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European rating agency. Objective, transparent, independent.

Commerzbank AG

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- Outlook STA 07.09.2023 18.09.2023
BBB+ Outlook POS 29.04.2022 05.05.2022
BBB+ Outlook STA 24.11.2021 30.11.2021
BBB+ Watch UNW 05.07.2021 06.07.2021
BBB+ Outlook NEG 26.11.2020 16.12.2020
BBB+ Watch NEW 24.03.2020 28.03.2020
BBB+ Outlook STA 29.11.2019 06.12.2019
BBB+ Outlook STA 25.09.2018 05.12.2018
BBB+ Outlook NEG 10.08.2017 29.11.2017
BBB+ Outlook STA 27.01.2017 03.02.2017

News

  • 18.09.2023
    Creditreform Rating (CRA) upgrades the Long-Term Issuer Rating of Commerzbank AG (Group) to A-. The rating outlook is stable.
    CRA upgrades the rating of Preferred Senior Unsecured Debt to A-, the rating of Non-Preferred Senior Unsecured Debt to BBB+, the rating of Tier 2 Capital to BB+ and the rating of AT1 Capital to BB.
  • 05.05.2022
    Creditreform Rating has revised its outlook on the rating of Commerzbank AG to positive from stable and affirmed the rating of Commerzbank AG at BBB+. Creditreform Rating has also affirmed the rating of Additional Tier 1 capital at BB-, the rating of Tier 2 capital at BB and the rating of Preferred Senior Unsecured debt at BBB+. The rating of Non-Preferred Senior Unsecured Debt was affirmed at BBB. For more details regarding the rating, we refer to our rating report on our homepage.
  • 30.11.2021
    Creditreform Rating has revised its outlook of Commerzbank AG (Group) from negative to stable and affirmed the rating of Commerzbank AG (Group) at BBB+. Creditreform Rating has also affirmed the rating of Additional Tier 1 capital at BB-, the rating of Tier 2 capital at BB, the rating of Non-Preferred Senior Unsecured debt at BBB and the rating of Preferred Senior Unsecured debt at BBB+. For more details regarding the rating, we refer to our rating report on our homepage.
  • 06.07.2021
    Creditreform Rating AG has revised its rating methodology for the rating of banks (Bank Ratings). Henceforth, only the revised version of the rating methodology ("Version 3.0") will be applied with the end of the consultation process. In addition, Creditreform Rating AG introduced the new sub-methodology „Institutional Protection Scheme Banks“. Hence, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Our revised rating methodologies can be found at www.creditreform-rating.de.
  • 16.12.2020
    Creditreform Rating has revised its outlook on the Commerzbank AG (Group) to negative from watch negative and affirmed the rating of Commerzbank AG (Group) at BBB+. Creditreform Rating has also affirmed the rating of BB- of Additional Tier 1, the rating of BB of Tier 2 and the rating of BBB+ of the Preferred Senior Unsecured. The rating of Non-Preferred Senior Unsecured Debt was confirmed at BBB. For more details regarding the rating, we refer to our rating report on our homepage.
  • 28.03.2020
    Creditreform Rating has set the rating of all valid bank ratings and bank issues to watch negative due to the currently not assessable impact of the Corona Crisis. Not affected by this rating action are government related banks. We refer to the free available Monitoring Report for a more detailed explanation.
  • 06.12.2019
    Creditreform Rating has affirmed the rating of Commerzbank AG at BBB+. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 Capital at BB- and the rating of Tier 2 Capital at BB. The rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) was affirmed at BBB+. Moreover, the rating of Non-Preferred Senior Unsecured Debt was set to BBB.
  • 05.12.2018
    Creditreform Rating has affirmed the rating of Commerzbank AG with BBB+. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 with BB-, the rating of Tier 2 with BB and the rating of the Senior Unsecured with BBB+.
  • 29.11.2017
    Creditreform Rating has set the bankrating of Commerzbank AG to BBB+. The outlook is negative. The rating is based on the good asset quality and the diversified business model. The Commerzbank is one of Germanys leading major banks with a wide client base regarding the classical retail business. On the other hand, the below-average profitability and the still ongoing restructuring as part of the digitalization offensive, have an adverse effect on the rating.