Commerzbank stock: RBC lifts target from EUR 40.00 to EUR 41.00

Published on 10/23/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 7.00 percent to EUR 6.50 billion in the first half. Commerzbank stock costs EUR 35.71 on October 23, 2026, down 0.42 percent versus Xetra close.

RBC target and results date

RBC raised its Commerzbank target from EUR 40.00 to EUR 41.00 on October 13, 2026.
Revenue reached EUR 6.50 billion in the first half of 2026, up 7.00 percent year over year.
Commerzbank stock costs EUR 35.71 at Lang & Schwarz on October 23, 2026 at 3:33 p.m. CEST, 0.42 percent below the Xetra close of October 22, 2026.
Third-quarter results are scheduled for November 5, 2026.

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RBC raised its Commerzbank target from EUR 40.00 to EUR 41.00 on October 13, 2026, while keeping its Sector Perform rating, according to DER AKTIONÄR. Commerzbank stock was trading at EUR 35.71 at Lang & Schwarz on October 23, 2026 at 3:33 p.m. CEST, down 0.42 percent versus the Xetra close of October 22, 2026.

What does the EUR 41.00 target imply?

RBC's target stood 14.79 percent above the Lang & Schwarz price. The analyst linked the higher target to revised estimates that reflect higher interest rates, but expected most of the benefit to appear after the third quarter, according to DER AKTIONÄR.

First-half revenue sets the benchmark

Commerzbank generated EUR 6.50 billion of revenue in the first half of 2026, an increase of 7.00 percent from the same period of 2025. The bank's earnings call also reported a EUR 1.80 billion net result for the first six months, up 40.00 percent year over year, with the prior-year comparison affected by restructuring charges, according to Yahoo Finance. The cost-income ratio was 53.00 percent in the first half.

November 5 is the next date

Commerzbank's third-quarter results are scheduled for November 5, 2026. The date gives investors a fixed point for testing whether higher rates have started to lift the bank's interest income, a question highlighted in the RBC analysis. The bank's 2026 net income target remains at least EUR 3.40 billion, according to Borse Express.

Valuation leaves room for debate

Commerzbank had a market capitalization of EUR 38.7 billion and a price-to-earnings ratio of 12.73 as of October 23, 2026. Its 52-week range was EUR 29.32 to EUR 43.37, placing the current euro price 17.66 percent below the high. The valuation explains why the target revision matters, but the upcoming results remain the next operating test.

Stock position before results

The stock sits below its 52-week high while the RBC target remains above the market price. The contrast between a 7.00 percent first-half revenue increase and the modest daily decline leaves the November report as the next dated measure of operating progress. At Lang & Schwarz, Commerzbank stock was trading at EUR 35.71 on October 23, 2026 at 3:33 p.m. CEST, 0.42 percent below the Xetra close of October 22, 2026 at EUR 35.86. The further course of trading is shown by the continuously updated real-time quote of Commerzbank stock.