Commerzbank holds branches and offices in almost 50 countries. The main markets for Commerzbank are Germany and Poland. There are about 1,000 branches in the branch network of Commerzbank in Germany. The Bank serves more than 18 million private customers as well as more than 60 thousand corporate clients, multinational companies, financial service providers, and institutional clients. The bank finances more than 30% of Germany’s foreign trade and is the leader in financing corporate clients in Germany and providing financial market products. Commerzbank Group is composed of two business segments: Private and Small Business Customers as well as Corporate Clients. Comdirect, owned by Commerzbank, is the German market leader in respect of direct banking and online brokerage services. In 2017, Commerzbank generated gross revenues of 9.2 billion Euros with approximately 49.3 thousand employees.
The German government, currently the largest shareholder of Commerzbank, holds a 15% stake in the share capital through Germany’s Financial Market Stabilisation Fund (SoFFin). The largest institutional investors are BlackRock and Cerberus. Each of them holds more than 5% of Commerzbank’s shares. The remaining institutional investors hold about 50% of shares in free float.
