which Commerzbank exceeds with a ratio of 4.3% as of June 2026. As part of its ongoing “Momentum” strategy until 2030, Commerzbank targets a CET1 ratio of 13.5%, with the current ratio at 14.4% as of mid-2026.